- Senior
- Oficina en Melbourne
About Future Fund
At the Future Fund, we’re for future minds – like yours. The new investors and creators who thrive on different thinking and doing it together. Those who glimpse opportunity before it strikes and step up every day to grab it.
The Future Fund is Australia's Sovereign Wealth Fund, managing over $310 billion across seven public asset funds with the same purpose: growing Australia’s future. We are a global investor and work closely with world leading investment organisations to access the best investment ideas.
Where others see challenges, we see more interesting investment experiences. Every person, every skillset, every mindset is an asset. We’ve got every future generation to consider, yet our approach to investing is incredibly pure: we think about it deeply, and daily. Ours is a culture where great people grow the future together, with the rare ability to work collaboratively, think freely, and make a real difference.
Are you Futureminded? Let’s create what’s next.
The Opportunity
The Alternatives portfolio seeks to produce attractive absolute returns independent of broad asset market directionality, from either active manager skill (alpha) or non-core asset class risk premia. It aims to improve total portfolio resilience, consistent with the Future Fund’s ‘one team, ‘one portfolio’ approach.
The Alternatives team covers a broad spectrum of active investing activity through a stable of external managers, primarily focusing on hedge fund strategies. The Director of Alternatives will contribute significantly to the ongoing development and implementation of the portfolio. The Director should be experienced in portfolio management, with a solid practical background and expertise in hedge fund strategies. Significant knowledge of the industry, and an understanding of trends and opportunities within the context of the external environment, will also be expected.
The role requires the ability to communicate and collaborate with other business units in the Agency, in addition to key external partners. The Director is expected to leverage insights from managers and other external partners to contribute to the broader strategic portfolio construction process across the entire fund. The role also requires exceptional leadership skills.
Tasks & Responsibilities
Portfolio construction and monitoring
Work closely with the Executive Director of Alternatives on developing the strategic direction for the Alternatives program.
Lead initiatives which maintain best practice investment and monitoring processes for the portfolio. Be a thought leader and contributor to investment strategy improvements.
Work closely with senior and junior team members to take ideas to portfolio implementation. Lead workstreams in investment analysis and research, portfolio flows, transactions and portfolio planning.
Manage external relationships
Source and maintain deep relationships with external stakeholders including investment managers, relevant peers, research and service providers, and other industry participants.
Develop and harness insights from external networks to facilitate and support the formation of strategic views for the total portfolio.
Participate in external events and discussion and promote our status as a preferred investment partner.
People Leadership
Work with the Executive Director of Alternatives to help manage, motivate, mentor and direct members of the team, developing their skills and capabilities to meet the needs of the organisation.
Provide active leadership and guidance across the Agency and be a role model for the organisation’s desired culture, values and behaviours.
Assist with recruiting people, where required, to address new needs and skills gaps.
About You
Qualifications
University degree in appropriate field preferred.
CFA qualification or similar also valued.
Knowledge and Experience
A dedicated and highly analytical individual with demonstrated experience managing investment portfolios and strategies relevant to the Alternatives universe.
A solid technical understanding across the spectrum of hedge fund strategies.
A strong and well-proven understanding of capital markets and risk allocation, and an appreciation of “whole of fund” issues in portfolio construction.
Demonstrated experience effectively working with, and preferably leading, other expert investment professionals.
Likely to come from an investment manager, large asset owner, investment bank, portfolio consultant, or hedge fund.
Please note that this opportunity is only open to APS employees and you must be an Australian citizen.
We Are For Everyone
At Future Fund, we are better for our differences. Every person, every skillset, every mindset is an asset. We want everyone to feel comfortable bringing their authentic selves to work. Which is why we’re looking for future minds like yours. Your past experiences help us expand our collective knowledge, add value and create something better. When doing your job means Australia has more money to invest in renewables, education, healthcare and medical breakthroughs – there’s a tangible impact to what we do. And we want you to be part of it.
Are you Futureminded? Learn more about us at our LinkedIn Life page.
The Future Fund acknowledges the Traditional Custodians of the lands and waters on which we live and work. We pay respect to Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples as we work to create meaningful change for reconciliation.
Job Posting End Date
