Career Path for Quant in Risk Modeling?

Hi,

I'm now working as a quant in risk modeling team of a top tier HF (Not a quant fund). Main responsibilities are modeling and analyzing the risk for entire fund incl equity/distress bond/MBS. All models we use are developed in house from scratch.

My career goal is to become a portfolio manager. Is that feasible or typical for people with similar background (CS BS/MS)? Do I need CFA/MBA to make the transit?

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