yuoska

justin88 Wrote:
-------------------------------------------------------
> Weird, a portfolio manager's role is not really to
> "grow the business", other than organically via
> good performance in their primary duties.
>
> (The portfolio manager's main duty is to define an
> investment strategy, to manage
> analysts/researchers and traders in implementing
> that strategy, and to take intelligent risks and
> execute them efficiently -- maximizing return and
> minimizing variance for a given risk appetite.)
>
> Growing the business, i.e. raising
> capital/increasing AUM, is largely the role of
> Investor Relations.
>
> Are you sure this job is in asset management?

What Justin88 said. This job may have the title of trainee portfolio manager, but the way you just described it - and based on the interview format - this PM is looking for a marketing person.

Maybe by "grow the business" he means looking for new opportunities for funds? I.e. this is a smid-cap fund, and you come back to him with the idea for a smid-cap international fund? I dunno, can you show us the posting or part of the posting that was advertised?

------------------------------------------------------------------
Every body do not forget I can clear describe my case ; I am not crazy ! I talk the truth only.
-qqqbee