Investment Manager, Large Fund of Funds (70-85K)

Company : Morgan Mckinley

Job Type : Full Time

Hong Kong

Job Description - Investment Manager, Large Fund of Funds (70-85K)

Responsibilities

Portfolio Strategy & Asset Allocation

Top-down allocation: Define strategic and tactical asset allocation across public fixed-income sectors (e.g., government bonds, corporate credit, high-yield, emerging market debt).
Macro analysis: Analyze global macroeconomic trends, interest rate movements, central bank policies, and credit cycles to position the portfolio.
Risk budgeting: Allocate risk capital across different fixed-income styles, durations, and credit spectrums to optimize the risk-adjusted return.

Manager Selection & Due Diligence (Research)

Manager sourcing: Identify top-tier fixed-income managers, mutual funds, and institutional mandates globally.
Investment due diligence (IDD): Evaluate managers' investment philosophies, credit research capabilities, trading execution, historical performance, and consistency.
Operational due diligence (ODD): Assess the institutional framework of target funds, including risk controls, compliance, valuation policies, and infrastructure.
Fee negotiation: Leverage the large size of the FoF to negotiate institutional share classes, sub-advisory fees, or customized side letters.

Portfolio Construction & Implementation

Blending strategies: Combine complementary managers (e.g., pairing a macro-driven duration manager with a bottom-up credit picker) to minimize unwanted overlap.
Liquidity management: Ensure the FoF maintains adequate liquidity to meet investor redemptions, especially during fixed-income market stress.
Transition management: Oversee the efficient movement of capital when hiring or firing underlying fund managers to minimize transaction costs.

Risk Management & Monitoring

Performance attribution: Use tools like Barclays POINT, Aladdin, or Bloomberg to analyze which underlying managers are driving or dragging returns.
Exposure tracking: Monitor aggregated portfolio metrics including duration, convexity, credit rating breakdown, and country/currency exposures.
Style drift policing: Ensure underlying managers strictly adhere to their stated fixed-income mandates and risk limits.

Stakeholder Communication & Reporting

Client reporting: Prepare performance updates, market commentaries, and portfolio insights for institutional clients, boards, or internal investment committees.
Investment committee presentation: Write formal investment memos and pitch new manager recommendations to the firm's leadership.

Requirements

Bachelor's degree holder from a globally recognised university
CFA would be preferred
At least 5-8 years of relevant experience in Fund of Funds (FOFs) investment
Experience in the asset class of fixed income preferred
Excellent command of English

Original job Investment Manager, Large Fund of Funds (70-85K) posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.

Share Job

Get your Resume Reviewed for Free

Similar Investment Manager Jobs in Hong Kong

Get your Resume Reviewed for Free

Email address

Why are you reporting this job?

I think it’s a discriminatory or offensive

I think it’s fraudulent or a scam

I think it’s trying to sell something unrelated to the job / it’s asking for money

I think it contains incorrect or broken information

Other

All Job Ads are subject to GrabJobs’s Terms of Service. We allow users to flag postings that may be in violation of those terms. Job Ads may also be flagged by GrabJobs moderation team. However, no moderation system is perfect, and flagging a posting does not ensure that it will be removed.

Setup your job alert:

Frequency

By activating job alerts, I agree to GrabJobs Terms & Privacy Policy. I can unsubscribe to job alerts anytime. Skip

Investment Manager, Large Fund of Funds (70-85K)

Job Description - Investment Manager, Large Fund of Funds (70-85K)

Similar Investment Manager Jobs in Hong Kong

Mobile Apps