What is a Portfolio Manager?
A portfolio manager is responsible for investing a fund's assets, overseeing investment strategy and carrying-out day-to-day trading.
How Does a Portfolio Manager Work?
A portfolio manager manages mutual funds and other investment funds, such as hedge or venture funds. He or she is usually an experienced investor, broker, fund manager, or trader with general industry knowledge and a track record of results. Portfolio managers often have a specific investment approach, such as a focus on active or passive investments.
Why Does a Portfolio Manager Matter?
An investor should consider the background, style and track record of the portfolio manager when examining a fund as an investment vehicle. Funds will often highlight the portfolio manager as a key marketing advantage for attracting investors.
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