portfolio manager

Definition

An individual who controls the assets of a mutual fund. The portfolio manager chooses and monitors appropriate investments and allocates funds accordingly.

Use portfolio manager in a sentence

My friend Ms. Paula told me to make sure that I avoided Terry as my portfolio manager at Merrel Lynch because he caused her to loose a bunch of money.

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James was fired from his position as a portfolio manager after clients experienced unreasonable losses due to his aggressive risk taking with their investments.

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The portfolio manager of Hudson's mutual fund was well-regarded in the industry and he was considered to be aggressive without being reckless in managing accounts.

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Chartered Financial Analyst CFA