Portfolio managers evaluate and track finances, as well as advise management of their business' finances. A portfolio manager holds a high level of responsibility in a company, as they are the primary expert in dealing with company finances; as a result, a company must trust in the portfolio manager's competence with financial matters. The portfolio manager advises senior management on where unnecessary money is being spent, where it can be saved, and where it would be better spent. They also provide financial forecasts for their company. Another duty of a portfolio manager is leading investor meetings.
Portfolio Manager Tasks
Communicate with clients and administrators about their accounts, securities markets and economic trends.
Manage bond and equity portfolios to maximize investment returns commensurate with an acceptable level of risk.
Consult with clients to develop investment objectives, provides advice and guidance to customers.
Report on investment activity and performance.