At a Glance
- Tasks: Manage emerging markets sovereign debt portfolios and contribute to investment strategies.
- Company: Join a leading boutique investment firm with global resources.
- Benefits: Competitive salary, performance incentives, and a collaborative work environment.
- Other info: Exciting career growth opportunities in New York or London.
- Why this job: Make impactful investment decisions in a dynamic and innovative team.
- Qualifications: 10+ years in emerging markets fixed income and strong analytical skills.
The predicted salary is between 160000 - 200000 £ per year.
Our employees are our most valuable asset.
Stone Harbor Investment Partners ("Stone Harbor" or "SHIP") is a specialist emerging markets debt manager with a long-standing track record across sovereign and corporate debt strategies. As part of Virtus Investment Partners, Stone Harbor combines the agility of a focused boutique with the resources of a global asset management platform. The investment team operates a collaborative, team‑based portfolio management model, integrating portfolio managers, research analysts, trading, and risk management to support disciplined investment decision‑making. The platform emphasizes active management, rigorous sovereign credit analysis, and structured risk management frameworks to deliver consistent, risk‑adjusted outcomes across market cycles. Stone Harbor manages a suite of global emerging markets strategies spanning hard currency, sovereign debt, local markets, and EM credit, supported by deep regional expertise and a global macro perspective.
Role Overview
Stone Harbor is seeking an experienced Emerging Markets Sovereign Debt Portfolio Manager to join its investment team in either the New York City or London office. This senior role will focus on managing hard currency sovereign debt portfolios while contributing to broader asset allocation decisions across the firm’s emerging markets fixed‑income platform. The successful candidate will have direct accountability for portfolio performance, play a leadership role in investment strategy development, and contribute differentiated views within Stone Harbor’s collaborative investment framework.
Key Responsibilities
- Portfolio Management
- Manage EM sovereign hard currency portfolios with accountability for performance
- Implement investment strategies across EM fixed income markets
- Contribute to firm‑wide asset allocation decisions
- Investment Research & Credit Analysis
- Conduct sovereign credit analysis across macroeconomic and political factors
- Monitor global macro trends and translate into positioning
- Maintain high‑conviction investment views
- Idea Generation & Relative Value
- Generate investment ideas across allocation, duration, and spreads
- Identify relative value opportunities across markets
- Apply fundamental, technical, and valuation frameworks
- Portfolio Construction & Risk Management
- Construct portfolios focused on risk‑adjusted returns
- Manage duration, spread, concentration, and liquidity risks
- Conduct attribution and stress testing
- Collaboration & Communication
- Partner with analysts, traders, and risk teams
- Contribute to investment committee discussions
- Prepare investment presentations and communications
Required Qualifications
- Bachelor’s degree required; advanced degree preferred
- CFA preferred
- 10+ years in emerging markets fixed income
- Track record in portfolio management, ideally sovereign hard currency
- Technical expertise with sovereign credit analysis and macro frameworks
- Relative value and portfolio construction expertise
Core Competencies
- Alpha generation and investment judgment
- Strong risk discipline
- Intellectual curiosity and independent thinking
- Clear communication skills
- Collaborative team orientation
Compensation
New York, NY: Base salary range of $200,000 – $250,000 USD. Must be authorized to work in the U.S. without sponsorship. The starting salary offer will vary based on the applicant’s education, experience, skills, abilities, geographic location, internal equity, and alignment with market data. This position is also eligible to participate in the annual incentive plan.
U.K. Work Authorization
Candidates must currently have and be able to maintain the legal right to work in the United Kingdom without employer sponsorship. Stone Harbor is not offering visa sponsorship, immigration support, or relocation assistance to the United Kingdom for this position; therefore, applicants must already be based in, or independently able to work from, the United Kingdom at the time of hire. Employment eligibility will be verified in accordance with applicable UK right‑to‑work requirements.
Portfolio Manager – Emerging Markets Sovereign Debt in London employer: Virtus Investment Partners
At Stone Harbor Investment Partners, we pride ourselves on fostering a collaborative and dynamic work environment where our employees are our most valuable asset. Located in the vibrant financial hubs of New York City and London, we offer competitive compensation, a strong emphasis on professional development, and the opportunity to engage in meaningful investment strategies that shape the future of emerging markets. Join us to be part of a team that values intellectual curiosity and independent thinking while providing the resources of a global asset management platform.
Contact Details:
Virtus Investment Partners Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager – Emerging Markets Sovereign Debt in London
✨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 Virtus Investment Partners, who often scout for talent at such events.
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Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like Virtus Investment Partners.
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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 Virtus Investment Partners.
✨Engage with Recruitment Events
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We think you need these skills to ace Portfolio Manager – Emerging Markets Sovereign Debt in London
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 Virtus Investment Partners 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 Virtus Investment Partners.
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 Virtus Investment Partners will be keen to see that passion and how you keep up with industry news and developments.
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How to prepare for a job interview at Virtus Investment Partners
✨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 Virtus Investment Partners 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 withVirtus Investment Partners.
