The message of this week’s blog post is simple. Not everyone has what it takes to become a fund manager (even if they’re a talented trader).
To find out why, you should watch this video. It lists the key characteristics that are required to succeed as a fund manager.
Just watch the video, or read the transcript below.
Being an investment fund manager isn’t easy. But those who are successful do share some common characteristics. This video explores four of them.
The best fund managers have mastered their own trading strategy, which allows them to deliver incredible returns to their investment fund clients.
Unsurprisingly, running an investment fund requires discipline. It’s vital that fund managers ensure they skew their focus to their most important task – trading the financial markets.
Humility is an overlooked trait in successful people. The best managers are smart enough to admit what they don’t know. This where utilising the expertise of a fund administrator – like IFINA – is important.
Delegation is a difficult skill for many inexperienced investment fund managers – but it’s vital. Effective delegators tend to perform better in times of high stress.
Do you possess these characteristics? If you do, you would likely be an excellent fund manager. If you have any questions about creating your own fund, just get in touch and a member of our team will come back to you.