LicenseCompare

Career path

Asset manager or portfolio manager career path

A route map for people aiming at discretionary portfolio management, fund management, private funds, REITs, or managed account roles.

Typical roles

  • - Portfolio manager
  • - Fund manager
  • - Responsible officer
  • - Responsible manager
  • - Investment committee member

Where licensing appears

  • - Asset management permission
  • - Responsible officer or key person evidence
  • - Investment process and risk controls
  • - Custody and valuation

Exam or qualification starting points

  • - HK: Type 9 LE map
  • - SG: CMFAS fund management route
  • - UK: investment management qualification/competence analysis
  • - US: adviser registration and IAR/state analysis
  • - AUS: AFSL responsible manager and adviser standards where retail advice is involved

Practical first steps

  1. 1. Build investment-process evidence before focusing only on exam papers.
  2. 2. Understand custody, valuation, conflicts, personal dealing, and client reporting.
  3. 3. Check whether the role is decision-making, research, advice, dealing, or supervision.

Knowledge to build

Disclaimer

Information on LicenseCompare is for general educational purposes only and does not constitute legal, regulatory, financial, tax, investment, or professional advice. Licensing requirements depend on facts and change over time. Always consult official regulator materials and qualified professional advisers.