R HIGHLY NEGOTIABLE PLUS ANNUAL PERFORMANCE BONUS
Our client is a boutique asset manager. They manage local and global equity funds alongside a suite of multi-asset funds. They are a vastly experienced team with a great blend of wisdom and youth. They share a deeply embedded culture and a fund management track-record of successful returns for clients. They are committed to their investors and clients and to their intrinsic value investment philosophy. They believe that it’s possible to be a world-class asset manager and be based in Cape Town. The team and two of the founders continue to serve as executive directors and portfolio managers in the business. Their vision is to be their clients’ greatest discovery and their values form the foundation that makes their vision possible. Their clients include individual and institutional investors and intermediaries.
They now seek a multi asset fund manager to join their team.
We’re looking for a potential succession candidate for the PM running their balanced funds. This is a 3+-year transition starting with a more junior /co PM status.
You are smart, friendly, and passionate about investments. You must have some training in asset allocation and fixed interest. As most analysts have some equity background, this is a given. Ideally, you are in an asset allocation division in a reputable firm where, due to age and competition, the scope or runway to PM is limited in the mid-term. So, you will have a clear line of sight of your career in this role.
You have the following in bucket loads:
- Business thinking – Can you analyse a company properly? Do you understand return drivers?
- Portfolio thinking – Can you connect ideas into a portfolio? Do you understand risk interactions?
- Scenario / risk mindset – Do you think in ranges, not forecasts?
- Decision-making & behaviour – Evidence of discipline and learning and on-going learning;
- Integration & communication – Can you operate inside the team and process, and effectively communicate internally and externally?
For succession, this client will need someone that can fit three different profiles:
- Future PM – needs to be strong across all 3: equity + portfolio + behaviour;
- Analytical lever – strong in risk, data, systems (which supports scaling);
- Equity understanding – core skill remains critical;
The big opportunity here is growth and succession.