Head of Index Investments
The Head of Passive Investment will lead the client’s passive investment platform, overseeing index-tracking funds, ETFs, and rule-based portfolios. The role is responsible for ensuring efficient portfolio replication, minimizing tracking error, optimizing costs, and maintaining robust liquidity management, while ensuring full compliance with regulatory requirements and investment mandates.This position will also drive innovation in passive investment solutions and strengthen the client’s competitive positioning across indexed and systematic strategies.
Investment Strategy & Portfolio ManagementLead the development and execution of passive investment strategies aligned with benchmark indices and client mandatesOversee index replication methodologies including full replication, sampling, and optimization techniquesManage portfolio rebalancing in line with index changes, inflows/outflows, and corporate actionsMonitor portfolio performance versus benchmarks, ensuring adherence to risk parameters and mandatesOversee tracking error management and implement improvements to replication accuracy
Product & Platform OversightOversee the management and performance of ETFs and index funds on the client’s platformDrive new product development across passive strategies, including smart beta and thematic solutionsReview fund documentation, including prospectuses and regulatory filingsSupport innovation in indexed and systematic investment offerings
Trading, Liquidity & Cost OptimizationEnsure efficient execution and liquidity management across portfoliosCoordinate with market makers and authorized participantsOptimize transaction costs, custody expenses, and overall operational efficiency
Risk, Compliance & GovernanceEnsure compliance with CMA regulations, internal investment policies, and fund mandatesMonitor key risks including tracking error, liquidity risk, counterparty risk, and operational riskWork closely with Risk, Compliance, and Operations to ensure strong controls and reporting frameworks
Performance & ReportingOversee performance attribution analysis and benchmarking reviewsDevelop and track KPIs relating to fund efficiency, cost competitiveness, and replication accuracyDeliver regular investment reporting to senior management and clients
Client Engagement & Market PositioningPartner with Wealth Management teams to position passive products to institutional and retail clientsSupport client meetings and RFP processes for passive and indexed mandatesProvide thought leadership on passive investing trends, index developments, and market dynamics
Leadership & Team ManagementSet clear objectives and KPIs for team members and ensure delivery against performance targetsLead, mentor, and develop investment professionals within the teamIdentify training and development needs to enhance team capabilityFoster a high-performance culture aligned with best-in-class asset management standards
Qualifications & ExperienceEducationBachelor’s degree in Finance, Business, or a related fieldCME certification preferred
Experience10–12 years of experience within asset management, with a strong focus on passive investment strategies
Skills & ExpertiseDeep expertise in index investing, ETFs, and portfolio replication methodologiesStrong understanding of capital markets, trading, and liquidity managementProven experience in tracking error analysis and performance attributionKnowledge of CMA regulations and fund governance frameworksStrong analytical and quantitative skillsetExperience with financial modelling and portfolio optimisation toolsDemonstrated leadership experience managing investment teams
