The individual who manages a portfolio of investments. Also called a portfolio manager or a money manager. Bloomberg Financial Dictionary
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An SFA firm which provides continuing advice to a customer or has discretion over the composition of his portfolio. Dresdner Kleinwort Wasserstein financial glossary
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The party that implements the investment strategy and selects portfolio investments, in accordance with the objectives and strategy set forth in the fund's prospectus. It places orders to effect or liquidate selected investments, in accordance with the net flow of capital into or out of the fund. See Asset Manager (Securities Industry ), Fund manager (Securities Industry). Euroclear Clearing and Settlement glossary
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investment manager UK US noun [C] FINANCE
► a person or financial organization that manages their own money or that of others, in order to make as much profit as possible: »
As with any investment trust, results depend on the stock market and the returns achieved by the investment managers.
Financial and business terms. 2012.