What Is the Primary Responsibility of a Portfolio Manager

question 40

Multiple Choice

What is the primary responsibility of a portfolio manager?

• A)to oversee the financial investments within a portfolio
• B)to take care of the financial needs of a portfolio of clients, as a personal representative
• C)to make forecasts for a portfolio of economic and financial variables
• D)to buy and sell bonds

Grasp the concept of financial intermediaries and distinguish between different types of financial institutions.

Comprehend the principles of money, including its functions, demand, and the fractional reserve banking system.

Recognize the composition and functions of the money supply in the economy (M1, M2).

Identify the reasons and advantages of holding money and the impact of interest rates on money holding.

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Definitions:

Staff Management

The function of leading, organizing, and supervising employees to achieve organizational goals efficiently and effectively.

Indirect Responsibilities

Duties or obligations not directly tied to one's primary job function but essential for supporting broader organizational goals.

Value Creation

Value Creation involves processes or activities that increase the worth of a product or service, enhancing its value to consumers and leading to competitive advantage.

Shareholder Value

The financial worth delivered to shareholders of a corporation due to management's ability to increase earnings, dividends, and share price.