- Used in the context of general equities. Professional responsible for the securities portfolio of an individual or institutional investor ( institutional investors), such as a mutual fund, pension fund, profit-sharing plan, bank trust department, or insurance company. In return for a fee, the manager has the fiduciary responsibility to manage the assets prudently and choose which asset types are most appropriate over time. Related: investment manager. Bloomberg Financial Dictionary
* * *portfolio manager portfolio manager ➔ manager
* * *A designated advisor, who manages a portfolio of investments on behalf of an investor. Often the manager has full authority to take decisions, known as acting on a discretionary basis.
* * *portfolio manager UK US noun [C]► FINANCE, STOCK MARKET someone whose job is to manage collections of investments that are owned by other people and organizations: »
The portfolio manager has been asked to look for securities that have a good dividend yield.
Financial and business terms. 2012.
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