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
  • Qualifying Relative
    For example, let's assume that John and Jane Doe took in Jane's mother because she ran...
  • Ultrafast Trading
    Ultrafast trading relies on software and algorithms that react to other trades in the...
  • Lease Payments
    Leases can be for a variety of assets, though real estate often comes to mind first. For...
  • Shadow Open Market Committee (SOMC)
    Founded by two economists from Carnegie Mellon University and the University of Rochester...
  • Managed Futures Account
    When you buy a managed futures account, in essence you're hiring an expert to buy, sell...