Saturday, January 8, 2011

Management Tenure

Management Tenure refers to the length of time that a portfolio manager, or senior investment executives, have been in charge of the investment management process. In terms of judging a fund's performance, the track record of an actively managed fund can only really be compared through time if the same people and processes were involved throughout that time. In other words it is difficult to ascertain the capabilities of a portfolio manager who has e.g. only run a fund for a year or two.

Synonyms: Manager experience

Comments?
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