UK Select Fund – Deputy/Associate Fund Manager UK Select Fund – Deputy/Associate Fund Manager …

M&G plc.
in London, England, United Kingdom
Permanent, Full time
Last application, 20 Feb 20
M&G plc.
in London, England, United Kingdom
Permanent, Full time
Last application, 20 Feb 20
We are hiring for a Deputy Fund Manager to join our UK Select Equities Team.

At M&G our vision is: to become the best loved and most successful savings and investment business and we’re looking for people who are excited about joining us on our journey. We’re digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we’re looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

What you can expect from us:

We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:

  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

UK Select Fund – Deputy/Associate Fund Manager

About us:

Under the M&G brand, we offer asset management products and strategies to retail asset management and institutional clients in 28 markets. Our investment capabilities span the range of asset classes from cash to government bonds, corporate credit, multi-asset and equities. We also manage £57 billion of private assets, including bank loans, infrastructure and real estate.

In the UK, we manage £51 billion of savings on behalf of individual Prudential customers. Many invest in our PruFund range of funds. PruFund is invested in our £131 billion With Profit fund, the largest in the UK.

We also offer face-to-face advice to UK customers through our Prudential Financial Planning service, which now has 400 advisers across the country.

What is UK Select?

UK Select is a subset of the M&G UK equities team.

The UK team consists of 5 fund managers and 2 deputy fund managers with a combined AUM of £10.9bn.

The UK Select franchise consists of two separate funds totalling c£700m AUM, with one larger retail fund and a smaller institutional mandate.

We invest in high quality growth companies that can compound wealth over time and where the value of that is underappreciated by the market.

Belief that quality and valuation are mutually inclusive to generate positive investment outcomes.

We look for a progressive dividend as evidence of disciplined capital allocation. 

Long term, active and engaged shareholders.

The role:

The primary focus of the role is to generate new investment ideas and monitor existing investments for the UK Select team via;

  • Primary research and modelling,
  • Hosting company meetings with senior management of investee companies
  • Attendance at Capital Markets Days and site visits
  • Client facing responsibilities
  • Support wider UK equity effort

Subject to approvals the successful candidate will be appointed deputy fund manager for all the UK Select mandates assuming responsibilities for portfolio construction and the approval and monitoring of all transactions in the lead fund manager’s absence.

You will have:

We’re looking for an energised, creative and independent thinker who is passionate about investing in great companies.

  • Strong financial and analytical skills – CFA, IMC, ACA etc.
  • A background in Growth Investing
  • Demonstrable track record in equity stock analysis and modelling.
  • A broad knowledge of sectors if preferable.
  • Knowledge of the UK Mid-Small Cap space is preferable but not essential
  • Strong inter-personal skills – the ability to interact with investee company management and clients is an integral part of the job.
  • Clear, concise decision-making framework.
  • Cultural fit with the wider UK team

Recruiter:           Emma Flaherty

Location:            London – Fenchurch Avenue

We live by four behaviours at M&G and we ask all our employees to:

  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

At M&G Diversity and Inclusion is a strategic objective. We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people.  We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationally, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements for any of our roles.