Equity Research Graduate Programme

When investment decisions relate to stocks then it's our Equities team making them. How do they choose the best stocks to invest in?

The Equities investment department has responsibility for all retail and institutional funds managed by Fidelity International. This responsibility includes managing equity portfolios in accordance with the stated investment objectives contained in the fund’s prospectus, trust document or Investment Management Agreement (IMA). The research department provide analysis on companies, stocks and sectors, working closely with fund managers to select stocks for their portfolios.

You will be immersed in real work from the start and, using your own initiative, will be empowered to make your own decisions. You will be able to enjoy working independently as much as being part of a team. With a natural desire to learn, you will get to understand the importance of deep analytical thinking in making recommendations on behalf of our clients and Fidelity.

At times, when financial markets challenge you, you will keep things in perspective, use it as a learning opportunity and develop your resilience with the support of those around you.

• You’ll work as part of a research team and assume analytical responsibility for regional coverage (sector or country), analysing the products, services, strategies, competitive advantages and financial data of publicly traded companies, assessing current and future trading environments and investigating the competence of their management teams.
• You’ll use robust analysis to make a buy or sell recommendation on each company to our team of Portfolio Managers both locally and worldwide, giving you a pivotal role in the investment decision-making process.
• During your early career within Equity Research, you will be regionally aligned and will gain valuable insight into several sectors to enable you to build the base of expertise you need to become either a Career Analyst or a Portfolio Manager. Essentially, you will be making a call to buy or sell individual securities.

• You'll meet with senior management from publicly traded companies in your sector. You will build a relationship with a range of key industry stakeholders - from current competitors to potential entrants to regulators and politicians - to form a deep understanding of the prospects for the sector and the companies within it.
• You'll research and analyse the products, services, strategies, competitive advantages, and financial data of the companies in your sector. You will assess their current and future competitive position and investigate the competency of their management teams to determine whether they are worthwhile investments.
• You will build financial models (covering profit & loss, cashflow and balance sheet statements) that allow us to identify the share price drivers of each company, forecast its earnings and estimate its intrinsic value quickly and accurately.
• You'll compile this robust analysis into concise research reports, recommending to our team of Portfolio Managers the companies that should be owned within our client funds.

You’ll start the graduate programme with a comprehensive induction, where you’ll be introduced to investment management and how it fits into the City and the financial markets. As you progress, we’ll prepare you to sit the Chartered Financial Analyst (CFA) Level 1 exam.

All successful new joiners will be invited to the Investment Management (IM) Induction & Technical training which will be hosted by the IM Academy, where Investment Professionals train Investment Professionals of the future. The training will provide an introduction the IM functions and equip…