Question

"A portfolio manager's view of market efficiency influences his/her management style"

Discuss this statement.

Answer 1

Answer-

A portfolio manager is an individual or gathering of individuals liable for investing a common, trade exchanged or shut end asset's advantages, actualizing its speculation procedure, and overseeing everyday portfolio exchanging. A portfolio manager is one of the most significant components to consider when seeing asset investing. Portfolio management can be dynamic or latent, and verifiable execution records demonstrate that lone a minority of dynamic asset managers reliably beat the market.

In genuine speculation, be that as it may, there are evident contentions against the EMH. There are financial specialists who have beaten the market, for example, Warren Buffett, whose speculation technique zeroed in on underestimated stocks made billions and set a model for various adherents. There are portfolio managers who have preferred histories over others, and there are venture houses with more eminent examination investigation than others.

For a market to get efficient, financial specialists must see the market is inefficient and conceivable to beat. Amusingly, venture methodologies planned to exploit failures are really the fuel that keeps a market efficient.