AgPa #62: 10 Questions to Ask Your Fund Manager
The 10 Most Important Questions to Ask in Selecting a Money Manager (1990)
Jack L. Treynor
Financial Analysts Journal 46(3), URL
Continuing with the challenge of asset manager selection, this week’s AGNOSTIC Paper again focuses on the important soft factors of money managers. Jack Treynor, the author of this week’s paper and one of the giants in finance research, presents a short and entertaining checklist “to ensure that the right questions are asked […]”.
- Does the money manager present his ideas smoothly and without hesitation?
- Is the money manager clear and confident about his ideas?
- Do his ideas have common-sense appeal?
- Are you comfortable with the money manager’s answers?
- Does the money manager exhibit detailed knowledge of a broad range of companies and industries?
- Does the money manager react decisively to new developments?
- Does the money manager have a large asset base?
- Does the money manager live baronially—with expensive clubs; houses and cars; and travel by the QE II, the Concorde, or the Orient Express?
- Are his offices impressive?
- Is the money manager impressively capitalized?