Investment Analyst - Alternatives

LGPS Central; Wolverhampton; On-site; GBP 40,000 - 56,000; Full time

Benefits offered by this job

Pension scheme

Company Day

Hybrid working

Health & wellbeing support

Cycle to Work

Employee Assistance Programme

Private medical insurance

EV scheme

Diversity & Inclusion awards

Job summary

LGPS Central is seeking an Investment Analyst in Wolverhampton to contribute across the investment function, delivering high-quality research and supporting long-term, well-governed outcomes across major asset classes.

You will work with Portfolio Managers in alternatives and hedging solutions, perform financial and qualitative analysis, maintain models and data, and assist governance reporting in a FCA-regulated environment.

Qualifications

• Experience supporting investment processes within asset management, pensions or financial institutions.
• Understanding of investment principles, portfolio construction and the risk-return trade-off across multiple asset classes.
• Demonstrated ability to analyse investments and clearly document rationale and outcomes.
• Strong analytical and numerical skills with high attention to detail.
• Well organised, proactive and able to manage multiple priorities.
• High standards of professional ethics, integrity and judgement.
• Strong interpersonal and communication skills, across teams.
• Awareness of responsible investment and stewardship concepts and their relevance to long-term investment outcomes.

Responsibilities

• Deliver high quality research and analysis to support investment decisions across the asset class universe.
• Support portfolio Managers in analysis, evaluation and monitoring of investments across LGPS Central’s full asset class universe.
• Assist in sourcing, assessment and recommendation of new investments in line with strategies and processes.
• Maintain accurate models, datasets and records to support oversight and decision making.
• Contribute to quarterly and annual reporting for funds and governance forums.
• Support integration of responsible investment and stewardship across activity.

Skills

Investment analysis

Analytical ability

Attention to detail

Communication skills

Teamwork

Education

Bachelor's degree

IMC/CFA desirable

Job description

Join LGPS Central at a pivotal moment—where investment meets long term impact.

Based in Wolverhampton, the Investment Analyst is a core contributor across LGPS Central’s Investment function, supporting the delivery of high-quality, well governed and long-term investment outcomes across all major asset classes used in institutional investment portfolios.

‘Fit for the Future’ is strengthening expectations around pooling, governance, transparency and the role of pools in implementing investment strategy. Alongside this, government proposals set out a clearer framework for strategic asset allocation across nine high level asset class buckets, including an ‘Other Alternatives’ bucket.

We are building analyst capacity across these nine asset class buckets to support stronger decision making, better value for money, and consistent delivery at scale. From day one, you will be part of critical work that matters.

This role offers broad exposure across strategies, structures and governance arrangements within a collaborative and FCA regulated environment.

What you'll be doing:

Deliver high quality research and analysis to support investment decisions across the Alternatives (diversifying hedge funds, ILS and other absolute return strategies) and Hedging Solutions (e.g. currency hedging, equity protection, LDI, gold).

Investment analysis and support

• Support Portfolio Managers in the analysis, evaluation and monitoring of investments across LGPS Central’s full asset class universe
• Assist in the sourcing, assessment and recommendation of new investments in line with agreed strategies and processes
• Undertake financial, qualitative and commercial analysis and clearly document investment rationale
• Support portfolio construction, implementation activity and ongoing portfolio monitoring
• Contribute to the launch, maintenance and review of internal and externally managed funds and mandates

Performance, monitoring and reporting

• Contribute to the production of regular portfolio, performance and risk reporting
• Support quarterly and annual reporting for Partner Funds and internal governance forums
• Assist in analysing performance, risk metrics and outcomes relative to objectives and benchmarks
• Maintain accurate models, datasets and records to support effective oversight and decision making

Responsible investment and stewardship

• Support the consistent integration of responsible investment and stewardship considerations across all investment activity
• Consider ESG, sustainability and stewardship factors as part of investment analysis, due diligence and ongoing monitoring
• Support stewardship activity, engagement monitoring and reporting where relevant to the strategy or asset class
• Work collaboratively with the Responsible Investment team to ensure alignment with firmwide policy and regulatory expectations

Risk, compliance and governance

• Ensure adherence to LGPS Central’s Risk and Compliance Framework throughout all stages of the investment process
• Support transparent, auditable and well documented investment processes
• Assist with preparation of materials for Investment Committees and other governance forums
• Identify and elevate risks, issues or breaches in a timely and appropriate manner
• Team contribution and development
• Take ownership of allocated projects, delivering to agreed timelines and quality standards
• Build effective working relationships across investment teams and the wider organisation
• Contribute to a culture of high performing, collaborative, research driven and responsible investing
• Support knowledge sharing and, where appropriate, the development of more junior colleagues

About us

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.

LGPS Central’s Partner Funds are:

• Suffolk County Council

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.

LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i10, Railway Drive in September 2026, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds

Requirements:

• Experience supporting investment processes within asset management, pensions or a financial institution
• Understanding of investment principles, portfolio construction and the risk return trade-off across multiple asset classes
• Demonstrated ability to analyse investments and clearly document rationale and outcomes
• Strong analytical and numerical skills with high attention to detail
• Well organised, proactive and able to manage multiple priorities
• High standards of professional ethics, integrity and judgement
• Strong interpersonal and communication skills, with the ability to work effectively across teams
• Awareness of responsible investment and stewardship concepts and their relevance to long-term investment outcomes

Qualifications:

• Bachelor's degree in Business Management, Finance or related field
• IMC gained and working towards CFA qualification or similar, or relevant investment experience would be an advantage

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

• An enhanced and generous Pension Scheme
• An extra paid Company Day in addition to paid holidays
• Welfare and Family friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme 247 Health & Wellbeing Support
• Vitality Private Medical Insurance
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme
• Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
• Winner of Diversity and Inclusion Award LAPF In Investments Award 2023