an introduction to fund management introduces readers to the economic rationale for the existence of funds, the different types available, investment strategies and many other related issues from the perspective of the investment manager. it gives an overview of the whole business and explores the process and techniques of fund management, performance measurement and fund administration. it was originally designed as a companion to the 2-day course that ray gives at the sii but designed to provide more information about the history, development and different practices around the world of various types of fund. the book will be updated to include new regulatory changes and industry developments.