ACDAfrica Career Desk
Public Investment Corporation (PIC)

Assistant Portfolio Manager (Global) - Multi-Management Public Markets

Public Investment Corporation (PIC)

Pretoria, South Africa · Southern Africa

Role type

Asset Management / Public Markets

Experience

Leadership

Language

English

Deadline

28 Jul 2026

Summary

Senior multi-manager role supporting global manager selection, portfolio construction, risk-and-return analysis, monitoring and investment recommendations.

About the role

The Public Investment Corporation (PIC) is one of Africa's largest asset managers, managing funds on behalf of South African government employees and other public-sector institutions. This Assistant Portfolio Manager role (Grade E1-E2, reference APMG070726) sits within the Multi-Management Public Markets team, assisting in manager selection and portfolio construction across allocated asset classes while providing a high level of support in the monitoring of external managers.

Key responsibilities

Assist in manager selection and portfolio construction across allocated asset classes

Monitor financial market developments and their impact on client portfolios

Analyse existing managers using qualitative and quantitative approaches

Produce risk and return analysis of managers against peer groups

Generate reports for clients and internal committees including the Portfolio Management Committee and Investment Committee

Conduct quantitative analysis relative to benchmarks and peer groups

Research and evaluate investment strategies, ideas, and concepts

Key requirements

B Com (Hons) or BSc (Hons) in Financial Management

10+ years of post-qualification investment experience

Minimum 5 years in multi-manager funds and minimum 5 years in global strategies

Excellent quantitative skills including Excel and risk tools such as MSCI Barra or Bloomberg

Strong ability to research, interpret, and communicate investment recommendations

Solid knowledge of investment managers' disciplines and portfolio characteristics

Nice to have

Masters, CFA, or CA(SA)

FAIS representative status

Closing date: 28 July 2026. Reference: APMG070726. Apply via the official application form.