Definition ∞ A Fund Manager is a professional responsible for overseeing and administering a collective investment scheme, such as a hedge fund, mutual fund, or cryptocurrency fund. Their primary role involves making investment decisions, executing trades, and managing the portfolio according to predefined financial strategies. This individual or team aims to generate returns for investors while managing associated risks.
Context ∞ The role of fund managers in the digital asset space is growing, with increasing numbers of institutions seeking exposure to cryptocurrencies. Debates often address the unique challenges fund managers face in this sector, including regulatory uncertainty, asset custody, and market liquidity. Their expertise is crucial for navigating the complexities of digital asset markets and attracting traditional investors.