Portfolio Manager - London

Caxton Associates LP; Greater London; On-site; GBP 150,000 - 300,000; Full time

Job summary

Caxton Associates LP in London seeks experienced Portfolio Managers to oversee capital across macro, equity, and fixed income strategies, contributing to alpha generation. You will develop and monitor investment theses, collaborate with a global team, and drive risk-aware decision-making.

Applicants should have a proven track record and a strong commitment to ethics, with the ability to perform under pressure amid evolving markets and geopolitical developments.

Qualifications

• Minimum 5 years of experience managing capital in a hedge fund.
• Proven track record in portfolio management with Sharpe ratio > 1.5.
• Ability to thrive in a collaborative global team.
• Unwavering commitment to ethics and integrity.
• Strong decision-making under pressure in evolving markets.

Responsibilities

• Independently manage a significant capital allocation with alpha-driven strategies.
• Construct portfolios to generate asymmetric returns with low correlation to broad markets.
• Implement robust risk management and continuously assess positions.
• Collaborate within a global team and share insights to enhance outcomes.
• Ensure compliance with industry regulations and internal risk controls.

Skills

Portfolio management

Capital allocation

Risk management

Collaboration

Ethics

Job description

Company Overview

Caxton Associates, founded in 1983, is a global trading and investment firm with offices in London, New York, Singapore, Monaco, Dubai and Bengaluru. Caxton Associates’ primary business is to manage client and proprietary capital through multiple liquid global hedge fund disciplines. Our broad mandate allows us to trade across global markets and instruments, with a strong focus on alpha generation for our clients.

Requirements

The Role

Caxton Associates is seeking experienced Portfolio Managers across a range of strategies; including but not limited to:

• Discretionary Macro
• Emerging Markets Macro
• Equity Long/Short
• Event-Driven
• Fixed Income Relative Value
• Medium-Frequency Systematic
• Commodities

In this role, you will be responsible for managing a significant capital allocation, implementing rigorous risk management, and contributing to our collaborative, research-driven environment. Within our organization, we place a high value on collaboration, promoting regular and ongoing discussions about global macroeconomic trends, geopolitical developments, and the evolution of financial markets. We seek out professionals who can generate unique insights within their investment universe, contribute to the firm’s broader strategic outlook, and leverage collective knowledge to generate alpha.

Key Responsibilities

• Independently manage a significant capital allocation by creating, executing, and monitoring an alpha-driven investment strategy.
• Construct portfolios designed to generate asymmetric returns with minimal correlation to traditional capital markets by identifying and capitalizing on variant market views.
• Implement robust risk management, continuously assessing the merits of all positions and investment theses.
• Collaborate effectively within a global team environment, learning from and adding value to collective insights and expertise.
• Ensure strict compliance with all industry regulations and internal risk controls.

Requirements

• Proven track record in portfolio management, demonstrated by strong investment acumen and a Sharpe Ratio greater than 1.5.
• A minimum of 5 years of experience managing capital preferably within a hedge fund.
• The capacity to thrive in a highly collaborative global team, with a strong desire to learn from and alongside other investors.
• Unwavering commitment to the highest standards of ethics and integrity.
• Exceptional decision-making abilities, with the capability to perform under pressure and adapt to evolving market conditions.

If you're an experienced portfolio manager passionate about collaboration and financial markets, we'd love to connect with you.