Steps to Become an Effective Global Investment Manager?

Answer 1

Global investment management is the process where professionals who have obtained the license to manage and provide services through various types of assets and securities. The goal of a global investment manager is to ensure that investors goals are met reduce investment risk and maximize returns. Quality investment managers cater to their clients by providing strategy, planning, execution and implementation of portfolio services. Successful global investment managers typically have the qualities that include: 1.) Consistent communication, 2.) Deep knowledge, and provides 3.) Alternative solutions.

Consistent Communication

Successful global investment managers are graded on how much business they bring into the firm. The managers who are bringing in the biggest book of business usually have a Type-A personality, are great communicators, and have outgoing personalities. Efficient global investment managers will ensure that they are constantly communicating with their clients about their portfolios, their investment goals and options. Provide quality service by following up with clients through email, phone and even snail mail.

Deep Knowledge

The manager who will not only get more referrals, but also will have happy clients is the global investment manager who has deep knowledge of the markets. Being able to research information and summarize it to the client will give you an upper hand. Clients want to be sure that you know what you are talking about. In the information age, a client has the ability to do much of the research themselves. Therefore, by not only being well informed, you can become more valuable to your client by providing information that the client doesn't already know. Additionally, as a global investment manager you will be able to quickly analyze and notice trends happening within the market.

Alternative Solutions

Successful global investment manager will not risk losing a clients portfolio. Therefore, it is always recommended to communicate, provide knowledge, and also give the client alternative solutions. As an investment manager, you should ensure the client has every opportunity to correct the course, selection different options, or even remove all of their money out of the market if things are not in their favor. The key to protecting a clients' money is by doing the right thing.