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Investing Glossary:
Portfolio manager
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| Used in the context of general equities. Professional responsible for the securities Portfolio of an individual or institutional investor, 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.
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