What does Money managers do?

2 answers:

6 0

A money manager is a person or financial firm that manages the securities portfolio of an individual or institutional investor. Typically, a money manager employs people with various expertise ranging from research and selection of investment options to monitoring the assets and deciding when to sell them.

Sloan [31]3 years ago

5 0

Money managers decide how to allocate a person's investments across stocks, bonds, and alternative investments. The money manager is responsible for developing asset allocation program.

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