Investment Fund Managers

Moderate Risk
54%
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Vote Comments (5)
Or, Explore This Profession in Greater Detail...
AUTOMATION RISK
CALCULATED
62%
(High Risk)
POLLING
45%
(Moderate Risk)
Average: 54%
LABOR DEMAND *
GROWTH
16.5%
by year 2033
WAGES
$156,100
or $75.04 per hour
Volume
787,340
as of 2023

Employment data isn't available specifically for this occupation from the Bureau of Labor Statistics, so we are using the data from Financial Managers.

SUMMARY
JOB SCORE
7.0/10

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Calculated automation risk

62% (High Risk)

High Risk (61-80%): Jobs in this category face a significant threat from automation, as many of their tasks can be easily automated using current or near-future technologies.

More information on what this score is, and how it is calculated is available here.

Some quite important qualities of the job are difficult to automate:

  • Originality

  • Persuasion

  • Negotiation

  • Social Perceptiveness

User poll

45% chance of full automation within the next two decades

Our visitors have voted they are unsure if this occupation will be automated. However, the automation risk level we have generated suggests a much higher chance of automation: 62% chance of automation.

What do you think the risk of automation is?

What is the likelihood that Investment Fund Managers will be replaced by robots or artificial intelligence within the next 20 years?






Sentiment

The following graph is included wherever there is a substantial amount of votes to render meaningful data. These visual representations display user poll results over time, providing a significant indication of sentiment trends.

Sentiment over time (yearly)

Growth

Very fast growth relative to other professions

The number of 'Financial Managers' job openings is expected to rise 16.5% by 2033

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2024.

Wages

Very high paid relative to other professions

In 2023, the median annual wage for 'Financial Managers' was $156,100, or $75 per hour

'Financial Managers' were paid 224.8% higher than the national median wage, which stood at $48,060

* Data from the Bureau of Labor Statistics

Volume

Significantly greater range of job opportunities compared to other professions

As of 2023 there were 787,340 people employed as 'Financial Managers' within the United States.

This represents around 0.5% of the employed workforce across the country

Put another way, around 1 in 192 people are employed as 'Financial Managers'.

Job description

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

SOC Code: 11-3031.03

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Comments

Aniket (Low) 6 months ago
How can a company trust a robot with that huge amount of money
1 0 Reply
Anon (Low) 1 year ago
Accountability and subsequently trust is something AI won't be able to provide.
Medium & Long term investment horizons = more volatility and uncertainty, market becomes non-optimal; hard to model.

AI could be used to optimize & speed up workflows for PMs.
1 0 Reply
chirag (Low) 1 year ago
i dont think so AI can replace such jobs where it requires experience as when,where,what,how much to invest
1 0 Reply
MEME (Highly likely) 1 year ago
Given that the numerous variables that lead to successful and profitable investing, a self learning automation that never shows up late, never sick, never demands a raise or a vacation, willing to work 24/7, able to consider complex situations, can calculate probabilities instantly and accurately, and communicate electronically , etc., an AI takeover of investment jobs seems inevitable.
0 1 Reply
Luis (Uncertain) 2 years ago
Part of it depends on optimization models which can be done by robots
0 0 Reply

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