Asset manager salary

Salary and Work for Asset Managers

Asset management is a profession that attracts many individuals due to its potential for high salaries and exciting job responsibilities. The average salary for an asset manager is an impressive 71 300 SEK per month. Men in the profession earn an average of 75 500 SEK, while specific salary data for women is currently unavailable.

What Does an Asset Manager Do?

As an asset manager, you work on managing and investing capital for individuals, companies, or institutions. This involves analyzing markets, making investment decisions, and seeking to maximize returns on investments. The profession can be divided into two main categories: traders and fund managers.

A trader is often involved in the buying and selling of financial instruments such as stocks, bonds, and currencies in the short term, while a fund manager handles investment funds and works on long-term strategies to increase the fund's value.

Development of Average Salary

The average salary for asset managers has significantly increased from last year when it was 71 500 SEK. The current average salary of 71 300 SEK represents a significant salary improvement, indicating a high demand and valuation of professional competence in this sector.

Highest and Lowest Salaries

The highest salary for an asset manager is 82,100 SEK and belongs to a man working as a private sector employee with a post-secondary education of three years or more. For women in the same profession, the highest salary is 70,700 SEK.

The lowest salary for an asset manager is 45,900 SEK and belongs to a woman working in the public sector with an unspecified level of education. The lowest salary for a man in the same profession is 74,600 SEK.

Education and Requirements

To become an asset manager, you usually need a post-secondary education in economics, finance, or related fields. A bachelor's degree is typically a minimum requirement, but many employers prefer candidates with a master's degree or higher. Certifications like CFA (Chartered Financial Analyst) can also be highly advantageous.

The profession requires strong analytical skills, good mathematical knowledge, and a deep understanding of financial markets. The ability to make quick and accurate decisions under pressure is also crucial.

Considerations if You Want to Work as an Asset Manager

It is important to be aware that the work pace can be high and stressful, especially for traders who often deal with short-term investments. Communication and networking are also central aspects of the profession, as you will often need to collaborate with other experts and clients.

Benefits such as paid training programs and access to advanced analytical software are common in the profession, which can help facilitate tasks and promote career development.