What Do Portfolio Managers Do? (Hedge Funds & Asset Management)

Get all 9 of my Career Guides (plus my Goldman Sachs CV and Cover Letter) for £29.99 here: careerguides.io/plus
Get 20% off all Analyst Prep programs using the code ‘afzal20’ and these links:
CFA - analystprep.com/shop/cfa-leve...
FRM - analystprep.com/shop/unlimite...
In this video I cover a frequently asked question: what do portfolio managers do. I touch on everything from day-to-day work and responsibilities to who they work with and the hours they work. Thanks for passing by and enjoy the video!
TIMESTAMPS:
00:00 - Intro
01:02 - Hedge funds vs asset managers
01:34 - What is a portfolio?
02:23 - The no.1 role of a portfolio manager
03:52 - How portfolio managers are split up
04:57 - Qualifications
05:19 - Sponsor (Analyst Prep)
06:51 - Who do PMs work closely with?
07:56 - Years of experience
08:14 - Diversity
08:36 - Hours and work/life balance
09:11 - Typical route and key skills
09:40 - Compensation
🎵 I get my music here: www.epidemicsound.com/referra...
MY FREE ONLINE COURSES:
👨‍🏫 Asset Management Explained In-Depth - skl.sh/36oxLE7
👨‍🏫 Investment Banking Divisions Explained - skl.sh/2BLIKLE
👨‍🏫 Investment Banking & Consulting CV/Résumé - skl.sh/3eMerCG
👨‍🏫 Investment Banking & Consulting Cover Letter - skl.sh/3nDGOrb
📧 Business inquiries: [e-mail]
USEFUL LINKS:
📲 Simpley - simpley.io
💌 Newsletter - afzalhussein.substack.com
🎵 Music - www.epidemicsound.com/referra...
👨‍💼 About me - www.afzalhussein.com
👨‍⚕️ CV Doctor - www.officialcvdoctor.com
🚀 The Greatness Company - www.greatness.company
CONNECT WITH ME:
📸 Instagram - / afzal_hussein
🐦 Twitter - / afzal_hussein_
💼 LinkedIn - / afzalhussein
MY GOLDMAN SACHS CV AND COVER LETTER:
🏦 If you want access to the CV and cover letter (and more useful downloadable files) that I used to get my offer at Goldman Sachs visit www.officialcvdoctor.com.
DISCOUNTS & OFFERS:
💰 Get 25% off all Finance Edge online courses by using the code AFZAL25 at checkout here - fe.training
💰 Get 20% off Analyst Prep products using the code AFZAL20 and this link - analystprep.com/shop/cfa-leve...
ABOUT ME:
Hey! I'm Afzal Hussein. I make videos on banking and finance, careers, productivity and lifestyle. I'm also building Simpley (a marketplace for career advice), and I teach on Skillshare. Before all of this I started my career working at an investment bank called Goldman Sachs. Hit the various links above to find out more about me. Thanks for passing by!
#PortfolioManager #AssetManagement #HedgeFund

[@AfzalHussein]

Get all 9 of my Career Guides (plus my Goldman Sachs CV and Cover Letter) for £29.99 here: careerguides.io/plus

[@AnthonyBright-wr1ol]

Portfolio managers are responsible for analyzing financial data, monitoring market trends, and making investment decisions based on their analysis. They may also be responsible for selecting and managing individual investments, such as stocks, bonds, mutual funds, and other financial instruments....

[@TedLoren-qf9sx]

Portfolio managers are typically required to hold a bachelor's degree in finance, accounting, or a related field. Many also hold advanced degrees, such as a master's in business administration (MBA) or a Chartered Financial Analyst (CFA) designation

[@KalebHarrison-hz5cw]

A portfolio manager is a financial professional who manages investment portfolios on behalf of individuals or institutions. The primary role of a portfolio manager is to create and implement investment strategies that align with the goals and objectives of their clients.

[@lillymartin660]

does it cost much to have a good portfolio manager+ do you have a good recommendation .

[@TedLoren-qf9sx]

kevin scott werner, Google search him and have a meeting with him.

[@DavidBrooks-wm1ub]

kevin scott werner stories are everywhere, No doubt his service is very good.

[@user-md2zc6mq2m]

As a business owner one needs to aim at making profit in order to reach that financial freedom,the structure is well explained nice job

[@Emmanuelgray-mt7bx]

Absolutely because it will be very bad taking the risks and at the end running lost , everyone is out there to maximize interest

[@HelenGibbs-hs1re]

Well not only tight to businessmen so one is not misled with the information pending on your financial strength investment is open for the aim of profit making

[@Maryford-rg2gf]

A proper guidance should be, in fact, strongly advised because that was the good thing I actually thought of before jumping in. Thanks to Bianca Harley Doran

[@Kinggibbz]

@maryford it is really a good thing to always contact a professional I still need to sharpen up I will search the name, thanks 🙏

[@Maryford-rg2gf]

@kinggibbz information is power and such a benefiting information should be shared search the name it will go a long way helping to explain and trade Bianca Harley Doran

[@shaiquerahman2063]

Plz make a video on technical skills that the analysts and managers are required to know in an asset management firm and how are these skills expected to evolve with the development of data science and AI.

[@okeekpagha2126]

This would be so useful!

[@InMinecraftYOLO]

Data Science and AI would be Quants/Tech Analysts doing their own trading or feeding to PMs

[@DavisMiller-yh6bc]

To get monetary latitude, one has to be an investor to spawn a passive income that way you can be financially sturdy.

[@BaileyWright-cd6jz]

It's noteworthy to make an effort to convey an insight into investing, but the question about the best portfolio to invest in is paramount.

[@MartinRichardson-be6nu]

I have made a tremendous shift in my finances because my portfolio is being overseen adequately. Heretofore I lost a good amount of investments.

[@HarrisWalker-ob4ip]

In generating lofty returns regardless of market conditions Hedge funds seem to be the best but can one invest in both concurrently?

[@LilyBarnes-wk1io]

diversify investment portfolios, manage risk, and produce reliable returns over time, will need proper guidance.

[@JaneClarkson]

Investing in different things like option trading and other portfolios is the only way to save yourself from destitution

[@andrewsokulski8922]

Your explanations are clear and easy to understand. Thank you!!

[@agnelolobo5942]

Love the info you provide! Thanks guidance!

[@AfzalHussein]

👍🏽

[@accountsequity5587]

Thank you for making this video!

[@AfzalHussein]

👍🏽

[@amralhourani808]

Excellent explanation of what a portfolio manager is.

[@christophermonin2503]

Awesome video, keep making great content!! 👍🏼

[@AfzalHussein]

👊🏽

[@tatendanjagu8208]

Loving the quality 👍🏾

[@AfzalHussein]

👊🏽

[@ska90bi]

Wealth management career paths for economists would be nice, Afzal!

[@chrisbarkely5098]

Thànks fór thé review, gét tó Diana Lynn Serfass ón ónlinë for any form of finå'ncïål invést'mēnt.

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@oviecolejr]

Great Video, plan on getting into Asset management 👍🏼

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@EricMoore158]

To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly weekly or monthly basis. That's The key to being financially stable

[@RhondaLawson014]

I'm celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

[@VictoriaLisa959]

Assets that can make you rich *FX *Bitcoin *Stocks *Gold *Real estate

[@ThomasJeff066]

You're right but a lot of people remain poor due to ignorance

[@SteveDaniel152]

Not because of ignorance, it's because of the high rate of unprofessionalism in the crypto market

[@MikeHoward354]

Crypto is a whole different ball park. I would only invest funds in it that you are willing to lose or dont need. In terms of day trading crypto I don't keep an eye on anything at the moment except XRP. Wouldn't be right guy for day trading crypto

[@torreyjr.4228]

Great video! I’m actually looking to become a portfolio manager myself!

[@uznu5997]

Same bro I wish the best of luck to you.

[@khoowenglum2511]

Maybe like to hear about investing as a banker, like how do you invest your own personal savings and what are the challenges to buying stock etc. because of the compliance needed at Investment Banks. Keep up the cool vids !

[@NomadLovesUs]

You just need to declare your stock holdings and ensure there no conflict of interest

[@khoowenglum2511]

@@NomadLovesUs yea but what is the processes to declare and prove of no conflicts, and the alternatives to investing, does a GS employee get a GS portfolio manager if he wants to ?

[@letus5821]

the best notification I got today

[@AfzalHussein]

🙌🏽

[@datakristen8500]

Great video!! Wow. New subscriber 👍🏽👍🏽

[@AfzalHussein]

Thanks!

[@fidgetspinner343]

Cmon Afzal, I know they are a pain to make and edit. But dying to see that final EP8 Industry review. Just one to go.... Pretty please 🙂

[@KaraboMoremi]

Very good video sir

[@debasishchoudhury598]

Explained video on the differences between asset management and wealth management and the career path

[@AfzalHussein]

Get 20% off all Analyst Prep programs using the code ‘afzal20’ and these links: CFA - analystprep.com/shop/cfa-level-1-learn-practice-package/?ref=afzalhussein FRM - analystprep.com/shop/unlimited-package-for-frm-part-i-part-ii/?ref=afzalhussein

[@michael-io4hl]

Thanks for the video! Can I be a portfolio manager with a cmt certification alone?

[@Charlie0311]

Hey, I know that I want to work in some sort of financial sales. Is there a role or division I could work in at an investment bank that is sales? If not, what jobs are out there? Keep up the good work 👍

[@christopherhauser364]

*A portfolio's value and it's yield are simply math mastering this math and using this math within the smart goal frame will tell you exactly what kind of portfolio you have to build in other to build a well financed portfolio for retirement*

[@libbygray1]

I have secured financial freedom investing in bonds , equities and digital currencies .

[@Marie33gym]

I'm diversifying and recently I added Crypto to my portfolio because of the recent Dip in price

[@suzettemills5822]

من می خواستم بیشتر در Crypto سرمایه گذاری کنم اما خیلی بد درگیر Dip شدم بنابراین مجبور شدم تخلیه کنم English*I wanted to invest more in Crypto but I got caught up in the Dip so bad so I had to dump

[@christopherhauser3648]

@@suzettemills5822 that's why you need the help of a professional to trade on your behalf if you ever aim to earn income.These professionals understand the market like it's there own farm and generates maximum profit for investors

[@cullenalanna7523]

Microstrategist Saylor ☑️changed his furtune from 0 Btc to billions worth of Btc.

[@yizhenmao1052]

So, doing CFA is more suitable for being an asset manager, rather than any other division investment bankers like IBD , ST, Equity Research........etc.

[@wasswakeneth3675]

Helo Afzal i nedd a videoe on trust funds ,family office and how some one can set themm and be used ..thankx

[@yizhenmao1052]

please also issue a video about what does a PE associate do everyday ?

[@nancicicade8568]

Hi. thanks for your video. may i know what is the career path of a portfolio manager? i.e. how to become one.

[@minutescouldsaveyoupercentormo]

Is there a role for anyone that wants to work in a company like IB,PE or HF that finds and persuades clients to pitch in funds to multiply their money? And as well as be there in the meetings

[@zurebamulla7514]

Hello Kindly make detail video about Charted Portfolio Manager

[@PISTA-CODM]

Im in desperate need of advise. I’m really talented with analysing all sorts of markets and formulate strategic algorithms to accurately predict future movements. I would like to work for a hedge fund but I’m not sure where to start or which job to apply for. I’ve done a few projects developing market reading programs for clients which have been greatly helpful to their businesses. But I want to go a lot further than just contracting. Hopefully start my own hedge fund one day.

[@TheAmbam45]

Do you think it’s possible to get into this career without a degree?getting relevant certifications and experience?also where should one start experience wise?what low level roles lead to the role of portfolio manager?

[@shrutisonik9600]

Is a portfolio manager different from asset manager? Or these terms are used interchangeably?

[@ivanwong863]

What % of buy-side analysts do you reckon make it to PM?

[@tntg419]

Great Video! Should I consider a Master in Finance or a more technical/mathematical subject like statistics or quant finance for a role in asset management or hedge funds?

[@Charlie0311]

Definately a more technical/specific masters for hedge funds and asset managers, however a masters in finance would give you more opportunities. To be honest, both would be good 👍

[@chrisbarkely5098]

TRADING ON YOUR OWN CAN BE.. RISKY...GET TO DIANA LYNN SERFASS ......ON GOOGLE .... FOR CRYPTO INVESTMENTS,.....

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@yizhenmao1052]

Please issue a video about what a MA advisory does every day ?

[@yizhenmao1052]

Sell side IBD MA associate or a Lazard MA advisory does everyday ? Thank you

[@akinmadeadegun5039]

I’m interested in the world of portfolio management but I’m still an undergraduate starting my 2nd year.

[@mohitsabat2423]

Now Have you graduated dude???

[@FAHPlays]

I really enjoy your very well structured and informative videos even though I didn't go to uni so have no chance of ever getting any of these jobs.. at least I can imagine what it would be like :)

[@chrisbarkely5098]

Thànks fór thé review, gét tó Diana Lynn Serfass ón ónlinë for any form of finå'ncïål invést'mēnt.

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@zoe-mv6ji]

There’s opportunities for school leavers out there

[@cbboiii1100]

Can I become a portfolio manager analyst 1 just starting out or does that need experience as well?

[@petekelvin2736]

Nice content. I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability

[@petekelvin2736]

Invest globally in bitcoin, gold, silver, forex market, commodities. Just don't be left out and save yourself

[@micheal9186]

Beautifully said, I tell my folks these words everyday. It's good to save money but most people don't understand the market moves and tend to be misled in facts like this and always depend on money in the bank.

[@susanmandy8800]

Thanks for the insight I remember friends calling me crazy when I started investing in bitcoin now I shut them up with my 4 figure weekly return

[@investwithqueenie5491]

I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how and where to invest in these?

[@petekelvin2736]

@@investwithqueenie5491 Hey, this is a computer age. Peeps who aren't even traders make money from the crypto and forex markets ,how many millionaires do you know who have become wealthy by investing in savings accounts?

[@yashraj2270]

I'm a 16yr old, highly interested in the world of finance and investments. make a few videos on private equity and your future insights on wealth management.

[@chrisbarkely5098]

TRADING ON YOUR OWN CAN BE.. RISKY...GET TO DIANA LYNN SERFASS ......ON GOOGLE .... FOR CRYPTO INVESTMENTS,.....

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@conzack0230]

im studying in MIS so i can be portfolio manager?

[@vacehoulzz6322]

Is it usual to join a hedge fund after working for a renowned asset management firm for a few years?

[@vladtheimpaler3625]

I understand normally those wealth management firms charge you 1-2% but how much do I get in return? 3%? 4%? 5%?

[@emreucar3322]

Which industry the instructor is talking about?

[@chandugoud7934]

Hii bro is there will be any accounts subject in asset management courses... Please tell me this because I was little bit poor in accounts subject but I have interest in investment management.... Please answer to my doubt.... @afzal bro

[@ivinitmittal]

👍🏻

[@ahmedasaad8973]

- Skills needed to work in a quant hedge fund - How to land a job at a family office (and if it opens doors for you to go to bulge bracket in few years?)

[@chrisbarkely5098]

Thànks fór thé review, gét tó Diana Lynn Serfass ón ónlinë for any form of finå'ncïål invést'mēnt.

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@dimitrisg1374]

Aye here before 1000 views

[@RevanParker]

lol, vid started with Cake/USDT, what a way to start lol

[@shanreacts]

I need training and have startup ventures hire staffing where best locate Human Resources hires

[@zSkandal]

That's my job. PM in a family office head of prop trading👍

[@ebitdareadthebook1535]

Given that it's a family office, would all trading be proprietary??

[@zSkandal]

@@ebitdareadthebook1535 no because we have also a bank license and do some discretionary trading as well.

[@ebitdareadthebook1535]

@@zSkandal Gotcha

[@tilika7179]

Does Analyst Prep provide help for the Investment Management Certificate (IMC) exam? If not, what provider similar to Analyst Prep does so?

[@chrisbarkely5098]

TRADING ON YOUR OWN CAN BE.. RISKY...GET TO DIANA LYNN SERFASS ......ON GOOGLE .... FOR CRYPTO INVESTMENTS,.....

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@annajones9701]

Many portfolio manager jobs are dying off - AI and index funds beating many as unecessary high commission managers

[@meliodasking696]

I always say this but AI & Technology, as automated as they are, aren’t able to completely function independently and will always need to be utilised still by human. I think as people say jobs die off, new jobs come about - technology is a companion, not a competitor.

[@annajones9701]

@@meliodasking696 True. Jobs are leaving many standard portfolio manager and finance jobs into more quant and AI related roles

[@F4biDumbledore]

Hello Afzal, what is your opinion of the portfoliomanager as a long-term job? Do you estimate that in the upcoming 5-10 years the tasks of a portfoliomanager could be pointless in terms of digitalization? Is it still a promising job to aim for as a student or should we focus on other areas like IB/Consulting? Hope you find the time to answer my question - would be a pleasure to hear your opinion!

[@TalkGPTai]

👊👊🤞

[@agustinrajan8621]

Product Strategist (PS) of asset management companies are they portfolio managers? If not what do they do?

[@chrisbarkely5098]

TRADING ON YOUR OWN CAN BE.. RISKY...GET TO DIANA LYNN SERFASS ......ON GOOGLE .... FOR CRYPTO INVESTMENTS,.....

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@jinshuozhang3104]

500k base sounds too high. i know PMs who made 2mm+ but his base is just 200k ish

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@shanreacts]

Please explain

[@weizenconnoisseur]

For the Algorithmus

[@jatinsoni8731]

Jai shree ram love from India 🇮🇳🕉️

[@timothyandrews3443]

Despite the dip in crypto, I still thank you, for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio.Thanks so much Mrs Joan Birnie

[@harryrichards4226]

I’m surprised you know her, I’ve been making alot of profits investing with her for a few months now

[@kristydavis1897]

I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.

[@timothyandrews3443]

You can communicate her on telegram, with the username below

[@timothyandrews3443]

INVESTWITHBIRNIE

[@emreucar3322]

Too many advertisement in video.

[@AfzalHussein]

Sorry! Noted 👍🏽

[@emreucar3322]

Thanks a lot @@AfzalHussein !

[@AfzalHussein]

💪🏽👊🏽

[@danielgillis8404]

Most portfolio managers can't beat the SP500 and that's quite sad. But "The Sharp Ratio", in the last 20 years 95% hedge funds and funds underperformed the sp500, volatility means nothing if we talk about a big-time horizon. The sharp ratio is a loser metric created to justify underperformance. So yeah if you want to work on one of these, the job is literally getting clients money to get that sweet juice from the fees.

[@Akki420ish]

Lmao these crypto bots in the comment section are getting out of control

[@jemyshukla1177]

people who cant do, teach.

[@NomadLovesUs]

First

[@hakster3048]

Why do you have to involve gender and race??

[@phaleena9498]

It’s literally just a statistical fact.

[@johncharles3907]

wow whats wrong with being white and male O.o

[@chrisbarkely5098]

Make a short note to +1==4==0==4==9==0==8==0====2==2==6 on w*h*a*t*s*a*p**.

[@phaleena9498]

It’s just a statistical FACT that most portfolio managers are men and the men are mostly white. He didn’t say anything bad about being white and male..

[@monicadaniels5163]

Investing in crypto is a more lucrative way of making money

[@user-hq6pf9uh2o]

Absolutely right , I got 70% of my total portfolio in crypto and I have been making good profits

[@gregoryphil6476]

I wanted to trade crypto but got confused by the fluctuations in price

[@financialturmoilexplained2511]

That won't bother you if you trade with a professional like Mr Wooden

[@victorakabuogu7556]

I heard that his strategies are really good

[@coincentral3946]

Yeah My first Investment with Mr wooden made me profits of over $24,320 US dollars and ever since then he has Been delivering

[@hector675ccC]

You've lost my respect when and given how you talked about diversity. I've worked in multiple banks in Switzerland. They just take the best candidates who are motivated to work in this business. They only care about results, even you said it. No "effort" from those companies needed, or even possible.

[@AfzalHussein]

Hey! I appreciate your comment and stance. Feel free to look into hidden biases and institutional racism. Often times the playing field isn't even and so there's simply a lack of opportunity from the outset for individuals from minority groups.

[@hector675ccC]

@@AfzalHussein Sorry to say this because I can tell you are honest and well-intended, but I know those ideas and despise them. I'm 37, from Madagascar, and I've never faced any type of discrimination in a professional setting that stopped me from going forward (or up). It's all a matter of good presentation, how you express yourself, behave, and what level of confidence you project. Focusing on unproductive ego-triggering false issues like diversity, inclusivity, and so on is in my opinion really not the smart way to approach things.

[@eddierussel5911]

I need your advice bro How do I get into investment management ? Do I really need to have a bachelor or master degree Sir? Is there any other way to become an investment manager? Any courses?