Senior Portfolio Manager, GTAA recruitment
The CPP Investment Board is a professional investment management organization that invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 17 million Canadian contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, the CPP Investment Board invests in public equities, private equities, real estate, inflation-linked bonds, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in London and Hong Kong, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm's length from governments. The Global Tactical Asset Allocation (GTAA) group profits from identifying macro opportunities between and across fixed income, currency, commodity, volatility and equity markets. It does so by taking long and short positions in global markets based on the unique integration of both quantitative and fundamental macro investment approaches. The GTAA group inherits a number of key strategic advantages from being part of CPPIB. In particular, it benefits from a long-term investment horizon, a secure asset base, and a large pool of capital. That means the GTAA team can focus on global investment strategies without the constraints of short-term performance, or raising and retaining capital.
Role Summary:
We are presently recruiting for a Senior Portfolio Manager in the GTAA area of Public Market Investments to manage a Tactical Asset Allocation Portfolio.
Role Specific Accountabilities:
- Generate excess returns (alpha) by managing the group’ssubstantial Tactical Asset Allocation Portfolio, taking views across the major asset classes, such as global equity and bond markets, commodities and equity styles, based on a process-driven investment approach
- Enhance the depth of the Tactical Asset Allocation Portfolio by developing new quantitative and/or fundamentally based insights to predict changes in relative asset class returns
- Responsible for the day-to-day activities associated with managing the Tactical Asset Allocation Portfolio
- Contribute to the development of additional top-down, active strategies, such as bonds, commodities, currencies and cross-country equities
- Maintain a thorough grasp of current market conditions, the economic outlook and academic research with the objective of incorporating the best insights in the portfolio
- Maintain and reinforce a strong culture based on teamwork, high performance, humility and integrity
If you possess the following, we’d like to hear from you:
- Educated to Masters or PhD degree in fields related to macroeconomics, finance or political economy
- At least 10 years of relevant work experience, which should include some experience managing a portfolio with a substantial element of macro, top-down risk
- Thorough understanding of both the theory and practice of asset markets
- Ability to apply economic theory and analysis across a wide variety of asset classes
- Deep knowledge of finance and modern portfolio theory, including portfolio construction, trading, risk and transactions costs
- Strong econometric skills and related forecasting techniques
- Excellent oral and written communication skills
- Ability to work well in a culture of high performance, under pressure to perform with time-sensitive deadlines
If you are looking for an exciting opportunity and to build a career in an innovative and dynamic organization, submit your resume by clicking on Apply Now below.
We thank all applicants for their interest, however only candidates selected for an interview will be contacted. CPP Investment Board is an Equal Opportunity Employer.