At a Glance
- Tasks: Manage equity portfolios and implement investment strategies for Partner Funds.
- Company: Join LGPS Central, a leading asset manager for local authority pension funds.
- Benefits: Competitive salary, generous pension scheme, 30 days paid holiday, and hybrid working.
- Why this job: Make a real impact in responsible investment while collaborating with top professionals.
- Qualifications: Strong experience in active equities and portfolio management required.
- Other info: Dynamic work environment with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Join LGPS Central at a pivotal moment, where active management, responsible investment and long term outcomes come together. We are looking for experienced investors to join our Active Equity Investment Team as a Portfolio Manager. Based in Wolverhampton, you will report to a Senior Portfolio Manager in Active Equities and work with your peers to build a professional, high performing investment function.
You will take responsibility for equity analysis and the management of equity portfolios and multi manager portfolios, implementing the investment, responsible investment, and risk and compliance policies set by the Investment Committee within the portfolios you manage. 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 active multi manager equity sub funds and investment mandates.
- Owning delivery of investment targets for Partner Funds across your portfolios, with clear documentation and auditability.
- Integrating and maintaining Investment Committee investment policies applicable to your portfolios, alongside LGPS Central's approach to responsible investment and engagement.
- Managing risk and compliance in line with the Company's 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 documented assurance to the Senior Portfolio Manager that portfolios are managed within the Prospectus, Investment Management Agreement and Company policies.
- Contributing to a high performing, collaborative, research based and responsible investing culture across the investment team.
- Acting as an ambassador for LGPS Central with Partner Funds, regulators, stakeholders and the wider investment community.
- Supporting the creation of new external mandates and the retender or consolidation of existing mandates, when directed.
- Taking ownership of trading, company meetings, manager selection, transitions, investor relations and strategy development tasks as required.
- Leading quarterly meetings with external managers to stay close to market developments and manager performance.
- Working with colleagues to create value enhancing multi manager portfolios.
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 Funds, 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. 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.
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 CFA or equivalent qualification/relevant investment experience.
- 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:
- Competitive salary
- An enhanced and generous Pension Scheme
- 30 days' paid holiday plus
Portfolio Manager in England employer: LGPS Central
Contact Detail:
LGPS Central Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Manager in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment world, especially those who work at LGPS Central or similar firms. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your equity analysis skills and understanding of responsible investment. We want to see how you can contribute to our high-performing team, so be ready to discuss your past experiences and how they align with our values.
✨Tip Number 3
Showcase your passion for responsible investment! At LGPS Central, we take this seriously, so make sure to highlight any relevant projects or initiatives you've been involved in. It’s all about demonstrating that you’re not just about numbers but also about making a positive impact.
✨Tip Number 4
Don’t forget to 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 at LGPS Central.
We think you need these skills to ace Portfolio Manager in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Portfolio Manager role. Highlight your experience in active equities and any relevant qualifications, like CFA. We want to see how your skills align with our investment strategies!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about responsible investment and how you can contribute to our high-performing team. Let us know what makes you the perfect fit for LGPS Central.
Showcase Your Achievements: When detailing your experience, focus on specific achievements in managing portfolios or improving returns. Numbers speak volumes, so include metrics where possible to demonstrate your impact in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at LGPS Central!
How to prepare for a job interview at LGPS Central
✨Know Your Numbers
As a Portfolio Manager, you'll need to demonstrate your understanding of equity analysis and portfolio management. Brush up on key metrics and performance indicators relevant to the role. Be ready to discuss specific examples from your past experience where you successfully managed portfolios or made investment decisions.
✨Showcase Your Collaborative Spirit
This role emphasises collaborative investment decision-making. Prepare to share instances where you've worked effectively with teams or external managers. Highlight how you contributed to a high-performing culture and how you can bring that same energy to LGPS Central.
✨Understand Responsible Investment
LGPS Central is committed to responsible investment. Familiarise yourself with their approach and be prepared to discuss how you can integrate responsible investment practices into your portfolio management. Share your thoughts on current trends in responsible investing and how they impact equity portfolios.
✨Prepare for Risk Management Questions
Given the importance of risk and compliance in this role, expect questions about your experience in managing risk within multi-manager structures. Think of examples where you've identified risks and implemented strategies to mitigate them. This will show your holistic understanding of risk management.