Fund Manager Files

iPhone / Style de vie

This is an app about fund managers
Fund managers are very important for fund companies.
We know that fund companies are one of the most important institutions in the asset management industry. The core indicator of the asset management industry is the scale of asset management, because only by increasing the scale of asset management can sufficient management fees be received to maintain the company's operations. As an asset management institution, fund companies mainly rely on management fees for their income. Of course, some special account management businesses also have certain performance commission income, but the proportion is relatively small. The management fee is equal to the management scale multiplied by the fee rate, which is basically fixed and tends to decrease as competition intensifies.
The management fees of active funds are generally relatively high, such as the management fees of stock funds and hybrid funds, which are generally between 1-1.5%, which is more than three times the fees of bond funds and monetary funds. So, from an income perspective, active funds with a bias towards stocks such as equity funds and hybrid funds are very important for fund companies.
The scale of equity biased funds mainly relies on performance, and with good performance, the scale grows faster. Since fund managers are so important to both funds and fund companies, if we plan to invest in active funds, we need to pay long-term attention to research on fund managers.