Senior Analyst, Global Equities

London |

Employer: Local Pensions Partnership Investment
Sector/Specialism: Other

About LPPI (-%About LPPI)

Local Pensions Partnership Investments Ltd (LPPI) is a wholly-owned investment subsidiary of Local Pensions Partnership (LPP). LPPI manages £18.5bn of pension assets for local government pension schemes (LGPS), with full delegation for the selection, monitoring and management of fund managers, and implementation of investment strategy on clients’ behalf. Since its launch in April 2016, LPPI has successfully designed and launched a suite of asset class-based investment funds which can be utilised to deliver clients’ strategic asset allocations. LPPI’s investment professionals are seasoned global investors whose experience span assets classes and investment styles, with deep buy/sell side asset management and capital markets experience.

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently we invited our entire workforce to describe in three words what is great about us and they said - our people, flexibility and collaboration.

Role Purpose (-%Role purpose)

The candidate will form part of the direct public equity investment team at LPP.
The team manages two direct global equity strategies:

• A concentrated Large Cap Quality Growth portfolio; and
• A concentrated SMID Cap Global Quality Growth Portfolio.

Both portfolios are concentrated (c. 30 stocks), with long term horizons and benchmark agnostic approach to construction.

The candidate will work across both portfolios, researching companies for potential investment as well as being responsible for monitoring a number of existing holdings in each portfolio.
The role offers the opportunity to work in small and collegiate group of other generalist research analysts and portfolio managers on strategies that are core to LPPI’s equity asset allocation (c.£4.5bn in combined AuM).

Key Responsibilities (-%Key responsibilities)

• Work closely with colleagues in the Global Equity team to identify and research sectors and induvial companies across a range of sectors
• Become intimately knowledgeable of the companies that the candidate is responsible for monitoring in both portfolios, to facilitate decision making by the relevant Portfolio Manager
• Engagement with portfolio companies and develop relationships with company management and research providers
• Improve understanding, evaluation and integration of material ESG factors into investment decisions
• Support the wider team in all aspects of investment research, trade execution, administration and operational activities as directed
• To continually develop both knowledge and skill in the equity investment arena by maintaining up to date information in relation to market developments
• Actively support LPP’s equality programme, both internally and externally, along with all other corporate policy initiatives, as directed.


Requirements for the role (-%Requirements for the role)

• Significant demonstrated equity analytical experience gained within a relevant and similar organisation
• Thorough understanding of fundamental analysis, including comprehension of business models and valuation principles
• Degree level educated
• Ideally CFA qualified or working towards completion of CFA or other related qualification and willing to study further as necessary
• Good level of numerical, analytical and report writing skills including a working knowledge of MS office tools to assist in the communication of key messages and to facilitate discussions and decision making.
• To be a proactive, self-motivated team player who has the ability to manage a high personal workload with multiple deadlines.
• Ability to work independently and communicate effectively with Portfolio Managers
• Ability to conduct in-depth research papers that cover all key aspects of the LPPI investment philosophy
• Ability to build, develop and maintain internal financial models for individual companies
• Contribute to periodic reporting processes and other reports as required and/or directed by senior team members
• Prioritize effectively, and handle ad-hoc requests from various team members
• Eager and have a willingness to go above and beyond what is typically required on the job and the ability to think critically and make appropriate decisions
• A strategic, analytical, and practical commercial mindset
• To share our passion about equity investing
• Knowledge of ESG concepts and ability to synthesize analysis in a practical way
• Conscientiousness: A keen eye for detail and a strong commitment to quality
• Effective communication skills including the ability to influence and build good working relationships at all levels both internally and externally
• Capability to develop and follow an investment process based on sound principles and demonstrable conformance therein
• The ability to build positive and productive working relationships with internal and external partners as required
• An understanding of the breadth of the diversity agenda including embedding good practice and an understanding of LPP’s commitment to combating discrimination and promoting equality of opportunity
• High standards of ethics and integrity


Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.