Purpose
The Investment Manager will:
• Lead manager sourcing and due diligence across absolute return and equity sub-strategies
• Structure managed accounts and bespoke mandates
• Reallocate capital into higher-alpha strategies aligned with portfolio objectives
• Strengthen resilience within the Asset Management team
• Support performance oversight and active portfolio management
Responsibilities & Duties
1. Manager Sourcing & Origination
• Identify, source, and evaluate global investment managers across:
o Alpha transport strategies
o Market neutral strategies
o Equity extension strategies
o Hedged equity strategies
• Maintain strong institutional relationships with consultants, peers, and managers
• Proactively identify diversification opportunities to reduce single-manager concentration risk
2. Due Diligence & Investment Assessment
• Conduct full investment, operational, and risk due diligence independently
• Build and review advanced financial models and performance attribution analyses
• Evaluate strategy robustness, alpha sustainability, and scalability
• Assess portfolio construction, factor exposures, liquidity profile, and risk controls
• Prepare detailed investment memoranda for internal review
3. Mandate Structuring & Execution
• Structure and negotiate managed accounts and fund allocations
• Lead execution processes from approval to funding
• Coordinate with Legal, Operations, and Risk to finalize documentation
• Manage capital deployment for ring-fenced allocations (e.g., USD 600m Alpha Transport allocation)
• Ensure optimal ticket sizing and manager diversification (e.g., USD 200m mandates)
4. Portfolio Monitoring & Performance Oversight
• Monitor performance, risk exposures, and alpha delivery
• Review manager reporting and fair value estimates
• Conduct periodic strategy reviews and performance diagnostics
• Respond to underperformance with structured engagement plans
• Recommend manager exits, reallocations, or mandate changes where appropriate
5. Governance & Committee Reporting
• Present investment recommendations to Investment Committees
• Prepare periodic performance and attribution reports
• Ensure all documentation meets EIA governance and audit standards
• Maintain databases of prospective and rejected investments
6. Team Contribution & Resilience
• Provide mentorship and technical guidance to Investment Analysts
• Support team knowledge development in absolute return and alpha transport strategies
• Contribute to team resilience and reduce key-person dependency risk
Requirements
Qualifications & Experience
Education
• Bachelor’s degree in finance, Economics, Business, or related discipline
• MBA or equivalent postgraduate qualification preferred
• CFA or equivalent professional designation strongly preferred
Experience
• 10+ years of institutional investment experience
• Significant experience in manager selection and portfolio construction
• Demonstrated expertise in:
o Absolute return strategies
o Alpha transport strategies
o Market neutral mandates
o Equity extension structures
• Experience structuring and managing managed accounts
• Experience within:
o Sovereign wealth funds
o Pension funds
o Asset managers
o Institutional investment consulting firms
Technical Skills
• Advanced financial modeling and performance attribution analysis
• Strong understanding of portfolio construction and risk-adjusted returns
• Familiarity with hedge fund and alternative strategy structures
Skills Required
- Bachelor's degree in Finance, Economics, Business, or related discipline
- MBA or equivalent postgraduate qualification
- CFA or equivalent professional designation
- 10+ years of institutional investment experience
- Significant experience in manager selection and portfolio construction
- Demonstrated expertise in absolute return, alpha transport, market neutral, and equity extension strategies
- Experience structuring and managing managed accounts and bespoke mandates
- Experience working at sovereign wealth funds, pension funds, asset managers, or institutional investment consulting firms
- Advanced financial modeling and performance attribution analysis
- Strong understanding of portfolio construction and risk-adjusted returns
- Familiarity with hedge fund and alternative strategy structures
What We Do
The Emirates Investment Authority (EIA) is the federal sovereign wealth fund of the United Arab Emirates, established in 2007. It is mandated to strategically invest federal assets to create long-term value for the UAE and contribute to the country's future prosperity.
