Manager Oversight Analyst

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

The Life Investment Office (LIO) is responsible for approximately £159bn of assets, including the UK’s largest £134bn With Profits Fund, delivering multi‑asset and annuity solutions on behalf of the Prudential Assurance Company (PAC). The LIO is responsible for managing these assets. The LIO works closely with the various asset management businesses within the M&G plc Group, and other external managers, to structure multi‑asset portfolios aligned with the investment objectives of our clients.

Within Manager Oversight, analysts play a core role in designing, building and continuously improving the investment building blocks that underpin LIO portfolios. This role offers autonomy within a collaborative investment environment, with the opportunity to shape how LIO portfolios evolve over time. Working across asset classes and investment strategies, the role provides broad exposure to manager selection, portfolio construction and investment oversight;

this responsibility encompasses all traditional (public equity, public bonds and cash) and alternative (real estate, private equity, real assets, diversifying strategies and private equity) asset classes across the different geographic regions the LIO allocate to. Analysts are active contributors to investment thinking, bringing independent analysis, challenge and insight that directly informs portfolio design, manager decisions and governance outcomes.

• Work alongside Asset Class Leads, the Multi‑Asset Strategy Lead and Quantitative Research Lead to ensure analysis is aligned with the team’s strategic priorities, research agenda and portfolio objectives
• Contribute to the selection, design and continuous improvement of investment building blocks used across LIO portfolios, across public and private markets
• Perform quantitative and qualitative analysis to support manager selection and oversight – monitoring existing managers and strategies, identifying emerging risks, opportunities and recommending areas for portfolio enhancement
• Contribute to portfolio construction analysis, including multi‑manager combinations, benchmarks and implementation considerations
• Participate actively in investment due diligence meetings with internal and external managers, forming independent views and contributing to recommendations
• Build effective working relationships with internal and external fund managers, contributing to the evaluation of existing strategies and the development of new investment opportunities
• Support continuous improvement of analytical tools, screening frameworks and oversight processes
• Understand and demonstrate positive conduct in line our purpose, values and behaviours
• Understand the Company’s Sustainability vision and apply the Sustainability Strategy as appropriate for your role

• Experience in investment research, manager selection and multi‑manager portfolio…