Assistant Portfolio Manager – Real Estate
Leeds City Centre/Hybrid Working
Competitive Salary
Border to Coast is looking for an Assistant Portfolio Manager to assist and support the Portfolio Managers with the management of our UK real estate portfolios, in accordance with the Border to Coast investment policy, investment process, procedure and relevant legal or regulatory documentation.
Border to Coast are now in the process of designing for launch of two UK Real Estate Funds. These funds will invest in both direct UK real estate properties and UK real estate funds. This role is suitable to candidates who are looking to gain experience across our UK real estate funds and both direct and indirect real estate assets. The successful candidate will have a specific focus on indirect investments and will gain experience developing and running UK real estate funds from the start.
You will support the Portfolio Managers to set and review the necessary investment parameters to meet the investment objectives of UK indirect real estate sub-funds, utilising external advisers, as necessary. You will provide support with the review of suitable investment opportunities, and support the Portfolio Managers in making investments, working with Legal Advisers and external advisers to ensure appropriate and robust pre-trade due diligence and ongoing portfolio performance. Preparing detailed research to support investment making decisions, you will be responsible for the ongoing review of the performance, attribution, exposure and risk metrics of the sub-fund/portfolio, and work with the Operations team to produce appropriate client reporting, covering returns, risk and ESG factors.
We are looking for an individual who is educated to degree level as a minimum and who has a suitable and current real estate and/or investment management qualification (RICS/IMC/CFA/MBA). You will have relevant experience in investment research and due diligence, demonstrate relevant working familiarity with systems real estate systems such as Argus Enterprise, Horizon, Yardi, HighQ a have a keen interest in, and an understanding of, investment markets and a commitment to responsible investment and sustainability.
With strong written and verbal communication and presentation skills, you will have the ability to read, understand and analyse investment and legal documents for Fund investing and be able to distil a wide range of often conflicting information in a concise and cohesive manner. As with all roles at Border to Coast you will be required to comply with FCA Conduct Rules.
Based in Leeds, Border to Coast Pensions Partnership is an asset manager owned by 11 Local Government Pension Funds with total assets of approx. £55 billion. It is FCA regulated, managing assets (equities, fixed income, alternatives and soon, real estate) through internal and external management. Border to Coast was established in mid-2018.
To find out more about this opportunity, please get in touch with Boarder to Coast’s recruitment partner, MRG.
Christopher Mackenzie
Christopher.mackenzie@mrgglobal.com
07715 114 960
Matthew Evans
Matthew.evans@mrgglobal.com
07854 865017
Border to Coast and MRG are committed to creating a diverse and inclusive workplace. Promoting equality of opportunity for all, through diversity, giving everyone the chance to achieve their potential, free from prejudice and discrimination. To that end, all shortlists will be presented anonymously with no references to nationality, age, or gender. We particularly welcome applications from minority candidates as they are underrepresented within the industry at this level.
The closing date is 9th February 2024.
