Asset Management Mini-Guide


Usually found within an investment bank, but independent asset management firms also exist.


Asset management looks after its clients’ money and securities by offering investment services together with a range of traditional and alternative products which are not always offered to the every day investor. It involves managing money by investing it in a range of ‘asset classes’ which include equities, shares and bonds. One of the main benefits of Asset Managers is that they have a larger pool of resources to invest with more diversification than any individual, therefore offering potential for greater returns on their investment. Asset management is the more common term in the UK and investment management is used more globally.


What skills and qualifications will I need?


·         A curious nature and analytical mind – you will be researching companies and assessing their prospects to see which ones will perform best.


·         Good communication skills - your objective is to provide good investment advice for your clients and build relationships both on the phone and face to face.


·         You will need to be numerate and commercially aware – able to balance things such as costs, opportunities and risks over different time frames.


·         You will also be assertive, confident, organised and have a good eye for detail.


A degree in business, finance, economics or accounting will put you ahead of the competition – as will any work experience you have gained.


What else do I need to know?


There is a large amount of report writing, meeting management and contributing ideas and suggestions for portfolios.


Top Tips


·         Apply for Insight Days during your first year at university, summer internships for your second year and graduate schemes in your third.


·         Research a variety of companies – when you apply, tell them why they’re different to their competitors and why you have chosen them.


·         The industry is formal and you’ll need to plan long term to work your way up. Be enthusiastic and find ways to do more and go the extra mile.


Where can I get more information?


You can study for professional qualifications – IMC (Investment Management Certificate) and the CFA (Chartered Financial Analyst). The CFA Institute has information here


The Institute of Asset Management – - is the professional body for the industry. Find out useful information about the industry, career and professional development on their website.