Job description
APG manages over €500 billion in pension assets for pension funds. APG provides the pension for one in five
families in the Netherlands. APG plays a leading role in the pension sector, and focuses strongly on the transition towards sustainable investing.
You will be working within the External Strategy Management team (ESM). In February 2020, the ESM team
started as a separate team within APG asset management with the objective to ensure an independent assessment of external managers at strategy level. All external manager selectors for liquid asset classes and Alternative Alpha (a.o. hedge funds) have been centralized within ESM. The current team is composed of 30 investment professionals.
APG is looking for a portfolio manager for its ESM/Fixed Income sub-team. This team is responsible for the management of liquid fixed income strategies, using external managers for both DM and EM strategies, encompassing both IG and HY instruments as well as derivatives. The total assets are approximately $ 23 bln as per ultimo 2023. In your role you will learn all about the diverse aspects of investing in fixed income funds across the credit spectrum. You will get a chance to work at a leading responsible investment manager and alongside experienced professionals in this area.
Primary Responsibilities
- Support the team in the day-to-day operations such as
- Index modification
- allocation process, incl. amendments of legal documents
- report writing and performance validation
- reconciliation
- manager monitoring
- You will perform desk research & in-depth analysis of external fixed income managers focusing on
- Product, People, Process, Performance, Price, Planet
- Participation in Operational Due Diligence meetings
- Work with other teams in the organization among others: Risk, Responsible Investing, Legal, Operations and Research.
- Contribute to the aspirations of the team and APG on digitalization and be a global leader in responsible investing.