Accrue Financial Group
What does a Managed Fund Manager do?
Interview with Anton Tagliaferro of Investors Mutual.
Click on the link below or cut and paste into a new browser window.
<iframe width="560" height="345" src="http://www.youtube.com/embed/Uz-DqMDNcJQ" frameborder="0" allowfullscreen></iframe>Clients often ask us, just what does a manager of a managed fund do?. Some clients seem to think the manager is like a bookmaker - placing bets all day on different shares. Others think the manager buys some shares, waits for them to go up in value, and that is it. I am the first to admit that at times there is a bit of "smoke and mirrors" to it. But most of the time it comes back to the exciting stuff of reading company reports, and analysing the data. Managers look for the hidden value in things, and take a position in the stocks that meet their standards. This Video by Investors Mutual is fairly dry but unlike a day at the races, funds management is a fairly dry business.
If getting rich was easy then everyone would do it.
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Terry founded what now is Accrue Financial Group in 1987. He is still
actively involved on a daily basis with providing our clients with
advice and guidance. Terry has attained CFP certification which is the
highest professional certification that can be awarded to a financial
planner.
Kristy has 10 years experience in the Financial Planning Industry. Kristy's focus is on providing excellent service to our existing and new clients.