Portfolio Manager, Emerging Market Macro

Location:London

Job Function:Fixed Income & Multi Asset

Job Type:Permanent

Req ID:17359

GIC is one of the worlds largest sovereign wealth funds. With over 2000 employees across 11 locations around the world we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the worlds industry leaders. As a leading global long-term investor we Work at the Point of Impact for Singapores financial future and the communities we invest in worldwide.

Fixed Income
Our team employs a broad range of investment strategies that span macro credit and quantitative investing including multi-asset benchmark-agnostic constrained indexed and thematic strategies.

Global Macro

We are seeking an experiencedEmerging MarketsPortfolio Manager to join our Global Macro investment team. The successful candidate will be responsible for generating alpha through active management of rates FX and sovereign credit in emerging markets. This is an investment role with P&L accountability and a substantial discretionary risk mandate.

Key Responsibilities

• • Manage a discretionary portfolio across rates FX and sovereign credit translating macro and political-risk conviction into sized hedged portfolio exposures.

  • Identify and implement macro and micro-driven opportunities across yield curves FX pairs and volatility surfaces.

  • Set the regions macro framework by developing views on monetary policy fiscal trajectories and political risk acrossCEEMEA (Central and Eastern Europe the Middle East and Africa)economies and maintain the analytical edge that underpins portfolio decisions.

  • Manage risk with full accountability for position sizing hedging and drawdown management within mandate guidelines and departmental risk parameters.

  • Collaborate with strategists and economists to translate macro themes into actionable trade ideas.

  • Execute trades efficiently across linear and non-linear instruments with diligent delta-hedging capability.

  • Build and maintain a senior external network by engaging central banks policymakers sell-side research and brokers across the region to sustain deal flow and market intelligence.

  • Contribute to cross-regional themes and relative value trades bringing a CEEMEA perspective to broader portfolio construction discussions.

  • Communicate portfolio views performance drivers and risk metrics to senior management and investment committees.

What qualifications or skills should you possess in this role

• • 1015 years experience managing discretionary macro portfolios with deep demonstrated expertise in CEEMEA

  • Strong consistent track record managing a sizeable discretionary portfolio (rates FX and/or sovereign credit) with a disciplined portfolio management framework.

  • Strong macroeconomic foundations in CEEMEA economies central bank policy frameworks and political risk analysis with an established network of senior regional contacts.

  • Strong market acumen with an in-depth understanding of derivatives (swaps futures options) used for hedging and expressing views.

  • Excellent communication skills with the ability to present to CIO-level audiences and articulate complex macro views with clarity and conviction.

  • Demonstrated experience mentoring or managing junior investment professionals.

  • Fluency in English required; additional regional languages (Russian Arabic Turkish etc.) a plus.

Work at the Point of Impact
We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious agile and diverse teams - be empowered to push boundaries and pursue innovative ideas share your views and be heard. Be anchored on our PRIME Values: Prudence Respect Integrity Merit and Excellence which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

Flexibility at GIC
At GIC our offices are vibrant hubs for ideation professional growth and interpersonal connection. At the same time we believe that flexibility allows us to do our best work and be our best selves. Thus our teams come into the office four days per week to harness the benefits of in-person collaboration but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

GIC is an equal opportunity employer

GIC is an equal opportunity employer and we value diversity. We do not discriminate based on race religion color national origin sex gender gender expression sexual orientation age marital status veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment.

Please email at any point of the application or interview process if adjustments need to be made due to a disability.

Learn More
Learn more about our Fixed Income Department here: Experience:

Manager