Research Analyst - Graduate

We are looking to recruit a numerate, driven and inquisitive graduate to learn the investment management business from the bottom up and progress into a Research Analyst position over the course of 1-2 years via:

• 3 X 4-month rotations through a number of closely related Investment Management (IM) departments.
• After 2 years should be in a position to focus / specialise in research and analysis of closed end funds (CEFs) and holding companies;
• Initial departments to cover include Information Services (Data Analyst); Portfolio Management Support / Trading; CEF/holding company Research;
• Initial focus will be on building knowledge around proprietary database systems and portfolio management support.

Information Services:

• Researching and collating data for CEFs for analysis and input into our proprietary database
• Updating records with respect to buybacks
• Updating NAV tracking models for all funds monitored and monitoring large changes in country and stock allocations
• Updating all static information held in the research database (portfolio manager information, frequency of NAV/number of shares issued/geographic data)
• Reviewing and checking the integrity of the data in the research database.

Portfolio Management Support:

• To assist in the efficient running of the IM team

• Production / distribution of IM reports used to complete investment process
• Assisting the fund managers in identifying potential trades on a daily basis
• Monitor Investment guidelines and ensure compliance with IMA's including the production of the Investment Limit report. Investigate and report on any discrepancies
• Responsible for inputting trades completed by London IM into Charles River and running the IM Cash Sheet
• Responsible for fair allocation across accounts and identifying discrepancies in asset allocation
• Responsible for electronic matching of trade confirmations
• Responsible for daily filing of IM reports and deal sheets
• Responsible for completion of ad-hoc projects assigned by the Firm's Fund Managers

CEF / Holding Company Research:

• Training to learn the basics of conducting research and providing investment recommendations for CEFs and holding companies
• Learn how to interpret analytical models of CEF and holding company balance sheets
• Identity and assist in the evaluation of new investment opportunities
• Build and maintain valuation models for holding companies
• Maintain and manage research diary for London traded / researched CEFs
• Monitoring and interpreting news flow on Holding Companies / Conglomerates and Informing IM of any significant changes/news on macro backdrop/companies

Benefits:

• Competitive salary
• Discretionary bonus scheme
• Non-contributory pension scheme
• Permanent Health Insurance - BUPA
• 25 days holiday
• Financial and time assistance with CFA
• Season ticket loan