This sector contains all our fund management or asset management jobs. Also called 'the buyside', fund management is the practice of investing other people's money and getting paid to do so. Usually, investors are retirement funds or "institutional investors." Private individuals, governments or companies may also be investors. Our asset management jobs section contains all available jobs in fund management firms - regardless of whether the fund managers have chosen to invest in equities, fixed income products or commodities. Also, this sector includes all jobs in Exchange Traded Funds (ETFs) - investment funds which can be traded on stock exchanges and are less expensive for investors than standard mutual funds. We also have jobs for asset management trainees and graduates, who are aiming for careers in asset management.
In the past, many fund managers pursued "long only" strategies, where they purchased a financial services product and kept it, hoping it will rise in value. Today, many institutional investors continue to invest much of their money with long only fund managers pursuing this same strategy. It is becoming more common, however, for institutional investors to invest their wealth with alternative investment funds, which can turn a profit even when the markets drop.
Generally, careers in fund management are comprised of two different categories: active fund managers and passive fund managers.
Active asset managers aim to beat the current market average and normally take bigger risks with investments to achieve larger rewards.
In comparison, passive management, also known as index tracking, requires choosing a portfolio of assets with the same value as that of a financial index, such as the Dow Jones Industrial Average in the U.S., the UK's FTSE 100, Eurostoxx 50 in the Eurozone or the Hang Seng Index in Hong Kong. Creating returns that mirror the market like this is called "generating beta."
Investment positions - In this job, you will invest the money managed by the asset management company. People in investment jobs are generally either financial analysts, who research the best companies and products to invest in, or portfolio managers, who are responsible for investment decisions on a number of funds in their realm of expertise, whether those are equities, fixed income or alternatives.
Distribution positions - Distribution includes positions in sales, marketing, product development and client servicing. These positions are all about selling the fund manager's services to clients, focusing either on winning new clients or maintaining existing relationships.
Fund managers also hire research analysts. These positions involve working with the portfolio managers, visiting companies and assessing their potential for investment and looking through buy and sell information and company reports.
You'll also find many middle-office jobs in fund management in areas like compliance, operations, performance measurement and risk management.
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| Settlements Specialist | Not Disclosed Competitive | Los Angeles, CA | 16 May 12 |
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Los Angeles based money manager is looking for a Back office Fixed Income Securities Settlements Specialist.
| Vice President, Client Relations Proposal Manager | Oaktree Capital Management, L.P. Competitive | Los Angeles, CA | 16 May 12 |
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See Below
| Junior Portfolio Manager | Not Disclosed Competitive salary | Los Angeles, CA | 14 May 12 |
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West Coast Investment Advisory Organization seeks an experienced individual to manage the firm's fixed-income ...
| Associate Financial Analyst (1938) | Trust Company of the West Commensurate with experience. | Los Angeles, CA, 90017 | 14 May 12 |
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The Associate Financial Analyst Associate will support the monthly close, quarterly forecasting and annual bud...
| Senior Business Analyst - Performance Measurement Job | Ameriprise Financial Services, Inc. Competitive | Los Angeles, CA, 90001 | 14 May 12 |
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See Job Description
| Institutional Marketing Professional – United States | Crescent Capital Group TBD | Los Angeles, CA | 08 May 12 |
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Leading below Investment grade fixed income investment manager with 20 year track record seeks Institutional M...
| Business Dev. Assoc.- LatAm/Caribbean | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 16 May 12 |
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PIMCO is seeking to recruit a Business Development Associate for the Latin America & the Caribbean team, f...
| Business Reporting Associate | Western Asset Management Company Competitive | Pasadena, CA | 16 May 12 |
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The Business Reporting Associate will work on a four person team within the Client Service Support department ...
| RFP Associate | Western Asset Management Company Competitive | Pasadena, CA, 91104 | 16 May 12 |
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The RFP Associate reports to the Manager of RFP and works closely with all members of the Client Service team ...
| Compliance Officer | Western Asset Management Company Competitive | Pasadena, CA, 91101 | 16 May 12 |
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Individual will ensure client portfolios are invested in accordance with client guidelines, internal policies ...
| Client Service Associate | Western Asset Management Company Competitive | Pasadena, CA, 91101 | 16 May 12 |
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Individual will work on a team with multiple Client Service Executives (CSEs) and Client Service Associates (C...
| Senior Java Developer – Asset Management – USA/ Los Angeles | Selby Jennings Contract Circa $750 | Pasadena, CA, 91101 | 16 May 12 |
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Senior Java Developer – Asset Management – Los Angeles Competitive rate of pay (long term contract) My...
| Fund Development Associate | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 16 May 12 |
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See job description below
| Portfolio Associate, Global Hub | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 16 May 12 |
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See job description below
| Global Macro Sovereign Debt Strategist - Southern California | Analytic Recruiting Inc. Competitive compensation | Calabasas, CA | 15 May 12 |
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Leading Asset Management Firm located in Southern California is looking for a Macroeconomic Strategist who wil...
| DC Institutional Sales and Marketing Account Associate | Pacific Investment Mgmt Company not disclosed | Newport Beach, CA | 15 May 12 |
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See job description below
| Real Estate Private Equity Asset Management AVP | Career Group Search Confidential | Century City, CA, 90067 | 15 May 12 |
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Our client, a Real Estate Investment firm, is looking to hire an Assistant Vice-President who will be an activ...
| Research Associate | First Quadrant Competitive based upon experience | Pasadena, CA, 91101 | 14 May 12 |
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The Research Associate will have up to 2 years of relevant experience with demonstrated quantitative research ...
| Financial Analyst | Swiss Re Financial Services Competitive | Calabasas, CA | 10 May 12 |
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Support the FP&A responsibilities for the Business Unit. This position will work closely with the Finance Mana...