The term managed money connotes investments under professional management. Money managers are those investment professionals who are paid to deal with personal and institutional accounts. In other words, money managers is another name for investors or traders who deal in the daily management of investment capital. Normally, money that investment professionals manage is regulated by an organized government agency. For instance, the Securities and Exchange Commission (SEC) is a government agency that regulates the stock market exchanges. Overall, money managers are adminstrators as well as active participants in the markets investing other people's money.

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