Job Description:
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.
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Certifications:
Category:
Investment Professionals
Please 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.