What is the primary role of a fund manager?

The primary role of a fund manager is to make investment decisions and manage the fund's portfolio. This involves analyzing various investment opportunities, assessing market trends, and deciding how to allocate the fund’s assets to achieve the best possible returns for investors. The fund manager continuously monitors the portfolio to adjust strategies based on performance, market conditions, and investment goals. This role is crucial because the fund manager's decisions directly impact the fund's performance and, consequently, investor returns.

In contrast, while selecting insurance providers and providing customer service are important tasks in the broader financial services industry, they do not fall under the core responsibilities of a fund manager. Additionally, overseeing marketing strategies, although essential for promoting a fund, is typically handled by a separate marketing team rather than the fund manager, who focuses primarily on investment strategies and portfolio management.