Job Description- Asset Management (Portfolio managers)

[agk99]

Asset Management

Portfolio managers hold stocks, bonds, and other assets (real estate, derivatives, etc.) for institutional and individual clients. Because they are the end consumer of investments and research, they are referred to as the "Buy Side" of Wall Street. Depending on the size and composition of the assets under management, portfolio managers use strategies ranging from strictly quantitative, to passive (indexing), to active management.

MBAs enter the Investment Management industry as an analyst researching individual sectors or industries. Alternately, the MBA could be asked to focus on particular asset classes. As a research analyst, the MBA makes recommendations to his or her portfolio managers as to which securities are appropriate investments in a given industry or asset class. Successful research analysts will earn portfolio management responsibility.

agk99補充:其實Asset Management, portfolio manager, fund manager都是資產管理的一環，只是資淺的做單一的，風險低的，如bond fund, 資深的就是hedge fund，或是管理整套投資組合。