Investment Fund Managers
SOC: 11-9199.03

Description:

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.


National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.


Alternate Titles:

  • Asset Manager
  • Assistant Vice President, Investment Analysis
  • Equity Analyst
  • Fixed Income Portfolio Manager
  • Hedge Fund Manager
  • Institutional Asset Manager
  • Investment Analyst
  • Investment Fund Manager
  • Investment Officer
  • Investments Manager
  • Lead Portfolio Manager
  • Mutual Fund Manager
  • Pension Fund Manager
  • Portfolio Manager
  • Risk Manager
  • Senior Investment Analyst
  • Senior Portfolio Manager
  • Vice President and Portfolio Manager
  • Vice President, Fixed Income


  • Job Zone Five: Extensive Preparation Needed

    Experience:

    Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

    Education:

    Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

    Job Training:

    Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.


    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Operations Analysis
  • Technology Design
  • Programming
  • Operation Monitoring
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

  • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Sales and Marketing
  • Customer and Personal Service
  • Personnel and Human Resources
  • Production and Processing
  • Computers and Electronics
  • Engineering and Technology
  • Mathematics
  • Psychology
  • Sociology and Anthropology
  • Geography
  • Medicine and Dentistry
  • Education and Training
  • English Language
  • History and Archeology
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media
  • Transportation


  • Tasks:

  • Prepare for and respond to regulatory inquiries.
  • Verify regulatory compliance of transaction reporting.
  • Hire or evaluate staff.
  • Direct activities of accounting or operations departments.
  • Develop, implement, or monitor security valuation policies.
  • Attend investment briefings or consult financial media to stay abreast of relevant investment markets.
  • Review offering documents or marketing materials to ensure regulatory compliance.
  • Perform or evaluate research, such as detailed company or industry analyses, to inform financial forecasting, decision making, or valuation.
  • Present investment information, such as product risks, fees, or fund performance statistics.
  • Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
  • Monitor regulatory or tax law changes to ensure fund compliance or to capitalize on development opportunities.
  • Meet with investors to determine investment goals or to discuss investment strategies.
  • Identify group or individual target investors for a specific fund.
  • Develop or direct development of offering documents or marketing materials.
  • Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies, or market potential.
  • Develop or implement fund investment policies or strategies.
  • Select or direct the execution of trades.
  • Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements.
  • Manage investment funds to maximize return on client investments.
  • Select specific investments or investment mixes for purchase by an investment fund.

  • Tools & Technology:

  • Desktop computers
  • Laptop computers
  • Multiline telephone systems
  • Personal computers
  • Teleconferencing equipment
  • Videoconferencing equipment
  • Autodesk AutoCAD Blue Sky
  • Financial accounting software
  • Microsoft Access
  • Microsoft Excel
  • Microsoft MapPoint
  • Microsoft Office software
  • Microsoft Outlook
  • Microsoft PowerPoint
  • Microsoft Project
  • Microsoft Visio
  • Microsoft Word
  • Oracle Hyperion software
  • Portfolio analysis software
  • ReadSoft software
  • Risk analysis software
  • SAP software
  • SAS software
  • Statistical analysis software
  • Structured query language SQL
  • SunGard Financial Systems AddVantage
  • Web browser software


  • management


    industry stats

    SOC: 11-0000

    Total Employed: 6,936,990

    Average Annual Salary: $115,020