Equity Fund Selection Manager

Recruiter
Elliott James
Location
London, United Kingdom
Salary
£120k - £140k
Posted
18 Jan 2023
Closes
31 Jan 2023
Ref
18500446
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Key Responsibilities of the Job:
  • Leading the design of scalable, responsible investment strategies that meet the long-term objectives.
  • Primary analytical (monitoring) responsibilities on the major equity strategies on the investment platform.
  • Leading and coordinating major research projects on investment managers and strategies designed to augment the offering.
  • Assessing and managing the appropriate blend of managers / strategies utilized within major equity building block / manager of manager funds
  • Assisting in the design of the investment processes that inform the investment decision making of the equities team and wider division.
  • Presenting to Investment Committees and other executive boards on critical investment issues.
  • Building in depth knowledge of the external manager opportunity set, improving resilience, and building contingency into the Equities platform
  • Establishing a network of relevant industry contacts to contribute to informed investment decision making
  • Contributing to innovation and the positive evolution of the strategic approach to its equities platform
  • Driving improvement in systems and tools, including analytical capabilities and functional process
  • Successfully managing and mentoring junior members of the team
  • Supporting the Product Management team in crafting an external facing narrative around performance and IMA change for the equity funds
  • Promote understanding of the IMA, Equities fund range through supporting the Investment Communication team by providing content through various mediums
  • Provide SME input into projects across the team, often through increased use of technology, that improve processes and scalability, in line with the 2025 IMA objectives.
  • Build strong relationships with the Development team to facilitate successful engagement with senior members of Product Management, communications, R&D, legal, operations, regulatory, compliance and investment risk teams to help support smooth implementation of IMA change.

Requirements of the Job:
  • Proven experience in making and owning investment recommendations and decisions
  • An exemplary understanding of all elements of investment manager / strategy research.
  • Evident skill and experience in designing complementary blends / packages of managers / strategies.
  • Ability to understand, manage and communicate the key risks stemming from investment strategies.
  • A deep understanding of the features of a high-quality decision-making process and how to implement it.
  • Sophisticated use of data and analytics to produce the evidence to inform decision making.
  • Very strong communication skills - able to tailor message to different audiences.
  • Ability to mentor and lead junior analysts, creating a culture of support and development.
  • Ability to compare, contrast and combine the full universe of equity strategies - from pure passive to quantitative and high conviction active.
  • A passion for investment research and a willingness to drive the investment research agenda of the team and business.
  • Strong technical knowledge of public equities markets and the investment processes used by active long-only public equities managers.
  • Capable of making clear investment recommendations and taking personal responsibility and accountability for the performance of the equity managers on the investment platform
  • Ability to manage, influence and prioritise across multiple workstreams to ensure successful and timely outcomes.
  • Strong technical knowledge with proactive, flexible and innovative approach to problem solving.
  • Understanding of the fund management industry and financial markets and how potential changes may impact the business.
  • Strong interpersonal, communication and presenting skills and ability to adapt approach to suit the relevant audience.
  • Able to forge relationships with senior members of the investment division and act as a role model to more junior members of the team.
  • Advocate of divisional values of teamwork, energy and openness

People Management Responsibilities:
  • Line management responsibility with junior analysts
  • Manage key internal and external stakeholders throughout a fund's development and monitoring life cycle.

Job Knowledge:
  • Front office investment experience and a history of making investment decision from research initiation to implementation and ownership.
  • Experience of deep and detailed manager / strategy research is preferred, although direct investing experience also considered.
  • Expertise in blending and combining strategies and managers into well-balanced blends, ensuring risk are intended and manageable.
  • Experience presenting complex topics to senior boards and committees
  • Degree qualified, or equivalent.
  • Preferably attained CFA exams, or equivalent.
  • Practical experience of analytical systems such as Aladdin / Bloomberg / Style Research / Factset.

Business Expertise:
  • The individual will need to develop an understanding of how the Investment Management Team supports the Investment Committee, Partnership and our clients.
  • Understanding of the strategy and direction in the context of the wider wealth management industry.

Problem Solving:
  • Ability to produce high quality, rigorous evidence supporting all investment decisions.
  • Deep understanding of behavioural finance and how to create investment decision frameworks that limit impact of behavioural biases
  • Ability to identify prospective risks in investment strategies that could be of material detriment to future returns and client outcomes.
  • Ability to combine managers and strategies with distinct styles into coherent portfolios that maximise the potential for strong risk-adjusted results
  • Ability to analyse and attribute fund performance by country, region and/or sector exposure and provide insightful commentary to highlight any significant developments.
  • Ability to analyse individual fund manager style, trading activity, portfolio risk and consistency of investment approach and subsequently challenge fund managers where appropriate.
  • Ability to analyse combinations of individual funds and appropriateness of fit (complementary or overlapping style, sector, risk characteristics) and make recommendations for change where necessary.

Nature and Scope of Impact:
  • Lead responsibility for the design, research, and ownership of the most significant equity strategies on the platform.
  • Monitoring of the funds is a core aspect of the Investment Management Approach and their use in portfolios plays an important role in delivering a successful investment outcome for our clients.
  • Scope of responsibility is primarily the Investment Management division.

Interpersonal Skills:
  • Promote of a culture of intellectual rigor, purpose, and collaboration.
  • Ability to lead and mentor more junior members of the team and provide continuous and timely feedback to them.
  • Comfortable manage conflicting priorities and delegate responsibility to others while ensuring tasks are completed to the required standards.
  • Confidence to clearly communicate fund performance and positioning with an ability to defend viewpoints based on qualitative and quantitative evidence.
  • Requirement to work closely with the internal communications, operations, regulatory, compliance and project teams to implement change.

Special Requirements:
  • International (Global) and domestic Travel will be necessary

Benefits;
  • Excellent benefits
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