One of my kids wants to be a fund manager. I do not know whether to be proud and overjoyed at the prospect, or embarrassed and uncomfortable.
A fund manager at a large American-owned institution went in to the school just before the start of the summer holidays to do a careers chat. I will not embarrass the person concerned, or the group they work for, by naming either, as I would like to think the children got slightly the wrong end of the stick about what a fund manager does. But let me recount what my teenager thinks a fund manager does. “They are given a load of money to invest each year and, even if they lose money each year, they can get a bonus by charging fees for investing the money. And if they do really well, ...
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