Details Report for:
11-9199.03 - Investment Fund Managers
Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.
This title represents an occupation for which data collection is currently underway.
- Manage investment funds to maximize return on client investments.
- Select specific investments or investment mixes for purchase by an investment fund.
- Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements.
- Select or direct the execution of trades.
- Develop or implement fund investment policies or strategies.
- Develop or direct development of offering documents or marketing materials.
- Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies, or market potential.
- Identify group or individual target investors for a specific fund.
- Meet with investors to determine investment goals or to discuss investment strategies.
- Monitor regulatory or tax law changes to ensure fund compliance or to capitalize on development opportunities.
- Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
- Present investment information, such as product risks, fees, or fund performance statistics.
- Perform or evaluate research, such as detailed company or industry analyses, to inform financial forecasting, decision making, or valuation.
- Review offering documents or marketing materials to ensure regulatory compliance.
- Attend investment briefings or consult financial media to stay abreast of relevant investment markets.
- Develop, implement, or monitor security valuation policies.
- Direct activities of accounting or operations departments.
- Hire or evaluate staff.
- Prepare for and respond to regulatory inquiries.
- Verify regulatory compliance of transaction reporting.
Tools used in this occupation:
|Notebook computers — Laptop computers|
|Special purpose telephones — Multiline telephone systems|
|Teleconference equipment — Teleconferencing equipment|
|Videoconferencing systems — Videoconferencing equipment|
Technology used in this occupation:
|Accounting software — Financial accounting software|
|Analytical or scientific software — Risk analysis software; SAS software; Statistical analysis software|
|Charting software — Microsoft Office Visio|
|Computer aided design CAD software — Autodesk AutoCAD Blue Sky|
|Data base user interface and query software — Microsoft Access; Structured query language SQL|
|Document management software — ReadSoft software|
|Electronic mail software — Microsoft Outlook|
|Enterprise resource planning ERP software — SAP software|
|Financial analysis software — Portfolio analysis software; SunGard Financial Systems AddVantage|
|Internet browser software — Web browser software|
|Map creation software — Microsoft MapPoint|
|Presentation software — Microsoft PowerPoint|
|Spreadsheet software — Microsoft Excel|
|Word processing software — Microsoft Word|
|100||Enterprising — Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.|
|61||Conventional — Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.|
|28||Social — Social occupations frequently involve working with, communicating with, and teaching people. These occupations often involve helping or providing service to others.|
|11||Investigative — Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.|
|0||Artistic — Artistic occupations frequently involve working with forms, designs and patterns. They often require self-expression and the work can be done without following a clear set of rules.|
|0||Realistic — Realistic occupations frequently involve work activities that include practical, hands-on problems and solutions. They often deal with plants, animals, and real-world materials like wood, tools, and machinery. Many of the occupations require working outside, and do not involve a lot of paperwork or working closely with others.|
|83||Achievement — Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.|
|78||Recognition — Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.|
|72||Independence — Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.|
|72||Working Conditions — Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.|
|67||Relationships — Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.|
|56||Support — Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.|
Wages & Employment Trends
Median wages data collected from Managers, All Other.
Employment data collected from Managers, All Other.
Industry data collected from Managers, All Other.
|Median wages (2013)||$49.78 hourly, $103,530 annual|
|Employment (2012)||898,000 employees|
|Projected growth (2012-2022)||Slower than average (3% to 7%)|
|Projected job openings (2012-2022)||249,100|
|Top industries (2012)||
Self-Employed (59% employed in this sector)
Source: Bureau of Labor Statistics 2013 wage data and 2012-2022 employment projections . "Projected growth" represents the estimated change in total employment over the projections period (2012-2022). "Projected job openings" represent openings due to growth and replacement.