A move from mutual fund PM to private bank PM
I'm working for an established local mutual fund in Asia as a portfolio manager investing directly in equities. I was recently approached by a global private bank in my country for a portfolio manger role. I would like to know what is the main difference between a PM at a mutual fund and a PM at a private bank. Is this move a step backward? From what i've gathered on this forum is that private bankers look to move into mutual fund roles.
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