Investment Associate

The Investment Associate (International Listed Investments) supports the Portfolio Manager in managing a diversified, multi-asset global portfolio spanning equities, fixed income and alternatives, including hedge funds. The role is primarily focused on manager research and fund selection, complemented by tactical trades. The Associate sources, evaluates and monitors third-party managers and funds across developed and emerging markets, assessing their investment process, track record, risk and performance. They provide evidence-based recommendations to support portfolio construction and capital allocation, prepare investment memos and due diligence assessments, and contribute to the ongoing performance monitoring of existing managers.

The Associate also develops a sound understanding of global markets, analyses macro and market developments, and translates these into actionable allocation, rebalancing and tactical trade ideas aligned with the firm’s investment mandate. They prepare quarterly and annual strategy notes and collaborate with internal stakeholders to support MIS reporting, portfolio risk profiling, board presentations and qualitative performance updates.

Success in this role requires strong investment acumen, advanced analytical capabilities, sound judgement and the ability to work collaboratively across teams. Proficiency in Bloomberg, VBA and AI tools is essential, and experience with Morningstar and Addepar is advantageous.

Research, Investment & Monitoring

• Provide active support to the PM in the origination, assessment, selection and execution of investment opportunities across the international listed portfolio, with a primary focus on fund selection.
• Perform due diligence and analysis on prospective managers and funds across equities, fixed income and alternatives, including hedge funds. This covers investment process, team, manager viability, peer analysis, track record, volatility, quartile ranking, and absolute and risk-adjusted returns.
• Prepare clear and concise investment memos and due diligence assessments, highlighting performance, risk, peer group positioning, and the risks and merits of the investment case.
• Maintain up-to-date coverage of both existing holdings and prospective managers across equity, fixed income and alternatives. This includes monitoring their performance on a regular basis and ensuring that relevant manager documentation and data are collected, organized and stored.
• Conduct performance, risk and sensitivity analysis on the total portfolio, individual positions and new opportunities.
• Monitor global financial markets on an ongoing basis to understand macro and market developments, shifting trends, and relative opportunities across asset classes, sectors and geographies.
• Generate tactical trade ideas and actionable allocation and rebalancing suggestions for the international listed portfolio.
• Attend meetings and events with external counterparties, including banks, advisors and third-party managers, to generate fund and tactical trade ideas and to deepen market understanding.

Reporting

• Support the PM in periodic quantitative and qualitative performance reporting on the portfolio, including manager performance reports.
• Support the Operations Department on quarterly reporting, portfolio risk profile presentations, Board presentations, and the provision of portfolio information.

Other

• Support the PM in the ongoing improvement of the investment framework and process.
• Contribute to the development and enhancement of internal portfolio management and analysis tools.

• Degree in Business, Finance or Economics. Other disciplines will be considered where supported by relevant experience or the CFA charter.
• CFA charterholder preferred.
• 4 to 7 years of investment experience in portfolio management or fund selection, with a focus on public markets and/or alternative investments.
• Experience gained at a family office, multi-family office or asset manager.
• Candidates with a background in performance or risk management will also be considered, provided they demonstrate a strong investment orientation and hold the CFA charter.