Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Portfolio Manager

What it is:

A portfolio manager is responsible for investing a fund's assets, overseeing investment strategy and carrying-out day-to-day trading.

How it works (Example):

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 it Matters:

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.

Related Terms View All
  • Auction Market
    Though most of the trading is done via computer, auction markets can also be operated via...
  • Best Execution
    Let's assume you place an order to buy 100 shares of Company XYZ stock. The current quote...
  • Book-Entry Savings Bond
    Savings bonds are bonds issued by the U.S. government at face values ranging from $50 to...
  • Break-Even Point
    The basic idea behind break-even point is to calculate the point at which revenues begin...
  • Calendar Year
    If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December...