Strategy - Associate Principal - Long Term Asset Allocation (UAE National)

Abu Dhabi Investment Council (ADIC); Abu Dhabi; On-site; AED 150,000 - 200,000; Full time

Job summary

Abu Dhabi Investment Council (ADIC) is seeking an Asset Allocation Associate Principal to support the development of its long-term asset allocation framework. This role involves contributing to strategic investment decisions through in-depth macroeconomic research and asset allocation analysis.

The successful candidate will have at least 5 years of relevant experience and a strong quantitative background, ideally with a CFA designation. You will work collaboratively with investment teams to manage a diversified portfolio and provide insights to enhance strategic initiatives.

Qualifications

• Minimum 5 years of relevant experience in asset allocation or investment strategy.
• Strong understanding of macroeconomics and its financial market implications.
• Quantitative analytical skills and investment insight communication.

Responsibilities

• Contribute to the development of long-term macroeconomic outlooks and market narratives.
• Conduct research on asset class developments and their strategic implications.
• Assist in stress testing of strategic asset allocation frameworks.

Skills

Macroeconomic research

Asset allocation analysis

Portfolio construction

Quantitative analysis

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related field

CFA designation or postgraduate qualification

Job description

ADIC is seeking an Asset Allocation Associate Principal to join the Long-Term Asset Allocation team. Reporting to the Director of Long-Term Asset Allocation, the successful candidate will support the development and management of ADIC's long-term asset allocation framework and investment strategy. This role offers the opportunity to contribute to strategic investment decision-making through macroeconomic research, asset allocation analysis, and portfolio construction. The successful candidate will work closely with investment teams across the organization to support the management of a globally diversified portfolio.

Key Responsibilities

• Contribute to the development and maintenance of long-term macroeconomic outlooks, investment scenarios, and market narratives
• Conduct research on secular trends and asset class developments, assessing their implications for strategic asset allocation
• Support the development of forward‑looking return, risk, and correlation assumptions across public and private markets
• Assist in the design, analysis, and stress testing of strategic asset allocation frameworks and portfolio construction methodologies
• Prepare investment research, presentations, and memoranda, communicating insights to internal stakeholders and supporting strategic initiatives across the organization
• Undertake ad hoc research and quantitative analysis to support asset allocation and broader investment strategy decisions

Requirements

Experience

• Minimum 5 years of relevant experience in asset allocation, investment strategy, macroeconomic research, portfolio construction, investment consulting, or a related investment function

Education

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or another quantitative discipline
• CFA designation and/or postgraduate qualification preferred

Technical Skills & Knowledge

• Good understanding of macroeconomics and its implications for financial markets and investment portfolios
• Experience conducting independent market and investment research
• Understanding of expected return frameworks, asset allocation, and portfolio construction methodologies
• Knowledge of the key drivers of asset class returns and risks across public and private markets
• Quantitative analytical skills with the ability to interpret and communicate investment insights
• Familiarity with AI-enabled research tools and emerging applications of artificial intelligence within investment management is advantageous