At a Glance
- Tasks: Manage investment portfolios and build relationships with external equity managers.
- Company: Join LGPS Central, a leading asset manager for local authority pension funds.
- Benefits: Enjoy a generous pension scheme, hybrid working, and health support.
- Other info: Dynamic work environment with a focus on diversity and inclusion.
- Why this job: Make a real impact in responsible investment and enhance financial outcomes.
- Qualifications: Strong experience in active equities and collaborative decision-making required.
The predicted salary is between 60000 - 80000 £ per year.
Join LGPS Central at a pivotal moment, where active management, responsible investment and long term outcomes come together.
We are recruiting a Senior Portfolio Manager, Active Equities to take responsibility for multiple investment mandates and relationships with a range of external equity managers.
Based in Wolverhampton, you will play a key role in building a professional, high performing Active Equity investment function, combining portfolio oversight, equity analysis and strategic input.
You will also support the Investment Director and ensure the capability and capacity of your team continues to meet Partner Fund needs.
This is a certified role under the Senior Managers and Certification Regime and is subject to Fitness and Propriety assessments and other regulatory requirements.
What you’ll be doing
- Managing value enhancing multi manager portfolios, sub funds and investment mandates, including tactical and strategic asset allocation.
- Deputising for the Investment Director(s) when required, including attending Investment Committee and client meetings, and supporting committee presentations.
- Delivering and evidencing investment targets for Partner Funds across your mandates.
- Ensuring your team integrates, documents and maintains Investment Committee policies for the portfolios you oversee, including LGPS Central’s responsible investment approach.
- Embedding and monitoring risk and compliance across your portfolios and team in line with the Risk and Compliance Framework.
- Running mandates to deliver value for money for Partner Funds and identifying opportunities to improve risk adjusted returns after charges.
- Providing assurance to the Head of Listed Equities that portfolios are managed within prospectus or mandate parameters and Company policies.
- Following established processes for creating new external mandates or developing existing products.
- Ensuring manager selection, appointment, monitoring, reporting, retendering and transitions follow the framework set by the Investment Committee.
- Leading by example to create a rigorous, high performing, collaborative, research led and responsible investing culture.
- Acting as an ambassador for LGPS Central with Partner Funds, regulators, stakeholders and the investment community.
- Leading delivery of projects set by the Head of Listed Equities or Investment Director(s), ensuring they are resourced, delivered on time and to budget.
- Delivering a transparent, auditable and repeatable investment process across portfolios and team activity.
- Line managing and developing Portfolio Managers and other team members.
- Leading quarterly meetings with external managers to stay close to market developments and performance.
- Continually improving the team’s approach and process, inspiring colleagues to contribute to better outcomes.
- Presenting clearly to stakeholders, including Partner Funds, councillors, consultants and internal colleagues, explaining strategy and performance.
About us
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands.
LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets.
It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.
LGPS Central’s Partner Funds are
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.
LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits.
The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.
Our objective is to be a leading investment management company working with and for our Partner Funds.
With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.
Requirements
You will bring strong active equities experience, ideally within an asset management or institutional setting, alongside:
- Experience of collaborative investment decision making.
- Strong skills in selecting investments, documenting the rationale, portfolio construction and ongoing monitoring.
- Proven experience managing investment portfolios successfully and or strong experience in equity analysis and stock picking.
- Ability to evaluate performance and risk objectively.
- A proven capability in manager research and selection, including understanding and clearly articulating manager strategies.
- Experience across different segments of the equity landscape.
- Confidence engaging with external managers and building effective, long term relationships.
- Skill in constructing and managing multi manager portfolios.
- A holistic understanding of risk management and its application within a multi manager structure.
Qualifications
- Degree level or equivalent
- Has or can meet all the requirements of being an FCA approved person.
What do we offer?
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer.
Here are a few of the valuable rewards that you will enjoy
- An enhanced and generous Pension Scheme
- An extra paid Company Day in addition to paid holidays
- Welfare and Family friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme 247 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
- Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022
- Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
- Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
- #J-18808-Ljbffr
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Active Equities in England
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like Hollybank Trustees Ltd, who often scout for talent at such events.
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✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like Hollybank Trustees Ltd.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including Hollybank Trustees Ltd, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Senior Portfolio Manager - Active Equities in England
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like Hollybank Trustees Ltd want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to Hollybank Trustees Ltd.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at Hollybank Trustees Ltd will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to Hollybank Trustees Ltd. Numbers speak louder than words!
How to prepare for a job interview at Hollybank Trustees Ltd
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like Hollybank Trustees Ltd want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withHollybank Trustees Ltd.
