Description

Investment Philosophy & Approach

Newfleet Asset Management is an active fixed income investment manager focused on fundamental, research-driven portfolio management across multi-sector and sector-oriented fixed income strategies. The firm's investment approach emphasizes consistent, risk-adjusted return generation, with a strong focus on capital preservation, income, and disciplined risk management across market environments.

Newfleet employs a team-based structure where portfolio responsibilities are shared among experienced Portfolio Managers and supported by integrated credit research, macro analysis, and portfolio construction expertise.

Key elements of Newfleet's investment approach include:

1. Fundamental security selection supported by rigorous internal credit research.
2. Active, multi-dimensional risk management with ongoing monitoring of duration, yield curve exposure, credit risk, liquidity, and portfolio concentrations.
3. A collaborative Portfolio Manager and Analyst framework that promotes independent viewpoints, debate, and shared accountability.

Portfolios are managed with a long-term orientation and are continuously reviewed to ensure alignment with stated investment objectives, guidelines, and risk parameters. Team stability, documented processes, and intentional succession planning are integral to Newfleet's ability to deliver consistent outcomes for institutional and intermediary clients over time.

Role Overview

Newfleet Asset Management is seeking an experienced Portfolio Manager to join its London-based investment team as a Portfolio Manager on established strategies currently managed by David Scott and Simon Lau. This role is part of Newfleet's intentional team-depth planning and is designed for a seasoned investment professional with a demonstrated track record in fixed income and/or multi-sector portfolio management.

The successful candidate will partner closely with existing Portfolio Managers, Analysts, and Trading to support portfolio construction, risk management, and investment decision-making across one or more strategies. This is a hands-on investment role with meaningful accountability, operating within Newfleet's collaborative, risk-controlled investment framework.

Key Responsibilities:

Portfolio Management & Investment Decision-Making

1. Serve as a co-Portfolio Manager on assigned fixed income strategies including Multi-Asset Credit, LDI Plus and LDI strategies. Contribute to security selection, sector allocation, and portfolio construction.
2. Participate in investment committee discussions, idea generation, and portfolio decision-making.
3. Provide independent investment views while operating within Newfleet's team-based PM framework.

Risk Management & Portfolio Construction

1. Monitor portfolio risks including duration, yield curve exposure, credit risk, liquidity, and sector concentrations.
2. Ensure portfolios remain aligned with investment objectives, guidelines, and client mandates.
3. Partner with Risk and Compliance teams to support governance and oversight.
4. Contribute to a culture of constructive challenge and accountability.

Research & Trading

1. Collaborate with internal research teams to evaluate asset classes and macro themes.
2. Translate research insights into actionable portfolio positioning.
3. Work closely as part of Trading to execute portfolio changes efficiently.

Client & Business Support

1. Support client, consultant, and due diligence meetings as needed.
2. Contribute to performance attribution, portfolio reviews, and investment commentary.

Ideal Qualifications:

1. Bachelor's degree required, advanced degree a plus.
2. CFA charter holder strongly preferred.
3. Minimum 8-10 years of portfolio management experience, including significant experience in passive or active fixed income and/or multi-sector portfolio management.
4. Ideal candidate would have significant passive, index replication and/or LDI experience seeking an opportunity to become more involved in actively managed portfolios.
5. Prior experience as a Portfolio Manager or senior investment professional with portfolio responsibility and a deep understanding of global fixed income markets, portfolio construction, and risk management.
6. Demonstrated success operating within a co-PM or team-managed investment structure.
7. Strong collaboration, communication skills, and a disciplined, process-driven approach to investing.
8. Strong technical skillset including experience automating and enhancing workflow, portfolio optimization, data analysis and basic programming abilities (VBA, SQL, Python).

Work Authorization and Compensation

This position is based in London, United Kingdom. Candidates must have the unrestricted right to work in the UK. Newfleet Asset Management is not able to sponsor new work authorization for this role but may consider the transfer of an existing UK work visa, subject to applicable regulations.

Compensation will be competitive and commensurate with experience and qualifications. In line with UK market practice, a specific compensation range is not disclosed. Total compensation may include base salary, discretionary incentive compensation, and participation in long‑term incentive programs, as applicable.