Celebrity Fund Managers are highly paid poster boys and girls for their respective companies, and their performance and personalities are used in marketing messages which attract millions and even billions into their funds. But are they worth their huge salaries and bonuses or should you avoid them at all costs?

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In this session you will discover:

• What fund managers are actually trying to do
• The levels of (in)consistency among fund managers
• What makes a celebrity fund manager, a celebrity fund manager
• What it costs you to choose an active manager
• The other factor you should look for in a fund manager, in addition to consistency
• Why it is important to rebalance
• How much, if any, of your portfolio you should devote to active fund management

Warning: be wary. Most celebrity fund managers enjoy a brief period of fame; very few stay at the top of their game. The trick is to find those few, and keep an eye on them, but even then to only do so with a small proportion of your money. For the bulk of it, let the markets and the asset allocation do their thing.

As always, for a full transcript of the show, click the hoooge blue button below

Resources mentioned in the show

Video no. 37: Active vs Passive investing

Session 120: Understanding Investment Sectors

Session 121: How To Choose Investment Funds

Session 105: Investment Masterclass Part 1 – Asset Allocation

Trustnet Manager Research Tool

Much of the inspiration for this session came from this post over at Evanson Asset Management

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My thanks to BradNorthrop for his review this week!

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