Managed funds
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Also see: Hedge fund, fund manager
Managed funds include hedge funds, funds of hedge funds, managed futures funds and other non-traditional asset classes. The portfolio manager of an actively-managed fund tries to beat the market by picking and choosing investments.[1]
The managed fund industry is supported by a wide range of service providers including accountants, administrators, attorneys, bankers, brokers, consultants, exchanges, prime brokers, technology and data providers and third-party marketers.
Hedge funds are private investment pools generally limited to high net worth individuals and institutional investors.[2]
References[edit]
- ↑ Index Funds vs. Actively-Managed Funds. About.com.
- ↑ Industry Overview. Managed Funds Association.