Portfolio Manager The person or persons responsible for investing a mutual, exchange-traded or closed-end fund's assets, implementing its investment strategy and managing the day-to-day portfolio trading. Investopedia Says: The portfolio manager is one of the most important factors to consider when looking at fund investing. Portfolio management can be active or passive (index tracking). Historical performance records indicate that only a minority of active fund managers beat the market indexes. Related Terms: Approved List Expense Ratio Gunslinger Information Ratio Mutual Fund Mutual Fund Subadvisor Performance-Based Compensation Portfolio Portfolio Management Window Dressing |