The role, functions and liabilities of a portfolio manager

Abstract

As the investment world becomes increasingly complex, investors can easily become frustrated and confused by the multitude of investment products available on the market. Bevis Longstreth very aptly states that: "The risks of inflation, the volatility of interest rates, the deregulation of financial intermediaries, and the unbundling of financial services have combined to present investment managers with challenges and opportunities far greater than have existed in the past."