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VN-7255
Permanent
One Coleman Street, London
Competitive + Benefits + Bonus
1 January 2018
The position is for a self-motivated and pro-active senior asset manager to work on Legal & General’s Life Fund
Job Title: Senior Asset Manager - Life Fund
Department: LGIM Real Assets
Reports to: Senior Fund Manager, Life Fund
Job Summary: The position is for a self-motivated and pro-active senior asset manager to work on Legal & General’s Life Fund
The Life Fund is a mature fund with commercial property assets totalling £900m, invested across all sectors, both directly and indirectly. The Fund is currently targeted to outperform its MSCI Benchmark, and deliver the Client’s sales programme. The Fund has a strong long term performance record, and a history of consistent and excellent added value through creative asset management, and sales delivery.
The successful candidate will be instrumental in driving performance in one of Legal & General’s flagship Funds and will have plenty of scope for career development in a challenging and rewarding role.
Key Accountabilities
- Maximise performance from the individual's portfolio of assets which will provide exposure to a diverse range of direct offices, industrial and retail assets and an element of indirect industrials held within the Industrial Property Investment Fund.
- Assist in the preparation of the Annual Fund Strategy, and Quarterly Reports and Presentations, to include asset and fund return modelling
- Identify and execute value add initiatives across the assets
- To secure strong outcomes through leasing of voids, rent reviews, and lease renewals / expiries, managing external advisors as required.
- Research, model and carry out due diligence on asset transactions
- Support the Fund Manager in discussions with the Fund’s valuers
- Manage the Fund’s managing agents and solicitors
- Assist in the sourcing of appropriate investment and development opportunities
- Assist in Fund reporting both internally and externally
- Develop and maintain good contacts with key advisors, landlords and tenants
Requirements
- Excellent academic background, with a numerical aptitude, strong A levels and a degree (which may be non-cognate) and MRICS qualified
- Good attention to detail, with a clear, accurate, concise reporting style for both verbal and written communications
- An experienced and senior asset manager with a strong awareness of this function, together with good investment acumen
- An driven, focussed, pro-active and creative approach, with the drive to follow through on delegated tasks and the ability to self-start on new initiatives
- A strong track record of experience within the retail, office and industrial sectors
- An innovative approach to identifying and implementing ways to release value from existing assets
- IT literate with a good working knowledge of Argus Investor and Developer and Excel
- Highly organised with the ability to prioritise effectively
- A team player
Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday, private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.
About L&G
Legal & General Investment Management is one of Europe’s largest asset managers and a major global investor, with total assets of GBP 957 / EUR 1,090 / CHF 1,191 billion*. We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors
Throughout the past 40 years we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including fixed income, equities, commercial property and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.
*as at 30 June 2017, including derivative positions and advisory assets. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor.
About the business area
LGIM manages fixed income, equity, multi-asset, liability-driven investment, property and alternative solutions on behalf of its clients. Located across the globe, our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. In order to meet the complex and evolving investment needs of our clients, we focus on remaining at the forefront of investment product innovation and maintaining our reputation as experts across all asset classes.