BQ Big Decisions: It’s Important To Know What Strategy Your Fund Manager’s Employing
A fund manager may follow an investment strategy that doesn’t match your own goals and risk profile.
BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
Picture this—you’re one of five people participating in a unique challenge. You’re all taken to the centre of a crowded marketplace, with dozens of shops and stalls selling similar items. You’re then given a list of items that you have to purchase in the next 10 minutes. You’ll be judged on the quality and freshness of the items that you buy.
Your success or failure will likely depend on how familiar you are with the marketplace, the items you have to buy, and the strategy you employ when you set out to buy them.
Fund managers in asset management companies face a similar challenge on a daily basis. And each one of them has a strategy to ensure they get the results that they have promised their unitholders. The strategies often differ from fund house to fund house and manager to manager.
On this episode of BQ Big Decisions, BloombergQuint speaks to Amol Joshi, founder of PlanRupee Investment Services, about the more popular strategies employed by fund managers, how to identify them, and why it’s important that the strategy syncs with your risk profile and financial goals.