At a Glance
- Tasks: Lead investment decisions in global listed real estate and conduct in-depth research.
- Company: Join CPP Investments, a top-tier institutional investor with a global reach.
- Benefits: Competitive salary, meaningful work, and collaboration with exceptional colleagues.
- Other info: Diverse and inclusive workplace committed to equitable access.
- Why this job: Make a tangible impact on investments that matter for future generations.
- Qualifications: Experience in equity research or investment in listed real estate is essential.
The predicted salary is between 100000 - 150000 € per year.
Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians. With a long‑term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide. For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you’ll contribute to outcomes that matter alongside team members committed to excellence and shared success.
Role Summary
The Managing Director, Listed Real Estate, plays a leadership role in making investment decisions within global listed real‑estate securities by leveraging deep domain expertise across property sectors, markets, and regions. Responsibilities include generating investment ideas, conducting fundamental research, assessing investment opportunities, exercising investment judgement to make (or recommend) investment decisions, executing transactions, monitoring portfolio holdings, and managing the portfolio within established risk guidelines. The role also involves developing and managing relationships with company management teams, industry experts, sell‑side analysts, and banking partners.
Listed Real Estate, which sits within the Real Asset Department, manages a global investment portfolio of around $10 billion across multiple sectors and geographies. The team actively covers over 90 listed REITs or real estate companies worldwide, aiming to deliver alpha above its benchmark and enhance the risk‑return profile of CPP Investments’ overall real‑estate portfolio.
We are seeking a high‑performing Equity Analyst/Portfolio Manager to join our Listed Real Estate team. This role offers the opportunity for a deeply analytical individual with a passion for investing and Listed Real Estate experience (preferably North America and/or UK and Europe) to work on a high‑growth, strong investment platform.
Accountabilities & Qualifications
- Conduct detailed fundamental research and financial modelling to evaluate investment opportunities in the listed infrastructure universe, with lead responsibilities for specified countries and sectors.
- Undertake company‑level valuation analysis using long‑term cash flow forecasts and relative value frameworks.
- Identify causes of dislocations and catalysts for value crystallization.
- Monitor industry trends, market dynamics, and company‑specific events to inform investment strategy and recommendations.
- Produce high‑quality investment memos and updates for internal committees.
- Oversee planning and execution of fundamental research, triage ideas, define investment thesis, and ensure analytical rigor of research insights, assessing market expectations.
- Make (or recommend) investment decisions (entry and exit) by synthesizing thesis, insights, evidence, reward, and risk into relative value decisions.
- Accountable for buy/sell decisions, position sizing, timing of entry/rebalancing/exit trading, and resulting investment returns/alpha.
- Make ongoing portfolio decisions based on underlying fundamental company performance, shifts in market expectation, and relative value opportunities.
- Manage portfolio within mandate guidelines, make portfolio construction and risk‑management decisions, weighing relative returns and assessing idiosyncratic & other risks.
- Build relationships with the company management teams, industry experts, sell‑side analysts, and banking partners.
- Collaborate with colleagues across Private Infrastructure, Active Equities, and Listed Real Assets to develop cross‑platform insights and enhance capital allocation.
Undergraduate degree or college diploma in a relevant field. An advanced degree or certification (CFA) is an asset. Commensurate equity research or investment experience with buy‑side coverage of listed real estate in North America, UK, and Europe. Strong track record of delivering investment returns above benchmark. Passion for investing and a disciplined, fundamentals‑driven approach to valuation. Proven strength in financial modelling, accounting, and equity valuation techniques. High intellectual curiosity with the ability to filter noise and focus on key drivers. Adaptability to a structured process and openness to learning and applying the team’s valuation and investment framework. Demonstrated humility, collaboration, and a willingness to support team goals. Significant relationship‑management experience, including primary responsibility for managing relationships with company management, sell‑side analysts, industry experts, and banking partners. Strong research, analytical, financial modelling, valuation, problem‑solving skills and ability to think creatively. Excellent analytical and communication skills, with the confidence to express ideas clearly and constructively.
Inclusion & Accessibility
CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs.
Managing Director, Listed Real Estate (Contract - London or Toronto) employer: CPP Investments | Investissements RPC
CPP Investments is an exceptional employer that offers a unique opportunity to engage in meaningful work with a tangible impact on the financial future of Canadians. With a strong emphasis on collaboration, employee growth, and a disciplined investment philosophy, team members are empowered to excel in their roles while contributing to a global investment portfolio. Located in vibrant cities like London or Toronto, employees benefit from a dynamic work culture that values diversity, innovation, and excellence, making it an ideal place for professionals seeking to thrive in the field of listed real estate.
Contact Detail:
CPP Investments | Investissements RPC Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Managing Director, Listed Real Estate (Contract - London or Toronto)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for interviews by researching the company and its culture. Practice common questions and think about how your experience aligns with their needs. Confidence is key, so show them you’re the right fit!
✨Follow Up
After an interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. A little courtesy can go a long way in making a lasting impression.
✨Apply Through Our Website
When you find a role that excites you, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Managing Director, Listed Real Estate (Contract - London or Toronto)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Managing Director role. Highlight your relevant experience in listed real estate and how it aligns with our mission at CPP Investments. We want to see how you can contribute to our goals!
Showcase Your Analytical Skills:Since this role requires a strong analytical mindset, don’t shy away from showcasing your financial modelling and valuation techniques. Use specific examples from your past experiences to demonstrate your expertise and thought process.
Be Clear and Concise:When writing your application, clarity is key! Keep your language straightforward and avoid jargon. We appreciate well-structured thoughts that convey your ideas effectively, so make sure your investment thesis shines through.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining our team at CPP Investments!
How to prepare for a job interview at CPP Investments | Investissements RPC
✨Know Your Numbers
As a Managing Director in Listed Real Estate, you’ll need to demonstrate your financial acumen. Brush up on your financial modelling and valuation techniques. Be prepared to discuss specific investment opportunities you've evaluated and the rationale behind your decisions.
✨Showcase Your Research Skills
CPP Investments values detailed fundamental research. Bring examples of your past research projects, especially those related to real estate. Highlight how your insights led to successful investment decisions and how you monitor industry trends.
✨Build Relationships
Relationship management is key in this role. Prepare to discuss how you've built and maintained relationships with company management teams, analysts, and banking partners. Share specific instances where these relationships have positively impacted your investment strategies.
✨Communicate Clearly
Excellent communication skills are essential. Practice articulating your investment thesis and insights clearly and concisely. Be ready to explain complex concepts in a way that’s easy to understand, as you’ll need to produce high-quality investment memos for internal committees.
