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When To Say Good Bye To A Fund Manager



When to Say Good Bye To A Fund Manager

Problem

Investors, whether they are institutional investors or individual investors, rely heavily on a working relationship with an investment management company and with the individual investment manager who handles their account. A variety of factors and a variety of events may develop over time or quite quickly that will lead investors to conclude that a change of investment management companies, a change in the individual investment manager handling their accounts, or change in both the investment management company, as well as a change in the individual investment manager may be required. Reaching such a conclusion tends to be more easily accomplished than is the case with making the determination of the optimal time to make the change.

The determination of the optimal time to change investment management companies, change individual investment managers, or to make simultaneous changes requires the consideration of a wide variety of factors. Such factors include (among many others), (a) portfolio structure, (b) current market conditions, (c) contractual obligations, and (d) the availability of acceptable alternatives. The problem that requires investigation is to determine how to identify the optimal time for change.

Research Questions

Two research questions are proposed. Additional research questions may be developed. The research questions that are proposed at this time are as follows:

1. What factors and/or event types should be included as assessment to determine the optimal time for change?

2. How should the factors and/or event types included in an assessment of the optimal time for change be weighted relative to one another?

Summary Of Related Literature

Investment management firms are firms, which specialize in creating capital gains for their clients. Investment management firms are the firms, which are the go between for the company who has securities to sell and the market place where these securities will be offered to the public on the stock exchange. The clients of these investment management firms are called the investors. The investors in turn can be private investors, pension funds, insurance companies, or large public corporations and organizations. Investment management firms can enact business through a collective investment scheme such as mutual funds, or through the stock exchange (exchange traded funds).

Investment management firms provide what is called collective investment schemes and asset management. Fund management may be used as a generic term to cover all types of investment not necessarily limited to investment management firms. Investment management firms, which handle private wealthy investor's interests, refer to this specific type of management as wealth management or portfolio management. This activity is often called "private banking." The investment management firms handle financial analysis, asset and stock selection, and a strategy for generating and monitoring ongoing securities. Investment management firms are responsible for handling trillions of dollars in the USA and Euro dollars and yen all over the world.

A fund manager, a term used in the USA which in turn refers to the actual investment management firms or it can refer to the investment advisor who sets ...