What qualities do fund managers need?

What qualities do fund managers need?

The development of public funds has quickly made fund managers the focus of market attention. High salaries and professionalism have put a halo on the heads of fund managers. However, becoming a fund manager is obviously not something that school education can cultivate.

An investment director of a fund company said that fund managers should possess several basic qualities. First, they should have broad knowledge and understand a lot of things. Investment is a science that involves all aspects of knowledge, which requires fund managers to have a broad understanding of all kinds of knowledge and be familiar with the conditions of all walks of life. Only with rich knowledge can we make quick judgments after mastering the material. In addition, fund managers must be decisive, have very clear ideas, and dare to be different.

A fund manager of a partial stock fund believes that the most basic quality of a fund manager is to be able to think independently and have the ability to objectively evaluate things.

The fund manager pointed out that the A-share market is full of all kinds of news, and the most basic quality of a fund manager is to be able to distinguish and analyze information among these different information. For example, at a certain moment, the market is favored by many people, but fund managers must have their own analysis and look at a lot of information calmly and critically.

?In fact, it is also about daring to be different. ?This person said with a smile that you must dare to buy when you need to make a decision, and when others are very optimistic about the market, you must have a deep understanding of what is behind the market, see things that others cannot see, and dare not to buy.

?Fund managers cannot be educated?, an industry insider pointed out that it is not possible to become a fund manager by issuing a certificate. For fund managers, the most important thing is to have long working experience, which requires at least three years of investment experience, not including previous research experience.

Although this industry insider also admitted that the industry is currently developing too fast and many fund managers may lack the necessary qualities and experience. However, working experience should still be a must for fund managers. After all, after engaging in investment research for a long time, you may be more sensitive to the market than ordinary people, and you will form your own ideas for investment analysis. More importantly, fund managers need not only good analytical skills on fundamentals, but also their own judgment on technical aspects, so that they can spot problems in market changes.

However, this person also pointed out that the qualities of a fund manager are not completely limited. Some people may be suitable for research, but some may be more spiritual and suitable for investing.

Dou Zhen, chief consultant of the financial and insurance department of the German headhunting company Geseeker, said that benefiting from the recovery of the capital market, the market for fund managers has been bullish again recently, and many companies have expressed the need to recruit equity fund managers. But it is very difficult to find fund managers at the moment, and good fund managers are basically reluctant to change jobs.

Dou Zhen said that when fund companies recruit fund managers, what they value most is their experience and investment performance. Usually, fund companies’ first choice is to poach more mature fund managers from other companies, followed by insurance, Investment managers with experience in asset management from securities firms and other industries. For those who are interested in becoming fund managers, a CFA qualification, a good educational background or experience in a large company will give them extra points. In addition, when fund companies select fund managers, they will also examine the candidates' character and investment style. ;