Emerging Markets Portfolio Manager - Macro Hedge Fund

Selby Jennings; New York (NY); On-site; USD 300,000 - 700,000; Full time

Job summary

Selby Jennings seeks an Emerging Markets Portfolio Manager to join its New York investment team. You will own a standalone EM portfolio, responsible for idea generation, portfolio construction and risk management, supported by centralized research and execution resources.

This role offers significant autonomy within a collaborative, long-term platform with capital, infrastructure and favorable drawdown parameters. A ramp period of 2+ years is possible as you build and scale the strategy.

Qualifications

• Significant experience investing across Emerging Markets macro.
• Demonstrable experience running risk and constructing a portfolio around an independent investment process.
• Strong understanding of portfolio construction, position sizing and risk management.
• Ability to generate differentiated investment ideas across EM markets and instruments.
• Comfortable operating with a high degree of autonomy while contributing to a collaborative investment culture.
• Suitable for an established PM, or an experienced investor with a demonstrable track record who is ready to take responsibility for a standalone portfolio.

Responsibilities

• Take ownership of a standalone EM portfolio with idea generation, construction and risk management.
• Operate within a collaborative investment environment supported by centralized resources.
• Leverage research and execution support to focus on investment decisions and portfolio management.
• Develop and scale a personal EM strategy over time.

Skills

EM macro

Risk management

Portfolio construction

Position sizing

Investment ideas

Autonomy

Job description

Emerging Markets Portfolio Manager - Macro Hedge Fund

Global Macro Hedge Fund | New York City

We are representing an established global macro hedge fund looking to hire an Emerging Markets Portfolio Manager to join its investment team in New York.

The firm has built a 15+ year profitable track record and a strong reputation as a specialist within Emerging Markets. Unlike the traditional multi-manager / pod model, the fund operates a highly collaborative investment structure, with Portfolio Managers supported by substantial centralized resources across research, analytics and execution.

The firm is looking to add an experienced EM specialist who will be given the capital, infrastructure and autonomy to build and manage a standalone portfolio.

The Opportunity

• Join an established global macro hedge fund with a 15+ year profitable track record and longstanding expertise across Emerging Markets.
• Take ownership of a standalone EM portfolio, with responsibility for idea generation, portfolio construction and risk management.
• Operate within a collaborative investment environment rather than a pod-shop structure, allowing PMs to work alongside the broader investment organization.
• Benefit from extensive centralized support functions across research and execution, allowing the PM to remain focused on investment decisions and portfolio management.
• The fund is comfortable providing its PMs with meaningful risk and offers significantly more favorable drawdown parameters than are typically available across multi-strategy platforms.
• The platform takes a long-term approach to building PM businesses. New hires are given appropriate time to establish their portfolios and can often have 2+ years to become fully ramped.
• Attractive opportunity for a PM looking for greater stability and investment flexibility without sacrificing the infrastructure and resources associated with a sophisticated institutional hedge fund.

Candidate Profile

• Significant experience investing across Emerging Markets macro.
• Demonstrable experience running risk and constructing a portfolio around an independent investment process.
• Strong understanding of portfolio construction, position sizing and risk management.
• Ability to generate differentiated investment ideas across relevant EM markets and instruments.
• Comfortable operating with a high degree of autonomy while contributing to a collaborative investment culture.
• Suitable for an established PM, or an experienced investor with a demonstrable track record who is ready to take responsibility for a standalone portfolio.

Compensation & Structure

Successful candidates will receive:

• Formulaic performance-based bonus tied to portfolio results.
• Attractive risk allocation with preferential drawdown limits relative to traditional multi-strategy platforms.
• A patient capital environment designed to give new PMs sufficient time to build, refine and scale their strategy.

Location

New York City

This is a differentiated opportunity for an EM investor looking to combine the autonomy of running a standalone portfolio with the stability, resources and collaborative environment of an established global macro hedge fund.