Career Outlook and Job Vacancies for Investment Fund Managers (2024)

FAQs

What is the job outlook for investment fund manager? ›

Demand for Investment Fund Managers is expected to go up, with an expected 152,930 new jobs filled by 2029. This represents an annual increase of 2.60 percent over the next few years.

Salary and Job Outlook

The U.S. Bureau of Labor Statistics (BLS) projects that securities, commodities and financial services sales careers—which include investment bankers—will grow by 7% from 2022 to 2032. This projected growth is faster than the 3% growth projected for all occupations nationwide.

About 123,100 new jobs for portfolio managers are projected over the next decade. Portfolio manager salaries have increased 10% for portfolio managers in the last 5 years. There are over 16,071 portfolio managers currently employed in the United States. There are 43,192 active portfolio manager job openings in the US.

Specializing in investment management can offer significant earning potential, particularly if you're niching down to work exclusively with higher net worth clients. It's an opportunity to do work that you're truly passionate about while working with clients that fit your ideal client profile.

Job Outlook

Employment of financial managers is projected to grow 16 percent from 2022 to 2032, much faster than the average for all occupations. About 69,600 openings for financial managers are projected each year, on average, over the decade.

The field is also growing at a steady pace. The BLS projects employment for financial and investment analysts to grow by 8% from 2022 to 2032, which is faster than the average projected growth for all jobs. This amounts to about 29,000 new financial analyst jobs by 2032.

Investment banking is extremely competitive with way more applicants than available positions each year. You will often be up against students from Ivy League universities, with a high GPAs and multiple internships under their belts.

This career is often coveted because a successful investment banker can enjoy a high salary, abundant networking opportunities, and the ability to play a highly visible role in company success stories.

A manager who manages assets for a large money management institution is commonly referred to as a portfolio manager, while someone who manages smaller fund assets is typically called a fund manager.

Do you need a CFA to be a portfolio manager? ›

Though not required, most portfolio managers hold master's degrees in finance, business administration, economics or another numbers-oriented field. Working in portfolio management requires licensing by FINRA and often professional certifications like that of Chartered Financial Analyst.

Portfolio Manager salary in India ranges between ₹ 3.0 Lakhs to ₹ 35.1 Lakhs with an average annual salary of ₹ 12.3 Lakhs. Salary estimates are based on 3k latest salaries received from Portfolio Managers.

The job outlook in investment management

The U.S. Bureau of Labor Statistics (BLS) predicts a 17% increase in financial management roles within the investment management industry, which is faster than the average growth for all occupations.

Highest salary that a Investment Manager can earn is ₹35.0 Lakhs per year (₹2.9L per month). How does Investment Manager Salary in India change with experience? An Entry Level Investment Manager with less than three years of experience earns an average salary of ₹5.5 Lakhs per year.

According to the US Bureau of Labor Statistics (BLS), this sector employed 466,900 people in 2021 and is expected to grow by 10% between 2021 and 2031. Compared to all industries, this is a faster-than-average growth and means that the job outlook for investment brokers' services is encouraging.

Being a portfolio manager can be stressful, as it involves making decisions that can impact the financial performance of a portfolio and the clients it represents. Portfolio managers are responsible for monitoring market trends, analyzing investment opportunities, and making decisions to buy or sell securities.

Fund Manager salary in India ranges between ₹ 3.0 Lakhs to ₹ 93.0 Lakhs with an average annual salary of ₹ 27.6 Lakhs. Salary estimates are based on 286 latest salaries received from Fund Managers.

The Fund Manager manages a portfolio of equity funds and leads the launch of new funds. He/She tracks investment returns and reports quarterly performance. He/She also supports fund marketing activities and events. He/She monitors the implementation of new and existing funds.

Bottom line. While not everyone needs a financial advisor, many people would benefit from personalized advice to help them build a strong financial future. You don't need to have a lot of wealth to take advantage of a financial advisor.