To put it bluntly, a fund manager is a fund manager. It refers to an institution that makes investment decisions according to laws, regulations, fund articles of association or fund contracts by virtue of professional knowledge and experience, and seeks to continuously increase the value of the fund assets under management and make fund holders get as much income as possible. Fund managers have different names in different countries. For example, Britain is called an investment management company, the United States is called a fund management company, Japan is called an investment trust company, and Taiwan Province Province is called a securities investment trust company, but their responsibilities are basically the same, that is, the use and management of fund assets.

To put it bluntly, the managing partner is equivalent to the legal representative of the company. As another civil subject different from legal persons and natural persons, partnership enterprises have independent capacity for rights and conduct. Undoubtedly, a partnership enterprise is a social organization with a certain organizational structure and economic capacity. It can engage in economic activities in its own name, enjoy rights and undertake obligations independently, thus embodying its right capacity. However, as a social organization, it can't directly engage in a certain behavior like a natural person, so its behavior ability can only be reflected by the behavior of its representative. Therefore, the executive partner stipulated by law or partnership agreement is the person who engages in various business activities on behalf of the enterprise, that is, the enterprise representative. He or they engage in activities on behalf of the enterprise outside, and their actions have legal consequences for the enterprise.