At a Glance
- Tasks: Manage active equity portfolios and implement investment strategies for local authority pension funds.
- Company: Join LGPS Central, a leading asset manager with a focus on responsible investment.
- Benefits: Enjoy a competitive salary, generous pension scheme, and 30 days holiday plus bank holidays.
- Other info: Hybrid working and excellent learning opportunities await you!
- Why this job: Make a real impact in the investment community while developing your career in finance.
- Qualifications: Strong experience in active equities and portfolio management required.
The predicted salary is between 60000 - 80000 £ per year.
Location: Wolverhampton, West Midlands, England, United Kingdom
About LGPS Central
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands, jointly owned on an equal shares basis by the Partner Funds. It manages over £45bn of assets and is responsible for responsible investment across all asset classes.
Job Summary
As Portfolio Manager – Active Equities, you will work within the Active Equity Investment Team, reporting to a Senior Portfolio Manager. Your role will involve managing equity analysis and multi‑manager portfolios, implementing investment, responsible investment and risk & compliance policies, and ensuring compliance with the Senior Managers and Certification Regime.
Responsibilities
- Manage active multi‑manager equity sub‑funds and investment mandates.
- Own delivery of investment targets for Partner Funds, with clear documentation and auditability.
- Integrate and maintain Investment Committee investment policies and LGPS Central’s responsible investment approach.
- Manage risk and compliance in line with the Company’s Risk and Compliance Framework.
- Run mandates to deliver value for money for Partner Funds and identify opportunities to improve risk‑adjusted returns after charges.
- Provide documented assurance that portfolios remain within the Prospectus, Investment Management Agreement and Company policies.
- Contribute to a high‑performing, collaborative, research‑based and responsible investing culture.
- Act as an ambassador for LGPS Central with Partner Funds, regulators, stakeholders and the wider investment community.
- Support creation of new external mandates and the retender or consolidation of existing mandates.
- Take ownership of trading, company meetings, manager selection, transitions, investor relations and strategy development tasks.
- Lead quarterly meetings with external managers to stay close to market developments and manager performance.
- Work with colleagues to create value‑enhancing multi‑manager portfolios.
Qualifications and Experience
- Strong active equities experience in an asset‑management or institutional setting.
- Experience of collaborative investment decision‑making.
- Strong skills in selecting investments, documenting rationale, portfolio construction and ongoing monitoring.
- Proven experience managing investment portfolios or strong experience in equity analysis and stock picking.
- Ability to evaluate performance and risk objectively.
- Proven capability in manager research and selection, with clear articulation of 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.
- Holistic understanding of risk management within a multi‑manager structure.
- Degree level or equivalent qualification (CFA or other relevant investment experience).
- Must meet all requirements of a FCA approved person.
Benefits
- Competitive salary.
- Enhanced and generous pension scheme.
- 30 days paid holiday plus bank holidays.
- 2 days paid volunteering days.
- Extra paid company day in addition to paid holidays.
- Excellent learning & development opportunities.
- Welfare and family‑friendly policies.
- Enhanced pay for new parents.
- Access to Employee Assistance Programme.
- 247 health & wellbeing support.
- Vitality private medical insurance.
- Hybrid working.
- Company service awards, cycle‑to‑work scheme, company electric vehicle scheme.
Portfolio Manager - Active Equities employer: Occupop
At LGPS Central, we pride ourselves on being an exceptional employer, offering a collaborative and high-performing work culture that prioritises responsible investment and employee growth. Located in Wolverhampton, our team enjoys competitive salaries, generous benefits including enhanced pensions and paid volunteering days, and excellent learning opportunities, all while contributing to the management of over £45bn in assets for local authority pension funds. Join us to make a meaningful impact in the investment community while enjoying a supportive environment that values work-life balance and employee wellbeing.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager - Active Equities
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching LGPS Central and understanding their investment strategies. Practice common interview questions and think about how your experience aligns with their needs. Remember, confidence is key, so show them why you’re the perfect fit for the Portfolio Manager role!
✨Showcase Your Skills
Bring your A-game by showcasing your skills during interviews. Use specific examples from your past experiences to demonstrate your expertise in active equities and portfolio management. We want to see how you’ve tackled challenges and delivered results in previous roles.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get your application in and let’s make some investment magic happen!
We think you need these skills to ace Portfolio Manager - Active Equities
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Portfolio Manager role. Highlight your active equities experience and any relevant qualifications like CFA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about responsible investment and how you can contribute to our team. Be genuine and let your personality shine through – we love a good story!
Showcase Your Achievements:When detailing your experience, focus on specific achievements in managing portfolios or selecting investments. Use numbers where possible to quantify your success – it helps us see the impact you've made!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at Occupop
✨Know Your Numbers
As a Portfolio Manager for Active Equities, you’ll need to be on top of your game with numbers. Brush up on key metrics related to equity performance, risk-adjusted returns, and compliance standards. Be ready to discuss how you've used these metrics in past roles to drive investment decisions.
✨Showcase Your Collaborative Spirit
This role requires strong collaborative skills, so be prepared to share examples of how you've worked effectively within teams. Highlight any experiences where you’ve contributed to group decision-making or led initiatives that required input from multiple stakeholders.
✨Demonstrate Your Investment Philosophy
Articulate your investment philosophy clearly. Discuss your approach to selecting investments and constructing portfolios. Be specific about how you integrate responsible investment practices into your strategies, as this is crucial for LGPS Central.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about LGPS Central’s investment strategies, their approach to risk management, and how they measure success. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
