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What is Single Manager Funds?
Answer:
These funds comprise a couple of analysts, sector heads and one PM. In this fund type, people have direct access to the decision maker and generally, there is a good mentoring environment and less bureaucracy.
The processes are transparent and sometimes, the analysts even contribute to the core decision-making process. The single manager fund team usually don't have more than ten members.
The pay is varied with the PM getting about 50% of the total profits.
The processes are transparent and sometimes, the analysts even contribute to the core decision-making process. The single manager fund team usually don't have more than ten members.
The pay is varied with the PM getting about 50% of the total profits.
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