Fund Managers Need to Be Accessible and Personally Invested

fund manager

We hear it all the time. “Put your money where your mouth is,” “Skin in the game,” and, “Eat your own dog food.” All phrases that talk about the one thing in the investing world that many fund managers try to avoid. Accountability. When you hear the word accountability these days it usually refers to CEO’s that are on their way to jail or Club Fed as the locals like to call it. Accountability is, however, now starting to creep into the vernacular of investors who wonder whether or not the person that is supposed to be managing their investment believes in it enough to put his own money into it. A recent Morningstar study of approximately 6,000 fund issues showed that 46% of the stock funds reviewed were managed by fund managers with none of their personal money invested in their own funds.

Think about that in realistic terms. You have about a 50/50 shot that the person you are trusting to protect and grow your investment doesn’t trust himself to protect and grow his own investment. That is not only a serious problem of accountability but what about performance? During my formidable years at USC, I took a Business Development class that was being taught by a former Controller of General Motors (I don’t remember his name and it was during the cheap gas good times at GM). He devoted an entire semester to what he felt was the one thing that made people perform at their best. Motivation. Motivation derived from doing well in the eyes of others is a pretty good source, but it’s nothing compared to the personal motivation derived from something like the well being of your own investment account. Some of the arguments we may hear from fund managers are that the types of investments that they manage don’t fit well in their portfolio because of variables like age, risk tolerance, etc. This argument could be made for fund managers in their 30’s and 40’s that don’t invest 30% of their portfolio into the super conservative fixed income fund they are managing like a bond fund, but there is really no excuse for investing zero.

I have seen a few articles on this subject lately and I thought investors would like to hear about this from a fund manager’s perspective. Being a fund manager myself I can tell you that it is personally stressful for me every time we make a decision that will affect the fund and the investor money we are using. I think any fund manager that doesn’t feel this way is either too detached or on prescription medication. Besides the stress of investing someone else’s money, the thought that also goes through my mind like a hammer is how much money I will lose personally if the investment goes bad. This thought is present for the simple reason that I am heavily invested in our fund and any bad decision will affect me personally. I don’t have the option of having a deal go bad, and say “Well Mr. Investor, we’ll try harder for you next time and I am sure glad it wasn’t my own money that was lost.” I think this kind of accountability is the last and most important check in a system of checks and balances that lead a fund manager to a prudent decision.
The other large problem associated with fund managers and their investors is the lack of accessibility to the fund manager.

Now I can totally understand how fund managers of large multi-billion dollar funds can’t speak to the multitude of people investing in them. However, I think the comfort level associated with being able to pick up the phone and speak with your fund manager is absolutely irreplaceable. I say this not only so you can ask questions about your investment or get their perspective on the market, but more importantly to get an overall feel of the type of person that is investing your money. So I think we can all agree about the benefits of speaking with your fund manager, but with accessibility, there is a flip-side check in the check and balance system. If the fund manager knows you, there is a feeling of personal responsibility that is created, and that responsibility helps create some caution when he is investing your money.

Image result for fund manager

I realize that we live in a virtual world, but some of the age-old principles of life need to still apply. Being personally tied to a result creates the motivation for good performance, so make sure your fund manager is personally invested. Lastly, there is still an awful lot you can learn about someone in a five-minute conversation. If you have the option, call your fund manager, or prospective fund manager, and talk to him about his investment philosophy and just try to get an overall sense of him/her as a person. The same five minutes wasted while waiting for your computer to boot up, could be five minutes with your fund manager that, in the end, can make or save you an awful lot of money. So stop reading and start calling and find out who is managing your money.

Why We Use Fund Managers

If you were extremely rich, you’d be able to afford a team of private money managers – people who would watch the markets daily and seek out investment opportunities for you.

The good news is that you don’t need to be rich to access this – it’s what fund managers do.

A managed fund is an investment that consists of a pool of funds – $20,000 from you, $50,000 from someone else etc. These funds combine to be in the millions and are invested by professional money managers.

What we’re good at

Financial Planners are good at being financial planners. We’re not funding managers. Our job is to recommend financial strategies that will help you achieve your long-term goals. It’s what we’re good at.

We choose to outsource the actual managing of your money to professional fund managers. It’s their job and it’s what they’re good at.

What a fund manager does

A good investment company has a team of staff who manage your money. Let’s consider a fund that invests in Australian shares.

The fund employs a team of investment analysts. Each analyst may have a different field of expertise i.e. resource stocks, telecommunications companies etc. They have access to a wide range of research on the companies they’re looking at. Due to the size of the funds, they’re able to meet with the key staff of the companies and visit their offices. They’re able to react quickly to company announcements and market movements.

Due to the size of the funds, they’re often able to obtain some cost reductions. For example, the stockbroking rates they’d pay will be far less than what the average investor pays.

The fund invests your money across a range of companies. Some share funds may have a concentrated portfolio of around 20 stocks, others may hold over 100.

No emotion

Most funds management companies have a disciplined investment structure in place that takes the emotion out of investing. If you or I bought a share and it declined in price, we may be reluctant to sell because we like to think we can always pick ‘winners’. If we sell at a loss, that would be losing!

A fund manager has a process that removes the emotion. They have defined reasons for buying (or selling) a share. If the price declines, they’ll want to see why and if they still believe in the company they’ll generally see the price decline as an opportunity to buy more shares at a cheaper price.

Cast a wider net

There are managed funds available for investments all around the world. Australia has a relatively small share market compared to the rest of the world – we’re less than 2% of global share markets.

It makes sense to invest offshore. You’re able to invest in companies and technologies that aren’t available in Australia. Companies like Nokia and Google are only available on overseas stock markets.

A professional fund manager makes it easy. They usually have analysts all around the world and they’re able to react quickly to market movements and investment opportunities – even when you and I are sleeping.

Different styles

Different fund managers have different ideas on how to invest your money. A company that may be considered too expensive to buy by one fund manager may be seen as a bargain by another.

Which one is right? They both are.

You may know about the importance of diversification. Even within an asset class, we can diversify. Different share managers have different approaches to managing your money. We’ll generally pick managers with different ideas so that when you combine the different portfolios, you have a good mix of investment ideas. They’ll all be ‘right’ at different times – that’s the point of mixing them up.

Outsource what you can

Of course, you could choose to manage your money yourself, investing in shares etc.

But that takes a lot of time, and it’s a big risk. You’re betting that you can invest better than a bunch of professionals.

Many of our clients tell us they’re time poor. If they had the more free time they’d spend it with family and friends, they’d use it to indulge in a hobby, they’d take better care of their health and fitness.

So to us, trying to manage your money yourself carries a high amount of risk. We believe there’s value in outsourcing it to professionals. Let us advise you on the right strategies, and let fund managers invest your money. As a result, you can have more free time to do the things you enjoy.

Water Resources Management

Access to drinking water and sanitation for all, livable cities, food security, energy security, job creation through economic growth and healthy ecosystems: the international community will not be able to meet the major development challenges of the 21st century century without improving the way countries manage their water resources. Population growth and economic growth, as well as intensifying climate variability, will exacerbate already-present water stress. The World Bank, which is one of the largest sources of external financing for water management, is addressing these challenges through multi-sectoral approaches that include infrastructure development and institution building, while prioritizing the most disadvantaged. Support for water resources management in its client countries is part of the World Bank Group’s commitment to achieving a dual goal: ending extreme poverty by 2030 and promoting shared prosperity for all. the poorest 40% in each country.


Water is one of the most basic human needs. It is indispensable for almost all sectors of the economy, including agriculture, energy production, industry and mining. Water management, which impacts on health, gender equality, education and livelihoods, is critical to sustainable economic development and poverty reduction. However, water resources are under unprecedented pressure due to greater consumption due to population growth and competing for economic sectors, with the result that volumes are available that cannot meet human needs or guarantee flow rates. ecosystems for the good health of ecosystems. Groundwater is being depleted in many places,

The degradation of water quality, resulting from a wide range of economic activities, reduces the amount of fresh water available, depletes soils and alters many terrestrial and marine ecosystems, and increases the cost of treatment. the water. Two and a half billion people still lack reliable sanitation and 768 million safe drinking water, resulting in thousands of deaths every day and billions of dollars in annual economic losses.

Many studies indicate that the difficulties will worsen, under the effect of climate change, which will be accompanied by a greater hydrological variability, with the more frequent occurrence of intense meteorological phenomena (droughts, floods, violent storms …). Experts estimate that by 2080, 43 to 50% of the world’s population will live in countries where water will be scarce, compared to 28% today. A recent report from the World Bankon global warming issues indicates that if global temperatures rise by 4 degrees Celsius, water stress will increase in some parts of the world. The one billion people living in monsoon-dependent basins and the 500 million people living in deltas are particularly vulnerable. The poorest countries, yet the least prepared for this crisis, will be the most affected.

Water resource management issues have become so pressing that in 2014, for the second year in a row, the World Economic Forum put the water crisis at the top of its agenda. In the face of these natural and socio-economic evolutions, practices formerly applied to water are ineffective. Countries can not develop sustainably or increase their resilience to climate change without intelligent water management that takes into account the depletion and alteration of reserves, as well as a delimited allocation of resources according to the social, environmental and economic needs of the countries.

The global water crisis requires multisectoral solutions:

Water and agriculture: In 2050, to feed a planet of 9 billion inhabitants, it will be necessary to double the current volumes of water dedicated to agriculture. Irrigation, which accounts for nearly 70% of removals and 90% of global consumption, is by far the most water-intensive sector.

Mr. Kenneth Lucianin is a government and community affairs professional with twenty years of diversified experience in community outreach programs, and municipal and state-level legislation. He is a United States Navy veteran stationed at the Pentagon. Preceding his time in the military Lucianin attended Bergen Community College and Rutgers University and pursued a degree in Public Affairs. Mr. Lucianin brings government and infrastructure experience in both the private and public sectors to Matrix.
Water and energy: today, nearly 1.2 billion people do not have access to electricity. The share of water withdrawals for energy production is currently estimated at 15% of total abstractions worldwide. In addition, while estimates project an increase in global energy consumption by 35% by 2035, water consumption by the energy sector is likely to increase by 85%, despite more efficient water resources.
Water and Urban Development: Over the next 20 years, the size of cities in developing countries will double, as will their demand for integrated approaches to managing water supply and quality, sanitation, water systems and water systems. drainage, recreational use, and flood management.
Water and Natural Disaster Risk Management: The impact of natural disasters on socio-economic development is largely attributable to water (a). Water-related hazards account for 90% of all natural disasters, while their frequency and intensity tend to increase. In 2010, according to the UN Secretariat, 373 natural disasters claimed more than 296,800 lives, affected nearly 208 million people and cost about $ 110 billion.
Water and sanitation: At least two and a half billion people still lack access to improved sanitation and 780 million people have safe drinking water. Sustainable provision of these services requires integrated management and planning, especially to secure a quality water supply.

Most economic sectors (agriculture, energy, industry, extractive activities, etc.) affect both the quantity and quality of water resources, which has the effect of reducing their availability. The distribution of these limited resources between competing economic sectors, combined with ecological needs, will become a growing issue for many countries. The lack of appropriate allocation mechanisms will constrain the development of countries, leading to greater income inequality and exacerbated environmental pressures.


Because of its ability to operate across different sectors and in many countries, the World Bank is in a unique position to help communities cope with climate change through integrated water resources management. The World Bank is one of the main providers of know-how and technical assistance in the field of water. It is the largest multilateral donor for this sector in developing countries, with investments in this area accounting for 18% of its overall portfolio in 2014 (ie $ 32 billion in outstanding commitments) and focuses on the goal of sharing prosperity and reducing poverty.

Sex Shop Online Vs Brick And Mortar Sex Shops

I don’t think about you in any case, my first involvement in a physical sex shop was not the most lovely. With a sales representative keeping a close eye on me, I felt no security at all. As this should be something fun and energizing to do with my beau, I can just say that the experience was not in any manner as exciting as we had trusted.

So all things being equal we chose to check whether setting off to a sex shop online would be more our style. Simply the way that we could sit together at the PC screen and take a gander at all that was accessible was certainly additionally satisfying. Simply fantasizing about utilizing either, or disclosing to each other how we would utilize this sex toy on each other, in all out security was a distinct turn on.

UK Sex Shop
One thing we saw, were the costs. The toys at the sex shops online were unbelievably lower. Indeed, even in the wake of considering the transportation costs the last price tag is much lower than the road shops. A portion of these sex toy shops online even had free sending in the event that you purchase for in excess of a specific foreordained measure of dollars.

When we had made sense of the sex toys that we needed to buy, we at that point had the opportunity to look around and locate the best costs. There are some awesome value examination apparatuses out there if glance around. Shopzilla and Google Product Search are a portion of my top pick. They permit hunting down a specific item and seeing the distinctive online sex shops that convey them and look at the costs. So getting the most ‘value for your money’ is without a doubt conceivable (play on words proposed!).

So everything considered, here are what we find are the upsides and downsides of each sex toy shop:

Purchasing from a sex shop on the web, will spare you cash on the off chance that you know how to shop and look at. You will likewise have a considerably more private shopping knowledge. We found that shopping from the solace of our love seat was fun, energizing and just prompted more sex talk and prodding.

UK Sex Shop
The cons notwithstanding, are that you can’t really contact and see the items. So to know whether the vibrator you need to purchase is sufficiently huge, or vibrates enough or just feels like what you need, isn’t conceivable when purchasing on the web unless the site has live visit. A few destinations will offer live find solutions to those inquiries that you may have.

For more information please click here :

Plastic Trays The Many Uses

plastic try

At the point when a considerable lot of us consider plastic plate, strangely, the principal thing that rings a bell is the plastic nourishment plate we as a whole utilized as a part of primary school cafeterias. Those plate with the different compartments, much the same as back when we were little children. When you consider it, however, those truly are not a terrible thought. The embellishment of the different compartments shields sustenance from spilling, they’re minimal effort for use in a high volume condition, and they’re about indestructible, substantially more so than utilizing china plates. Such plate is utilized as a part of numerous sustenance serving conditions, schools as well as in doctor’s facilities and nursing homes.

Plastic Trays

Fast food eateries dependably have a plastic plate for clients to convey their nourishment to their tables. They’re additionally generally utilized as a part of work environment cafeterias. Your server at your most loved eatery expedites things to your table a plate. Eateries and providing food organizations adore them in light of the fact that their polycarbonate development implies that when dropped, they don’t break into a million pieces, accordingly not bringing on any danger of damage.

The plastic plate is to a great degree though. They can be washed ordinarily in modern quality dishwashers without danger of harm. In spite of the fact that they are underestimated, for these reasons plastic plate are fundamental in the eatery business not only for the client but rather for the business itself.

It’s not only the sustenance business. Plastic shrink packing is utilized as a part of a wide cluster of organizations, for example, for sorting out and lodging gadgets; in the therapeutic business for pressing and sending in addition to association of restorative supplies like catheters and pacemakers; as pressing plate and compartments in the broadcast communications industry; for arranging parts and segments in-house for car creation; for bundling of toys parts and segments utilized as a part of electronic amusements; as preparing plate in-house amid the get together process in the PC business; for arranging parts and apparatuses in the secondary selling car industry and equipment and building supplies; for organizations that fabricate utilizing infusion shaping; and numerous different employments.

These are the 6 health benefits of spicy food


Are you such a type that prefers to submerge all foods in the sambal or other spicy sauces? The sensation of spicy food is a real addiction for some. It is a healthy addiction, because various studies have shown that spicy food, and in particular the capsaicin dust, is good for your well-being. Below are 6 benefits of spicy food leaded by Mumbai Square restaurant in London. Asian People love to eat Spicy food even if they live any part of the world. They always look for Spicy Food Locations. Mumbai Square is a best Indian Restaurant in Whitechapel London, which offers a lot for Asian people, especially for India.

You live longer

The New York Times wrote in 2015 about a study that proved that spicy food is linked to longer life. Researchers from the American Harvard analyzed a Chinese study in which no less than 485,000 Chinese were followed for seven years. People who used chili peppers (and other herbs) to flavor their food had a 10% lower risk of death. In people who ate 6 to 7 times a week or so, the percentage was even 14%. The connection between spicy food and longer life is even stronger than between alcohol and aging and is most likely caused by the dust capsaicin that is present in peppers.

Less illnesses

Harvard researchers who analyzed the Chinese study also found that spicy food has the following health benefits:

  • less chance of cancer
  • less risk of cardiovascular disease due to cholestoral-lowering character
  • less chance of respiratory diseases

Inhibits inflammation

The piece of capsaicin, which makes peppers so incredibly healthy, reduces inflammation and even fights them.

Helps against headaches

The miracle dust capsaicin has an analgesic effect. Especially in combination with caffeine is a weapon that is used against headache and emerging migraine. Secretly put a little chili pepper in the sugar bowl.


Capsaicin, there it is again, ensures that your metabolism gets a boost and your body burns food faster.

Reduces stress

Serotine is a feel good hormone that is fueled by spicy food. Are you in a dip? Huppakee, a pepper in the ass. Uhm, mouth.

What we regularly do to get the above fabrics in abundance is using hot sauces. Below you can see three examples of hot sauces that set your mouth on fire for a good 10 minutes. It hurts, but it works well addictive. And it’s good for your body!

The Sweets and Teeth Overall health


You must have recently been living an another globe if you do not yet know that special drinks, sweets and sweets of all descriptions, muffins, buns, ice-creams, candy-floss and similar fattening meals are bad for both kids teeth and your own. So it is not likely worth a lot of time and trouble striving to persuade you that stopping or rationing these two children is a good thing. You all know this already. Nevertheless doing something about it when confronted with kid’s stratagems is quite another matter. You cannot separate children entirely. You don,t stop children’s from sweets you to know how to prevent there teeth health visit here for  North Pointe Dental .

Image result for The Sweets and Teeth Overall health

What with sweets at supermarket check-outs, TV set sweet advertising, doting grandparents, and friends seemingly getting unlimited quantities of them, the substitution of carrots for Smartest is likely to be as welcome as extra groundwork. Nevertheless, sugar-free chewing gum, such as Orbit and Endear, can be used as substitutes for sugar-rich sweets. With care, nice rationing is possible. Just how you accomplish this is a subject for both you and your children – you know their strengths and weaknesses, but incentives often seem to be better than fines.

This is simply not only a subject that concerns children, however. There is also your own intake of desserts to consider. Self-discipline is the key. It may enable you to concentrate on the slimming potential of supplying up sugary foods and drinks, from a health and an attractiveness viewpoint. However, there are less evident (and less well-known) foods and drinks that likewise have bad tooth-decay results.

Most sugars break down with plaque to form acids in the jaws. Therefore any food or drink with sugar in it. If you read the labeling on many tinned or other grouped together products, you may well be surprised at the large numbers that may contain one sugar or another. This can be a first important point. There are numerous kinds of sugar, and labels often use their technical names. So if you did not know that fructose was a sugar, you might have thought that the fizzy drink you were ingesting was sugar-free. If you are a determined content label reader you should be looking for ‘glucose’, ‘sucrose’, ‘lactose’, ‘fructose’, and any longer word that have one of these four in it, such as “is-sucrose”.