What is a fund manager?
Investment funds help multiple investors benefit from economies of scale that can generate higher returns. A fund manager is a specialised financial manager responsible for making sure that accurate accounting records are kept for investment funds. You could also be involved with implementing investment strategies and managing trading activities.
This high profile financial services role is most commonly available in private equity companies.
How do I achieve it?
Entry positions in the fund accounting industry are available for graduates, although employers will expect fund managers to be qualified and a member of a professional accountancy body such as ACCA. Accountants already working in more junior or general roles can research the benefits of upskilling to help them focus their skills to secure a specialised role such as fund management.
Students interested in a career in fund management will find the following ACCA Strategic Professional Options exams extremely valuable:
- Advanced Financial Management (AFM)
- Advanced Taxation (ATX)