How to become a Fund Manager
Manages the investment of funds at investment trust companies, investment advisory firms, institutional investors and other asset managers.
Main tasks
- Checking share prices, share-related information and financial market information
- Checking the latest daily news on politics, the economy and society in Japan and overseas
- Attending meetings at different levels in the company to understand its investment policy
- Setting the investment policy for each fund based on the company's policy
- Holding investment team meetings and choosing investments based on market and stock analysis
- Checking the state of the fund's portfolio and revising it as needed
- Visiting companies to get first-hand information and to make suggestions and give advice, as two-way communication
- Analysing the company information gathered on visits
- Explaining fund performance to investors (clients), for example by writing and sending performance reports for each fund
- Launching new funds
- Simulating a fund's future income and spending
- Calculating the cost-effectiveness of investments
- Reporting fund performance to senior management
- Supporting the company's asset liability management (ALM)
Workers in this job say university is common. From job tag's survey of people in each job, who could give several answers. It shows what workers see as common, not how many workers hold each level.
How to become one
No particular education or qualification is required for this job, but in practice many fund managers graduated from economics or commerce faculties, and science students are also hired. If you want to be a fund manager, the main employers are independent asset managers such as investment trust companies and investment advisory firms, trust banks and insurance companies. Asset managers rarely recruit new graduates directly as fund managers; people usually start as an analyst's assistant, become analysts and then move into fund management. Foreign-owned asset managers in particular hire almost no new graduates and usually hire mid-career people with a strong record at Japanese asset managers. It is said to take about two years to reach the level of designing your own fund with reference to existing funds and managing it largely on your own; this level is called junior fund manager. Fund managers who have their own funds and take full responsibility, right up to explaining them to clients and winning their business, are called senior fund managers. Reaching senior level takes more than 10 years of experience, and most fund managers are aged from their mid-30s to their 40s. It is a specialist job that can be done the same way at another firm, so there is a lot of potential for changing jobs. Job changes are most common at junior level, motivated by higher pay or more authority, or by differences in firms' investment policies and styles. A related qualification is the private Chartered Member of the Securities Analysts Association of Japan (CMA), which almost all fund managers hold. It is effectively essential, and it is best to gain it while still a junior employee. Investment sense comes first, but research and analytical skills, the ability to understand analysts' work accurately, communication skills with investee companies and clients, planning skills and the ability to explain to clients are also essential. Work is basically done in teams, so cooperation and leadership are needed. You also follow developments overseas, so language skills are essential. And because you move large sums of money, you need mental toughness.
Ways in
- University: Business & Commerce degrees, Offered by 85 universities in Japan
Pay · Job openings · AI and this job
- Average annual income: ¥11,346,400 Private sector only: employers with 10 or more staff. Public servants, such as public school teachers and police officers, are not in these figures.
- Monthly base pay (before overtime and bonus): median ¥528,100, and the middle half earn ¥389,000 to ¥812,500 a month.
- Pay measured for the wage survey group: Other management, finance and insurance professionals
- 0.80 job openings per applicant at Hello Work (2025). A current demand signal, not a projection. It counts only the jobs and job seekers registered at Hello Work, Japan's public employment offices, and many graduate and professional hires never pass through it.
- Generative AI could change many tasks in this job, which usually reshapes the work more than it replaces it, by the ILO's global estimate.
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Questions people ask
How do I become a Fund Manager?
No particular education or qualification is required for this job, but in practice many fund managers graduated from economics or commerce faculties, and science students are also hired. If you want to be a fund manager, the main employers are independent asset managers such as investment trust companies and investment advisory firms, trust banks and insurance companies. Asset managers rarely recruit new graduates directly as fund managers; people usually start as an analyst's assistant, become analysts and then move into fund management. Foreign-owned asset managers in particular hire almost no new graduates and usually hire mid-career people with a strong record at Japanese asset managers. It is said to take about two years to reach the level of designing your own fund with reference to existing funds and managing it largely on your own; this level is called junior fund manager. Fund managers who have their own funds and take full responsibility, right up to explaining them to clients and winning their business, are called senior fund managers. Reaching senior level takes more than 10 years of experience, and most fund managers are aged from their mid-30s to their 40s. It is a specialist job that can be done the same way at another firm, so there is a lot of potential for changing jobs. Job changes are most common at junior level, motivated by higher pay or more authority, or by differences in firms' investment policies and styles. A related qualification is the private Chartered Member of the Securities Analysts Association of Japan (CMA), which almost all fund managers hold. It is effectively essential, and it is best to gain it while still a junior employee. Investment sense comes first, but research and analytical skills, the ability to understand analysts' work accurately, communication skills with investee companies and clients, planning skills and the ability to explain to clients are also essential. Work is basically done in teams, so cooperation and leadership are needed. You also follow developments overseas, so language skills are essential. And because you move large sums of money, you need mental toughness.
How much does a Fund Manager earn in Japan?
Average annual income in the private sector, bonus included, is ¥11,346,400 (Ministry of Health, Labour and Welfare). The figure is for the wage survey group Other management, finance and insurance professionals, which covers several jobs.
Do you need a degree to become a Fund Manager?
Usually. In this job's census occupation group, 83% of workers are university graduates.
Will AI change the work of a Fund Manager?
Generative AI could change many tasks in this job, which usually reshapes the work more than it replaces it, by the ILO's global estimate.
Sources
- Ministry of Health, Labour and Welfare: Basic Survey on Wage Structure (賃金構造基本統計調査) 2025: earnings by occupation (2025 survey (June 2025 pay, 2024 bonus), published 2026-03-24), Government Standard Terms of Use 2.0, retrieved 4 October 2026
- Ministry of Health, Labour and Welfare: Employment Referrals for General Workers (一般職業紹介状況): Hello Work job-openings-to-applicants ratio by occupation (2025 annual (release of 2026-10-02)), Government Standard Terms of Use 2.0, retrieved 4 October 2026
- Statistics Bureau of Japan (MIC): 2020 Population Census (令和2年国勢調査) detailed sample tabulation: employed by occupation, sex, age and education (2020 Census (tables 9-1 and 15-1, published 2022-12-27)), Government Standard Terms of Use 2.0, retrieved 4 October 2026
- JILPT (職業情報データベース) via MHLW job tag: job tag download data: 解説系 (descriptions, how to become, related qualifications) and 簡易版数値系 (interests, tasks, education) (解説系 ver.7.01 (2026-06-04); 簡易版数値系 ver.7.00 (2026-03-17)), retrieved 4 October 2026
- International Labour Organization, Generative AI and Jobs: A Refined Global Index of Occupational Exposure (ILO Working Paper 140, Gmyrek et al.) (ILO Working Paper 140, May 2025, Annex Table A1), CC BY 4.0, retrieved 4 October 2026
独立行政法人労働政策研究・研修機構(JILPT)作成 職業情報データベース 解説系ダウンロードデータ(IPD_DL_description_7_01.xlsx)ver.7.01 職業情報提供サイト(job tag)より2026年10月4日にダウンロード(https://shigoto.mhlw.go.jp/User/download)を加工して作成
独立行政法人労働政策研究・研修機構(JILPT)作成 職業情報データベース 簡易版数値系ダウンロードデータ(IPD_DL_numeric_7_00.xlsx)ver.7.00 職業情報提供サイト(job tag)より2026年10月4日にダウンロード(https://shigoto.mhlw.go.jp/User/download)を加工して作成
Sources: JILPT Occupational Information Database download data via job tag (解説系 ver.7.01 and 簡易版数値系 ver.7.00, downloaded 4 October 2026), processed by Peernovo; MHLW, Basic Survey on Wage Structure 2025; Statistics Bureau of Japan, 2020 Population Census; MEXT, School Basic Survey 2025; MHLW, Employment Referrals for General Workers (Hello Work statistics). Figures processed by Peernovo. English job names, translations and the matching of jobs to statistical groups, schools and degree fields by Peernovo.
Updated 4 October 2026
