Presentation on theme: "Portfolio Manager What is a portfolio manager? A portfolio manager is a person responsible for investing a mutual, exchange-traded or closed-end fund's."— Presentation transcript:
Portfolio Manager What is a portfolio manager? A portfolio manager is a person responsible for investing a mutual, exchange-traded or closed-end fund's assets, implementing its investment strategy and managing the day-to-day portfolio trading. By: Blake Brandon
What is this career exactly? Portfolio managers are some of the most important factors to consider when looking at fund investing. Private manager- will probably be dealing with private investors rather than institutions such as: insurance companies, pension funds, and corporations. Corporate manager- will probably be dealing with more institutions such as those above and sot so much with private investors.
Educational Needs Must have at least a bachelor’s degree in finance or economics. Must have taken courses in bond valuations, capital markets and interest rates. Or, courses in financial statement analysis, equity strategies, portfolio management, international economics and trade, and computer research.
Need Experience Many portfolio managers have masters in business administration, also having a concentration in finance or economics. Most who are looking into this career must also have the (CFA), Charter Financial Analyst designation. (CFA)- is a self-study program run by a (CFA) institute that will take about three years or so to complete.
Need Experience Many portfolio managers start out on a team of research analysts, analyzing certain segments of a given industry. In this job, the analyst will research individual companies, and then write industry reports for portfolio managers to read and consider. Analysts can move on to writing research reports on individual companies.
More Experience These reports will be used to decide whether to buy a company's stock or bonds, but first they need the experience. Finally, they will be able to move on to work on a portfolio management team.
Why? Salary::: Benefit Median Amount % of Total Base Salary $107,105 = 65.5% Bonuses $13,001 = 7.9% Social Security$8,066 = 4.9% 401k / 403b$7,447 = 4.6% Disability$1,922 = 1.2% Healthcare$5,328 = 3.3% Pension $5,044 = 3.1% Time Off $15,706= 9.6% Total $163,618= 100%
This job interacts with aspects in school that I believe I am good at. My parents are involved with jobs that deal with stuff related to this job or they work with people who have this job. I feel that this is a good job and I feel that it fits who I am
Major Companies Some major companies are the following: Neuberger Berman T.Rowe Price Invesco Fidelity John Hancock Financial Industries These are some very productive businesses with successful portfolio management parts of the business.