It seems the government had been working on the plan for a while since the K-P government recruited a
professional fund manager last year on a hefty monthly pay cheque to explore investment opportunities which promise good returns.
A
professional fund manager will help investors take advantage of the opportunities that volatility brings and mitigate potential risks as and when they are presented.
I mentioned earlier that nobody can time markets, but surely a
professional fund manager who does this for a living on a daily basis has more of an idea than your friends at the monthly share club meeting?
This would be a substantial multi-million-pound fund run by a
professional fund manager, with the Welsh Assembly Government and a private sector funder having equal stakes.
The ruling said that a prison term without suspension -- a rather harsh sentence for a defendant charged only with Securities and Exchange Law violations -- is appropriate as the crime was ''vicious'' and was committed by ''a
professional fund manager.
The bill calls for the organization of a "fund of funds" and the hiring of a qualified
professional fund manager to direct it.
By investing in a mutual fund instead of individual stocks, you don't have to watch the ticker tape even/day because a
professional fund manager is doing it for you.
By using a collective investment you are also spreading the risk by using a
professional fund manager to invest in a wide range of assets.
A
professional fund manager does all the buying and selling and is the hands-on decision maker.
For most of us who lack the time or the inclination to study the stock market, there is something comforting about the notion that a
professional fund manager is, in essence, making decisions on our behalf.
There is also the comfort that a
professional fund manager is carefully watching the market.
He added: "The City continues to churn out noise on a daily basis that makes people believe they need to engage a
professional fund manager to try to beat the market - you don't.
