Summary 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.
Tools & Technology
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:
|Analytical or scientific software — Risk analysis software; SAS software; Statistical analysis software|
|Data base user interface and query software — Microsoft Access; Structured query language SQL|
|Electronic mail software — Microsoft Outlook|
|Financial analysis software — Portfolio analysis software; SunGard Financial Systems AddVantage|
|Spreadsheet software — Microsoft Excel|
Interest code: EC
|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.|
|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.|
|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.|
|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.|
|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.|
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 (2012)||$48.51 hourly, $100,890 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)|
State & National
Source: Bureau of Labor Statistics 2012 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.