Do you know the fund manager? A fund manager isan asset management specialist who manages money, assets from individuals orinstitutional investors, to the most efficient investment plan. Fund managersmainly work in investment advisory companies, trust banks. Through theirexpertise and know-how, they set up and operate the most efficient investmentplans to match the characteristics of assets under management. They also workto repay the profits to investors. Now I’ll talk about why the fund manager is aninteresting and promising job.The first reason is the expansion of thevirtual money market. Do you know Bitcoin or Cryptocurrency? The origin of word’Cryptocurrency’ is the addition of word ‘Crypto-‘ which means ‘encryption’ inIT industry and ‘currency’.
We can think that virtual money market is similarto stock market or foreign exchange market. As the virtual money market is anew market, so it has a high profit rate, but it also has a high risk. The needfor a competent fund manager who can reduce high risk and achieve high returnswill increase.Second reason is the rise of Big DataTechnology.
Recently, an artificial intelligence (AI) fund manager and assetmanager, Robo-Advisor, appear in Economic industry. It is already underexamination at the Financial Supervisory Service in Korea. If the use of’Robo-Advisor’ is expanded, the value of an excellent fund manager will riseaccordingly. In addition, qualified fund managers and computer engineers,physicist and engineers who can handle ‘Robo-Advisor’ will be able todemonstrate great capabilities in the economic market. In order to become an excellent fund manager,you must have abilities to understand economic and external variables such asexchange rates and prices. Also, you need analytical, forecasting, and decisionmaking ability to understand future market trends and operate assets well.
Also,to become a fund manager, you need knowledge of laws and regulations related tofinancial investment, various investment techniques, risk management, and stockanalysis methods. This knowledge must be studied professionally in the relevantdepartments of the university.As a result, it is advantageous to graduatefrom related departments of four-year colleges and universities such as businessadministration, economics, and statistics, and to complete on-site training inorder to become a fund manager. In recent years, there have been a lot ofstudents from science and engineering departments due to the rise of Big Dataand AI technology.Although you don’t want to be a fund manager, Ihope you will be interested in this field after reading my posts.