Portfolio managers are responsible for making investment decisions regarding the assets in an investment portfolio. There may be an individual manager or a team of managers for a portfolio.
Portfolio Manager
Also called: Fund manager or manager
What is a portfolio manager?
Portfolio managers make investment decisions to meet the goals of their clients. In the case of portfolio managers who manage fund investments, their clients are their investors. Each portfolio manager will adopt an investment strategy to meet those goals. A portfolio manager who uses a passive management strategy will typically replicate a section of a market by designing their portfolio to match an index. Portfolio managers who use active strategies will carefully research and time the entrance and exit of each position in the portfolio to beat market returns.