Research Analyst (Asset Allocation) London 2023

Janus Henderson is a leading global active asset manager. We exist to help our clients achieve their long-term financial goals. Our team exemplifies our values of putting clients first, acting like owners and succeeding as a team. Our culture is high-energy, collaborative, and forward-thinking with opportunities to grow in an exciting career. We invite you to consider joining our dynamic, global team!

Our culture is the foundation for how we interact with clients and one another as part of our unique, people-focused work environment. We support a flexible hybrid working model that allows teams to build a strong and positive culture by inspiring innovation and increasing collaboration. Currently our hybrid working model allows employees to work 3 or more days in office and the remaining time remotely.

Employees and Managers will discuss and determine what schedule works best for them and the team, with additional flexibility available based on the role, business needs, and individual circumstances. JHI Workplace Practices is subject to change as the future of work within our organization evolves.

Your opportunity

• The primary focus of the role will be on asset allocation research within the Multi-Asset team, with additional responsibilities for further supporting the team’s portfolio managers in a range of areas. The team manages an array of funds, model portfolio services and advisory accounts with varying risk tolerances and methods of implementation.
• The candidate will need a strong interest in financial markets and the flexibility to research a range of different asset classes within the team’s frameworks.
• The candidate should have the ability to contribute effectively within a collegiate environment but with an ability to research independently.
• You will be required to conduct research into a range of asset classes, including equities, fixed income, currencies and commodities, considering both macroeconomic and market-based factors in line with the team’s approach, and also to improve analytical frameworks used for making both tactical and strategic asset allocation decisions.
• You will be expected to generate investment views for potential implementation in client mandates in support of the portfolio managers, in areas such as regional equity tilts, credit rating preferences and currency hedging decisions.
• Communication of investment views and the broader macroeconomic and market backdrop to internal stakeholders, clients and the press will also be a key component of the role. This will include producing and presenting research for the multi-asset team’s weekly and monthly asset allocation research and markets update meetings.
• You will produce written content for communication to both clients and the press on market and economic events, and produce performance and market commentaries for client reports across a range of mandates.
• You may also be asked to help with both regular and ad hoc day-to-day tasks involved in the management of client mandates, including portfolio monitoring, generating performance reports and writing commentaries.
• Carry out other duties as assigned

What to expect when you join our firm?

• Hybrid working and reasonable accommodations
• Generous Holiday policies
• Excellent Health and Wellbeing benefits including corporate membership to ClassPass
• Paid volunteer time to step away from your desk and into the community
• Support to grow through professional development courses, tuition/qualification reimbursement and more
• All-inclusive approach to Diversity, Equity and Inclusion
• Maternal/paternal leave benefits and family services
• Complimentary subscription to Headspace – the mindfulness app
• All employee events including networking opportunities and social activities
• Lunch allowance for use within our subsidized onsite canteen

About you

Must have skills

• A deep interest in both markets and macroeconomic research – please note this is not an economist role
• A strong drive to push beyond the first level in trying to understand what is driving markets day-to-day – you will be expected to work with a reasonable degree of independence and to problem solve effectively
• Experience in researching either equity markets or fixed income and currencies from a top-down, asset allocation perspective
• The flexibility to cover the whole breadth of asset classes (equities, fixed income, currencies & commodities) – the team operate as generalists
• The ability to adapt to and develop the team’s analysis frameworks
• An understanding of the key instruments through which multi-asset portfolios are implemented, such as funds, ETFs, individual equities, individual bonds, futures and forwards
• Experience in obtaining and manipulating market and economic data
• Good communication skills – you will be expected to deliver frequent research output in a range of formats, including both presentations and written content

Nice to have skills

• Experience of researching across all of equities, fixed income, currencies & commodities, covering both developed and emerging market regions
• Experience of working with portfolio managers – please note this is a research role rather than a portfolio management role
• Experience of using both Bloomberg and Refinitiv for retrieving and manipulating data
• Experience in the Python programming language
• Language skills – we have clients around the world that need to be communicated with

Investment areas

• Has responsibility for contributing portfolios within Multi Asset asset class.

Potential for growth

• Mentoring
• Leadership development programs
• Regular training
• Career development services
• Continuing education courses

Knowledge & competence (MiFID II)

• Knowledge of financial markets, financial markets function and the impact of economic figures and national/regional/global events on markets
• Understanding of issues relating to market abuse and anti-money laundering
• Annual attestation

You will be expected to understand the regulatory obligations of the firm, and abide by the regulated entity requirements and JHI policies applicable for your role.

About us

At Janus Henderson Investors we’re committed to an inclusive and supportive environment. We believe diversity improves results and we welcome applications from all backgrounds. Don’t worry if you don’t think you tick every box, we still want to hear from you! We understand everyone has different commitments and while we can’t accommodate every flexible working request we’re happy to be asked about work flexibility and our hybrid working environment. 

Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson at its sole discretion).

All applicants must be willing to comply with the provisions of Janus Henderson Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities.

Applicants’ past political contributions or activity may impact applicants’ eligibility for this position. Janus Henderson is an equal opportunity /Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks.