Position Description:
Assists in managing $900 billion in assets, focusing on asset allocation strategies for both institutional and retail clients. Responsible for coverage of underlying funds used in the investment solutions delivered by investment teams, as well as prospective funds that could be used in the future. Supports the monitoring and analysis of fund performance, attribution, risk, and holdings. Applies expertise across investment solutions, including target date funds, target allocation funds, income and real return strategies, managed volatility strategies, liquid alternative investments, and custom institutional solutions.
Primary Responsibilities:
- Manages due diligence across specified asset classes for existing and prospective funds used in various investment solutions.
- Leads meetings with underlying portfolio managers to discuss investment philosophy and process, strategy objectives, portfolio construction, and performance.
- Develops research conviction, publishes ratings via research reports, and communicates portfolio updates and investment recommendations to team portfolio managers.
- Participates in asset class and portfolio strategy discussions in various investment forums.
- Contributes to asset class initiatives and fulfills ad hoc research requests from investment teams.
- Monitors and identifies potential new investment opportunities that will directly impact portfolio recommendations and client investment returns.
- Liaises with counterpart manager research teams to cover open-architecture funds.
- Meets with clients and consultants to showcase the team's research capabilities and provide updates on underlying fund positioning and performance.
Education and Experience:
Bachelor’s degree in Finance, Economics, Business Administration, Engineering, Computer Science, or a closely related field (or foreign education equivalent) and six (6) years of experience as a Research Analyst (or closely related occupation) performing fundamental investment analysis and fund research on domestic equity, liquid, and illiquid alternative funds.
Or, alternatively, Master’s degree in Finance, Economics, Business Administration, Engineering, Computer Science, or a closely related field (or foreign education equivalent) and four (4) years of experience as a Research Analyst (or closely related occupation) performing fundamental investment analysis and fund research on equity, liquid, and illiquid alternative funds.
Skills and Knowledge:
Candidate must also possess:
- Demonstrated Expertise (“DE”) researching mutual funds and institutional strategies across equity and alternative asset classes by interviewing portfolio managers to assess strategy objectives, investment philosophy and process, portfolio construction, and performance assessment across market cycles; and determining their sources of risk and return, using financial analysis tools -- Factset, Morningstar Direct, and eVestment Analytics.
- DE monitoring and analyzing portfolio performance and risk exposures, attribution, risk and holdings, using analytical tools -- Factset, Morningstar Direct, Bloomberg, and MPI Stylus.
- DE collaborating with portfolio managers by providing portfolio construction recommendations through published fund research reports, quarterly fund reviews, and using tools and databases -- Morningstar Direct, eVestment Analytics, HFRI, and Preqin, for asset class, benchmark and peer group analysis.
- DE collaborating with quantitative analysts, data, or technology teams to create and improve reports in visualization tools (Tableau) to inform fund research and portfolio construction efforts.
Salary: $160,722.00 - $175,000.00/year.
#PE1M2
#LI-DNI
Certifications:Category:Investment ProfessionalsPlease be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Skills Required
- Bachelor's degree in Finance, Economics, Business Administration, Engineering, Computer Science, or closely related field (or foreign equivalent).
- Six years of experience as a Research Analyst performing fundamental investment analysis and fund research on domestic equity, liquid, and illiquid alternative funds (or alternative: Master's degree + four years experience).
- Master's degree in Finance, Economics, Business Administration, Engineering, Computer Science, or closely related field (or foreign equivalent) with four years of relevant experience.
- Demonstrated expertise researching mutual funds and institutional strategies across equity and alternative asset classes, including interviewing portfolio managers and assessing investment process and portfolio construction.
- Experience monitoring and analyzing portfolio performance, attribution, risk exposures, and holdings using Factset, Morningstar Direct, Bloomberg, and MPI Stylus.
- Experience using Factset, Morningstar Direct, eVestment Analytics for asset class, benchmark and peer group analysis (including HFRI and Preqin where applicable).
- Proven ability to develop research conviction, publish ratings and research reports, and communicate portfolio updates and investment recommendations to portfolio managers and clients.
- Experience collaborating with quantitative analysts, data, or technology teams to create and improve reports and visualizations (Tableau).
- Ability to manage due diligence, lead meetings with portfolio managers, participate in asset class and portfolio strategy discussions, and support ad hoc research requests.
Fidelity Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.
-
Strong & Reliable Incentives — Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
-
Retirement Support — A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
-
Parental & Family Support — Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.
Fidelity Investments Insights
What We Do
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.
