What is the role of a hedge fund manager?

The role of a hedge fund manager is to make investment decisions on behalf of the hedge fund and its investors. They are responsible for developing and executing the investment strategy, conducting market research and analysis, and managing the portfolio of investments. The hedge fund manager is also responsible for managing the daytoday operations of the fund, including risk management, compliance, and reporting to investors. The hedge fund manager is typically compensated through a combination of management fees and performance fees, which are based on the performance of the fund.