The fund manager is the fundraiser and manager of fund products, whose main duty is to be responsible for the investment operation of fund assets in accordance with the provisions of the fund contract, and strive for the maximum investment income for fund investors on the basis of effectively controlling risks.

A professional institution responsible for the initiation, establishment and management of funds, usually initiated by securities companies, trust and investment companies or other institutions, has an independent legal person status. Fund managers have different names in different countries.

Extended data

Fund managers are managers and users of fund assets. The quality of fund income depends on the level of fund managers' management and use of fund assets, so the qualifications of fund managers must be strictly limited to protect the interests of investors. Only institutions with certain conditions can serve as fund managers.

Different countries or regions have different regulations on the qualifications of fund managers. Generally speaking, an institution applying to become a fund manager must be approved by the relevant government departments in accordance with the relevant securities investment trust laws and regulations of the country or region where it is located before it can obtain the qualification of a fund manager. The contents of the audit include: whether the fund management company has certain capital strength and good reputation, whether it has the hardware conditions (such as fixed place and necessary facilities) to operate and operate the fund, whether it has specialized talents and clear fund management plans, etc.

China's "Interim Measures for the Management of Securities Investment Funds" stipulates that the responsibilities of fund managers mainly include: investing and managing fund assets in accordance with the provisions of the fund contract; Pay the fund income to the fund holder in time and in full; Keep the accounting books of the fund for more than 15 years; Prepare the fund financial report, make a timely announcement and report to the China Securities Regulatory Commission; Calculate and publish the net asset value of the fund and the net asset value of each fund share; Other duties stipulated in the fund contract; The manager of the open-end fund shall also handle the subscription and redemption of the fund in a timely and accurate manner in accordance with the relevant provisions of the state and the provisions of the fund contract.