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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| Fixed Income Portfolio Specialist | Wellington Management Company, LLP Competitive | Boston, MA, 02108 | 17 May 12 |
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Fixed Income Portfolio Specialist
| Fixed Income Trader | Wellington Management Company, LLP Competitive | Boston, MA, 02108 | 17 May 12 |
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Fixed Income Trader
| Emerging Local Debt Research Analystt | Wellington Management Company, LLP Competitive | Boston, MA, 02108 | 17 May 12 |
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Emerging Local Debt Research Analystt
| Private Banker/Financial Advisor | Not Disclosed 250-350K base;Performance bonus in the 7... | New York, NY, 10001 | 17 May 12 |
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Global leader in private banking and wealth management with superior platform of investment and bank products ...
| 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...
| Associate Business Development Officer, RIA/TPM Channel | BlackRock not disclosed | Jersey City, NJ, 07097 | 16 May 12 |
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See job description below
| Special Asset Management Analyst - Chicago, IL | Not Disclosed Competitive | Chicago, IL | 16 May 12 |
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Perform high profile analytical work as an Analyst or Associate for the Special Asset Management department wh...
| Quantitative Researcher/Developer | Michael Page International Competitive base plus bonus | Boston, MA, 02110 | 16 May 12 |
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My client's investment team is looking for a research analyst to help build and maintain the systems used to t...
| QA Manager - Financial Systems | Michael Page International Excellent Salary 90,000 to 125,000 with... | Boston, MA, 02110 | 16 May 12 |
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QA Manager - Financial Systems --- A leading developer of trading systems with customers spanning the glob...
| Controller | Michael Page International Compensation commensurate with experienc... | Glen Mills, PA, 19342 | 16 May 12 |
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Financial Controller with CPA and broad range of Accounting experience (general ledger, real estate, etc.) wit...
| Head of Performance Measurement | Michael Page International Compensation commensurate with experienc... | Philadelphia, PA, 19103 | 16 May 12 |
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The purpose of this position is to Manage and oversee the delivery of Performance functions for the US region ...
| 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...
| Business Development Associate, Core Wirehouse Channel | BlackRock not disclosed | Jersey City, NJ, 07097 | 16 May 12 |
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See job description below
| Asset Management Advisor | BlackRock not disclosed | Pontiac, MI, 48340 | 16 May 12 |
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See job description below
| Corporate Development Analyst - Business Reporting | BlackRock not disclosed | New York, NY | 16 May 12 |
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See job description below
| Global Client Group - US & Canada Retail - Product Development | BlackRock not disclosed | New York, NY | 16 May 12 |
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See job description below
| Java / Web Developer | BlackRock not disclosed | New York, NY | 16 May 12 |
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See job description below
| USPC Advisor Consultant | BlackRock not disclosed | Orlando, FL, 32801 | 16 May 12 |
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See job description below
| 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.
| SEC Reporting and Accounting | Not Disclosed Base + Bonus | New York, NY, 10005 | 16 May 12 |
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SEC Reporting and Accounting position for a leading edge financial products company.
| Top Global Bank Seeks Credit Risk Reporter | Selby Jennings $80-100k base salaries | Atlanta, GA, 30301 | 16 May 12 |
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This Top Global Bank is seeking an experienced candidate from a credit risk background who will be involved in...
| Product Specialist | ClearBridge Advisors, Subsidiary of Legg Mason Commensurate with Experience | New York, NY, 10018 | 16 May 12 |
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ClearBridge Advisors is looking for a Product Specialist to continue developing business in the platform marke...
| Sales Associate | RIMES Technologies Corp competitive | Boston, MA | 16 May 12 |
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see below
| Data Analyst/Excel/Access VBA Developer | TechnoSphere Hourly rate based on market | New York, NY | 16 May 12 |
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Our client, a major financial firm located in Manhattan is looking for a strong Data Analyst/Excel/Access VBA...
| Vice President, Client Relations Proposal Manager | Oaktree Capital Management, L.P. Competitive | Los Angeles, CA | 16 May 12 |
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See Below
| Development Coordinator, Full-Time | MedStar Georgetown University Hospital Annual | Washington, DC, 20001 | 16 May 12 |
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With a 609-licensed-bed hospital and 1,100 physicians, MedStar Georgetown University Hospital's clinical servi...
| KYC Analyst | Societe Generale Commensurate with experience | Jersey City, NJ | 16 May 12 |
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KYC Analyst will sit in our Jersey City, NJ office and will be responsible for a specific number of portfolios...