Assistant Portfolio Manager
Who we are:
Pharo Management is a leading global macro hedge fund with a focus on emerging markets. Founded in 2000, the firm has offices in London, New York, Hong Kong and Abu Dhabi, and currently manages $8 billion in assets across four funds. Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates, commodities, and their derivatives. We trade in over 70 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America as well as developed markets. Our investment approach combines macroeconomic fundamental research and quantitative analysis.
Pharo employs a diverse, dynamic team of 140 professionals representing over 20 nationalities and 30 languages. We have a strong corporate culture anchored in core values such as collaborative spirit, creativity, and respect. We are passionate about what we do and are committed to attracting the best and brightest talent.
This is a great opportunity to join a market leader and contribute to our continued success.
Job description:
We are seeking an Assistant Portfolio Manager to support and report directly to a Portfolio Manager. The successful candidate will play a key role in the day-to-day management of the portfolio and in supporting active trading strategies.
Responsibilities will include:
- Support the Portfolio Manager in the day-to-day management and oversight of the portfolio
- Monitor trades with a focus on risk management, stop-loss and profit targets, and closely track price action
- Assist with trade execution, portfolio rebalancing, FX hedge adjustments, and accurate trade booking
- Support the implementation, monitoring, and performance attribution of active strategies within the portfolio
- Monitor and track key market events and external research, with particular emphasis on generating and sourcing market colour for CEEMEA and Asia
- Contribute to improving investment processes, including through the use of automation (e.g. model-based approaches)
- Build and maintain strong working relationships with execution traders and other portfolio managers locally
Required qualities and skills:
- 2 - 5 years of fixed income trading or front-office investment experience, with a focus on credit, rates and/or FX
- Degree in Economics or a quantitative discipline
- Exceptional academic record, analytical and numerical skills; some knowledge of Python/VBA preferred
- Experience or exposure to CEEMEA/Asia markets
- Ability to work effectively under pressure while maintaining a high level of accuracy and attention to detail
- Self-motivated, highly organised, and proactive in problem-solving
- Strong written and verbal communication skills
- Demonstrated strong work ethic and collaborative team approach
Work status and location:
- Full time in London
Skills Required
- 2 - 5 years of fixed income trading or front-office investment experience, focusing on credit, rates, and/or FX
- Degree in Economics or a quantitative discipline
- Exceptional academic record, analytical and numerical skills; some knowledge of Python/VBA preferred
- Experience or exposure to CEEMEA/Asia markets
- Strong written and verbal communication skills
What We Do
Pharo is a global investment firm focused on macroeconomic trends with an expertise in developing countries. Founded in 2000 by Guillaume Fonkenell, Pharo manages approximately $10 billion across four funds from our offices in London, New York and Hong Kong. We seek to deliver attractive returns to our investors across a wide range of investment strategies. Our team is led by investment professionals who share a deep understanding of both developed and emerging markets which we have gained across multiple market cycles. From the Tequila crisis of 1995 to the global financial crisis of 2008 and the emerging market crisis of 2013-15, our investment team has been recognised for its consistent ability to successfully navigate even the most challenging market conditions.
