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
  • Legal Fees
    dfgdf
  • Belly Up
    Let’s assume Company XYZ’s stock falls from $10 per share to 50 cents per share due to a...
  • In Play
    Let's say Company XYZ has a ton of cash on its balance sheet, and activist investors have...
  • Wallpaper
    Once a security becomes worthless, its hard documentation (for example, its stock...
  • Run
    It’s important to remember one thing about banks: They don’t keep your money in cash in a...