Assistant Fund Manager

3w3 weeks ago

Great-West Lifeco

London, GB · Full-time · £65,000 – £95,000

About this role

Canada Life Asset Management manages over £41.9bn in fixed income, global equities, UK property and multi-asset solutions. Investment options support investors and clients in meeting long-term objectives. Offerings provide core portfolio growth or access to specific global markets.

Support and manage fixed income assets including listed bonds, liquidity assets, private placements, and derivatives for European & CRS divisions. Report performance to Head of Fixed Income, CIO, MD and at Committee level against benchmarks. Ensure appropriate credit quality, minimising downgrades and defaults.

Parent company Great-West Lifeco has £1,341bn assets under administration and over 31 million customers worldwide. Team includes over 100 colleagues with more than 50 investment professionals averaging 20 years industry experience. Average tenure at Canada Life Asset Management is ten years.

Manage portfolios to achieve required return within risk limits and support new business needs. Contribute to economy, markets, asset allocation discussions and specific transactions. Embed and monitor ESG activity across fixed interest portfolios.

Requirements

Sufficient experience to confer immediate recognition by the relevant regulatory authority
Good communicator and strong presentation skills with an ability to present at Board level
Good first degree in a numerate subject
Sufficient market experience
CFA or equivalent
Experience managing fixed income assets including listed bonds, liquidity assets, private placements, and derivatives
Knowledge of performance benchmarking against unit linked funds and credit ratings
Familiarity with sourcing fixed interest assets from public and private markets

Responsibilities

Manage and monitor fixed income (bond, liquidity, private placement & derivative) portfolios in accordance with policies, procedures and statutory requirements
Support reviews to ensure appropriate processes, procedures, policies, standards and systems are in place
Manage specific projects required by the Head of Fixed Income such as derivatives implementation, ISDA agreements, Bloomberg AIM
Contribute and manage discussions on the economy, markets, asset allocation, specific transactions and exposures
Support the embedding and monitoring of ESG activity across the CLAM business with responsibility for fixed interest
Report on the activities and performance of the portfolios to relevant internal and external stakeholders
Ensure the investment process across European divisions appropriately manages day-to-day market risks including interest rate, liquidity, and inflation risk