Portfolio Manager, FOF

Shanghai
Permanent
Full-time

1 month ago

About the Opportunity Company: FIL Fund Management (China) CompanyJob Type: PermanentApplication Deadline: 30 October 2025Job DescriptionTitle Portfolio Manager, FoFDepartment Multi-Asset DepartmentLocation ShanghaiReports To Head of Multi Asset, China AMCAbout Fidelity International China BusinessChina is a critical, long-term market for Fidelity International. We have been investing in Mainland Chinese companies for over 20 years and we aim to build a new, modern and digitally-based local asset management firm over the long term.As a leading global financial institution, Fidelity International is a pioneer in China’s asset management industry. Since 2004, we’ve built up 3 offices in Shanghai, Dalian and Beijing. Currently we are a proud employer of over 1,500 staff in China. In January 2017, Fidelity was the first global asset manager to register with the Asset Management Association of China (AMAC) as a private fund management (PFM) company.In December 2022, Fidelity International been granted the Permit to Conduct Securities and Futures business in China by the China Securities Regulatory Commission (CSRC). With the approval, Fidelity International will be able to commence a wholly-owned mutual fund business in China and serve a wider group of investors in the country with a consistent approach as we operate in every market in the world.We have been making continuous efforts to introduce our extensive experience in the pension business globally into China. With strategic partnerships with key local players, as well as through our own digital platforms, we strive to conduct effective investor education and share our pension investment expertise to, ultimately, enhance Chinese people’s retirement readiness and financial wellness.Fidelity International is also keen to play as a critical force driving positive changes for China’s financial industry. We are committed to working closely with the Chinese regulators and partners to foster a robust industry eco-system and supporting China to further grow its influence in the global financial market.About your teamSolutions & Multi-Asset is a global team with assets under management on behalf of retail and institutional clients. The team manages investment strategies across various franchises, including Income, Volatility Managed, Absolute & Total Return, and Risk Rated & Open Architecture, designed to deliver specific outcomes for clients across market cycles. Portfolio Managers at Fidelity Solutions & Multi-Asset draw on an extensive toolkit for delivering investment objectives, including a large and well-resourced investment research team (comprising Tactical Allocation Research, Manager Research and Quantitative Research), as well as a dedicated Risk & Analytics team and implementation specialists. These resources support investment decision-making across various portfolio construction disciplines, including tactical asset allocation, strategy selection and risk management.The China MA team will manage onshore mutual funds and segregated mandates.The department’s edge is to bring local expertise required for China but also to bring the global knowledge base through true multi asset thinking, long term fundamental research and outcomes for key areas such as income and retirement. The team’s expertise is both in direct investing and a dedicated Fund of Fund (FoF) department.About your role
The principal purpose of the role is the active management of China income MA strategies according to agreedinvestment processes and philosophy in order to add value on behalf of clients. As portfolio manager you will make alldecisions relating to the investment of your assigned funds, although will do so following Fidelity Solutions processes andspecifically with reference to inputs from the tactical and strategic asset allocation teams, as well as the managerselection analysts.About youYou will play an important role in the development of China onshore technical asset allocation and strategy & instrument research process. You will manage mutual funds within the defined multi-asset investment process and philosophy.Specific responsibilities include:Portfolio Management

Assume ownership, develop and manage of a range of multi asset funds focusing on stable return / income
Manage portfolios in line with the investment objectives, internal and regulatory guidelines, using either internal equity and fixed income sub-portfolios as building blocks or combined with direct security level investing following the research inputs
Implement tactical asset allocation in the portfolio in line with investment objectives and guidelines
Represent Fidelity Solutions & Multi Asset as a portfolio manager for client meetings and pitches

Research

Input into the development of China onshore tactical asset allocation research framework and be a key contributor to China onshore tactical asset allocation views
Input into the development of China onshore strategy & instrument research framework
Participate and contribute to global tactical asset allocation discussion and debates, particularly providing ideas and insights related to China to regular team meetings and to Solution & Multi Asset investment meetings

Longer term goals

Assess the feasibility of, and where possible implement, a range of China onshore multi asset solutions and strategies
Provide investment related inputs into the development of China onshore Solutions & Multi Asset business

Experience and Qualifications Required

Minimum 8-10 years of relevant experience in Multi-Asset strategy and portfolio management. Over 3 years of
traceable performance is preferred.
Substantial experience in multi-asset and onshore Tactical Asset Allocation skills and/or in direct equity or fixed
income portfolio management.
Experience with stable return focused products & solutions.
Experience with mutual funds / wholesale business is a positive.
High standard of personal integrity and alignment with Fidelity’s required values and behaviours.
An entrepreneurial mindset to develop client focused solutions / products.
Effective communicator and desire to be part of a dynamic investment team.
International experience preferred (work or education).
CFA qualification preferred, or studying towards the CFA designation

Feel rewardedFor starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

Fidelity International

Apply Now