The person whose responsibility it is to oversee the allocation of the pool of money invested in a particular mutual fund. The fund manager is charged with investing the money to attain the returns and level of risk of the mutual fund investors. Bloomberg Financial Dictionary
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A fund manager is a professional who decides how fund money is invested (see Fund). London Stock Exchange Glossary
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An individual or institution involved in investing funds for their own account or on behalf of others.
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fund manager UK US noun [C] UK (US investment adviser) FINANCE, STOCK MARKET
► a person or organization that buys and sells shares, bonds, etc. and makes investment decisions for clients: »
a former fund manager at Standard Life Investments
»hedge/pension fund manager
Financial and business terms. 2012.