Associate Portfolio Manager Program - London
At a glance
Manager-level Investment & Corporate Development role at Caxton Associates. London · full-time · no salary stated · we estimate £46,875–£133,161.
Caxton Associates has not published a salary for this role. The figure below is our estimate, not theirs.
financeroles summary, based on the employer's posting.
What you'll do
- Build and refine an investment strategy, using the program’s training to develop your investment skills
- Work toward progressing into a senior portfolio manager role through the two-year program
- Submit a detailed outline of your proposed strategy and a track record if you have one
What you bring
- You have three to ten years in asset management, hedge funds or market making
- You bring expertise in your proposed strategy and its markets, ideally with experience putting that strategy into practice
- You can work on your own and with stakeholders, and show a willingness to keep developing
Who this fits
This London-based, on-site role suits buy-side investors, sell-side trading talent or quantitative analysts seeking a path toward portfolio management. You’ll need to bring an investment strategy proposal as part of your application.
From the employer
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 global macro hedge fund strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments.
Requirements
At Caxton Associates, we have a longstanding tradition of nurturing premier investment talent. Our commitment to professional development led to the creation of the comprehensive two-year Associate Portfolio Manager (APM) Program in 2012. This program is an exceptional pathway for high-potential buy-side investors, outstanding sell-side trading talent, or world-class quantitative analysts across a spectrum of hedge fund disciplines, including discretionary macro, systematic macro, emerging markets macro, systematic trading, equity long-short, and event-driven strategies.
The APM Program offers immersive exposure and intensive training, refining participant's investment skills with the ultimate objective of enabling advancement to a senior Portfolio Manager position within Caxton. Over a quarter of our current Portfolio Managers, many of whom are now our most respected PMs, have risen through this very program, underscoring its success.
We are currently seeking candidates with a level of experience between 3 to 10 years in either asset management, hedge funds and/or market making. The ideal candidate should have expertise in, and ideally direct experience implementing, the proposed investment strategy and related markets. We appreciate entrepreneurial risk-takers with a desire to build and grow their investment strategy. The ability to work both independently and collaboratively with various stakeholders is crucial, as is a demonstrated capacity for continuous growth and evolution.
If you harbor an unwavering passion for the financial markets, possess a strong work ethic, and meet the above criteria, we invite you to apply. Please submit your CV, investment track record (if available), and a detailed outline of your proposed investment strategy. A comprehensive strategy outline is a critical component of your application.
We eagerly anticipate the opportunity to explore your potential and welcome your contribution to the continuing legacy of Caxton.