Mutual Fund Portfolio Managers

Portfolio Managers Review Stocks in their Mutual Fund

Mutual funds are investment pools of common stocks, bonds, cash, or a combination of all three. They are sold to the public through the sale of shares representing an ownership interest. Portfolio managers oversee mutual funds using active or passive management strategies, with an overall goal of earning strong returns for investors and profits for their employer. Retail investors (i.e., households) held 89 percent of the nearly $16 trillion mutual fund assets in the U.S. at the end of 2015. Institutional investors (i.e., financial institutions, nonprofit organizations, and nonfinancial businesses) held 11 percent of assets. Portfolio managers are also known as fund managers and investment managers.

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Quick Facts
Alternate Title(s) Fund Managers, Investment Managers
Duties Oversee mutual funds and work to attract new investors
Salary Range $50,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) Opportunities are best in large cities
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience At least 10 years experience and proven performance record
Personality Traits
  • Enterprising
  • Hands On
  • Outgoing
  • Financial
  • Interpersonal
  • Research
Certification or Licensing Required
Special Requirements None
Employment Prospects Good
Advancement Prospects Good
Outlook Much Faster than the Average
Career Ladder
  • Mutual Fund Company Owner
  • Senior Portfolio Manager
  • Portfolio Manager
  • Research Analyst

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