Equity L/S Portfolio Manager

3 days ago


London, United Kingdom Caxton Investments Llp Full time

Company Overview:

Caxton Associates, founded in 1983, is a global trading and investment firm with offices in London, New York, Monaco, Singapore, and Dubai. Caxton Associates’ primary business is to manage client and proprietary capital through multiple liquid global hedge fund disciplines, including discretionary macro, systematic macro, emerging markets macro, systematic trading, equity long-short, and event-driven strategies. Assets are managed via a broad mandate to trade in a variety of global markets and instruments with a focus on alpha generation for our clients.

The Role:

Caxton Associates is seeking experienced Portfolio Managers specializing in Equity Long/Short strategies. In this pivotal role, you will be entrusted with managing a significant capital allocation and overseeing rigorous risk management across all active positions.

In our organization, we place a high value on collaboration, promoting regular and ongoing discussions about global macroeconomic trends, geopolitical developments, and the evolution of financial markets. Professionals who can extract key insights from their investment universe to inform and shape the broader team's perspective and leverage this collective knowledge to generate alpha within their mandate will find this is the perfect platform for their talents.

Key Responsibilities:

  • Independently manage a significant capital allocation by creating, executing, and monitoring an Equity Long/Short strategy.
  • Construct portfolios with a focus on maintaining low net delta, balanced factor and industry exposure, and high idiosyncratic risk attribution.
  • Conduct thorough market and industry research, fundamental business analysis, and business cycle research.
  • Implement stringent risk management, actively assessing the merits of all positions and investment theses.
  • Collaborate effectively within a global team environment, learning from and adding value to collective insights and expertise.
  • Ensure strict compliance with all industry rules, regulations, and internal company policies.

Requirements:

  • Proven track record in Equity Long/Short, demonstrated by robust investment acumen and a Sharpe Ratio greater than 1.5.
  • A minimum of 5 years of experience in portfolio management, preferably within a hedge fund.
  • Proficiency in financial modelling, sector analysis, business structure analysis, and conducting business cycle research.
  • Demonstrated expertise in the industries and/or regions of focus, as well as risk management techniques for equity portfolios.
  • Humility and the capacity to thrive in a highly collaborative global team, with a strong desire to learn from and alongside other investors.
  • Unwavering commitment to the highest standards of ethics and integrity.
  • Exceptional decision-making abilities, capable of performing well under pressure.

Application Instructions:

To apply, please submit your CV, a detailed account of your investment track record (including evidence of a Sharpe Ratio greater than 1.5), and a comprehensive outline of your proposed investment strategy and process. If you're an experienced portfolio manager with a passion for collaboration and a keen interest in financial markets, we'd love to connect with you.

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