Portfolio Manager


DEFINITION of 'Portfolio Manager'

The person or persons 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.

BREAKING DOWN 'Portfolio Manager'

The portfolio manager is one of the most important factors to consider when looking at fund investing. Portfolio management can be active or passive (index tracking). Historical performance records indicate that only a minority of active fund managers beat the market indexes.

  1. Investment Manager

    A person or organization that makes investments in portfolios ...
  2. Up-Market Capture Ratio

    A statistical measure of an investment manager's overall performance ...
  3. Batting Average

    A statistical measure used to measure an investment manager's ...
  4. Information Ratio - IR

    A ratio of portfolio returns above the returns of a benchmark ...
  5. Gunslinger

    A slang term for an aggressive portfolio manager who uses high-risk ...
  6. Expense Ratio

    A measure of what it costs an investment company to operate a ...
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  1. What do hedge fund analysts do?

    A hedge fund analyst primarily provides support to a portfolio manager on how to best structure the hedge fund's investment ... Read Full Answer >>
  2. When might an analyst take an overweight position in a particular stock?

    An analyst may take an overweight position in a stock when he has a high degree of conviction that the stock will outperform. ... Read Full Answer >>
  3. What should you take into consideration when choosing a portfolio management service?

    Hiring a portfolio management service or a portfolio manager should be a logical decision based on topics of consideration ... Read Full Answer >>
  4. What questions are commonly asked during a portfolio management job interview?

    A portfolio manager is a person who is responsible for making investment decisions using money that other investors place ... Read Full Answer >>
  5. Has the Efficient Market Hypothesis been proven correct or incorrect?

    There is evidence to support the reasoning behind the efficient market hypothesis, but the basic conclusion drawn from the ... Read Full Answer >>
  6. How liquid are Vanguard mutual funds?

    The Vanguard mutual fund family is one of the largest and most well-recognized fund family in the financial industry. Its ... Read Full Answer >>

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