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The government should also expand the personal account system to every worker, urban or rural, and make it genuinely funded, portable, regulated by the government and managed by private and professional fund managers.
Even professional fund managers find it hard to buy at the bottom.
Only later were indices used to measure the performance of professional fund managers.
So it is hardly surprising that investors turn to professional fund managers for help.
Professional fund managers occupy an intermediary position between managers and investors.
This money, says one American investment banker, "lacks the jaundiced eye of professional fund managers".
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Mr. King, a professional fund-raiser and father of two Lowell students, donates his expertise.
There was a golf tournament, and a professional fund-raiser from the area offered guidance.
For example, few of Europe's impoverished universities employ professional fund-raisers.
The group will be meeting with professional fund-raisers in the coming weeks.
Instead, most states have taken smaller steps, like requiring professional fund-raisers to register and file financial reports.
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