Managed fund
noun
an investment fund managed for a number of clients by a company, often involving a combination of fixed-interest and property investments at the discretion of the fund managers
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[man-ij-muh nt] /ˈmæn ɪdʒ mənt/ noun 1. the act or manner of ; handling, direction, or control. 2. skill in ; executive ability: great management and tact. 3. the person or persons controlling and directing the affairs of a business, institution, etc.: The store is under new management. 4. executives collectively, considered as a class […]
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