Assistant Portfolio Manager - Equity

  • Competitive salary offered
  • London, England, United Kingdom
  • Permanent, Full time
  • SEI Investments (Europe) Ltd.
  • 17 Oct 17 2017-10-17

This role reports to the Senior Portfolio manager and will involve assisting with the achievement of fund performance and risk objectives for assigned funds. This role will also assist with the communication of fund positioning and performance drivers to investors.

Key Objectives:

› Assist with the achievement of fund performance and risk objectives for assigned funds
› Assist with the communication of fund positioning and performance drivers to investors

Responsibilities:

To include but not be limited to:

Investment Research (20%)

To play a role in:

› Undertaking research and furthering the Fund Management team’s understanding of investment markets, investment strategies and investment products

Manager Selection (20%)

To work with the Manager Research team in order to:

› Assist in the identification of new managers 
› Participate in final stages of the manager research process to build understanding of shortlisted managers
› Critique manager theses and other research materials produced

To assist lead Portfolio manager(s) in:

› Selecting managers most suited to meeting fund investment objectives
› Presenting new managers selected for inclusion within SEI funds / portfolios to the relevant ISO committee 

Portfolio Management (35%)

Strategic Portfolio Construction

To assist in:

› Portfolio design – e.g., definition of investment opportunity set (i.e. alpha sources / investment strategies and securities to be eligible for investment); alpha and risk targets, investment parameters 
› Production of Fund Thesis and any other materials required for assigned funds, seeking approvals where required 
› Determining an appropriate combination of managers in order to meet investment objectives through the cycle
› Determining the appropriate sizing of positions at point of investment and managing thereafter as market conditions and portfolio positioning evolves

Tactical Positioning

To assist in:

› Undertaking research to identify key drivers of investment returns / relative performance
› Identifying, measuring and assessing relevant metrics of key return drivers on a period basis
› Tactically shifting portfolio positioning (e.g. exposures to alpha sources / manager weights) where investment guidelines and transaction costs allow

To be accountable for:

› Constructing and communicating personal views / positioning within the IMU to assist in the broad research and portfolio management effort 

Communication and Reporting (25%)

To assist in communications with SEI business units, external clients/prospects, and others as required:

› Assist in the production of presentation materials 
› Communicating high level positioning / performance / investment process
› Detailed communication concerning the performance and positioning of assigned funds

To be accountable for key reporting on assigned funds, as required:

› PM Insights, QIR slides, etc

Best Practice:

› Keep current on market conditions, regulation, SEI products and services, etc;
› Adhere to all relevant FCA requirements and compliance; and
› Any other ad-hoc projects as required.

Position Requirements 

Technical Capabilities/Skills & Experience Required for the Role:

› Ideally degree educated with full CFA qualification (or equivalent) preferred.
› Significant experience working within the asset management or multi-manager industry.
› Excellent working knowledge of investment strategies and investment markets.
› Solid understanding of investment theories and in-depth of knowledge of investment markets and industry trends.
› The ability to pick up in-depth knowledge of SEI products and services/technical financial information and effectively communicate that to relevant clients/audiences.
› The ability to be credible in communications with peers and senior personnel
› Proficient IT skills - all Microsoft office products, Bloomberg, etc and able to pick up other systems/databases easily.

SEI is an equal opportunities employer

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of December 31, 2015, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $670 billion in mutual fund and pooled or separately managed assets, including $262 billion in assets under management and $408 billion in client assets under administration. For more information, visit seic.com.