1. Introduction 1.1 Purpose The purpose of this report is to discuss about why in the last financial year, managed funds had been able to gain their best returns in the last seven years after some losses in the previous financial years. This discussion, will then lead into analysis about the impact of this issue on the financial institutions, instruments, and markets; and also analysis about the prediction of future developments of managed funds. 1.2 Background Managed fund …showed first 75 words of 2205 total…

…showed last 75 words of 2205 total…years, it is believed that investors will still better off by investing in managed funds rather than directly to the stock market because finding good stocks is not an easy task for an individual (Searle, 2004). Thus, as long as managed funds industry can manage their investment strategy properly and gain a good profit, investors will still invest in them. With this, hopefully, managed funds industry will grow and support the economic system as a whole.