Public Investment Corporation (PIC) Assistant Portfolio Manager (Global) - Multi-Management Public Markets Vacancy 2026

Opportunity Overview

The Public Investment Corporation (PIC) is a leading asset management firm in South Africa, responsible for making significant investments across various sectors on behalf of public sector entities. Their client base includes major funds such as the Government Employees Pension Fund, the Unemployment Insurance Fund, and the Compensation Fund. With over R3 trillion in assets under management, the PIC stands as one of the largest investment managers in South Africa and across the African continent.

The PIC is seeking applications from dynamic individuals for the position of Assistant Portfolio Manager (Global) within their Multi-Management Public Markets division. This role is crucial in supporting the investment processes that contribute to the PIC's extensive portfolio management responsibilities.

Minimum Requirements

To be considered for this opportunity, applicants must meet the following criteria:

• Qualifications:
• B Com (Hons) or BSc (Hons) degree in Financial Management.
• Preferred: Masters, CFA, or CA (SA) qualifications would be an advantage.
• Experience:
• At least 6-9 years of post-qualification experience in investments and economic knowledge.
• At least 5 years of experience with Multi-manager Funds.
• At least 3 years of experience in Global Strategies.
• Certifications:
• RE 5, or a commitment to complete it within 6 months of employment.
• Technical Skills:
• Demonstrated investment and economic knowledge.
• Experience in investment, financial analysis, and manager research.
• Excellent quantitative skills, including proficiency in Excel and other risk tools.
• Experience with a risk/optimisation model (e.g., MSCI Barra, Bloomberg, Factset).
• Ability to interpret and provide recommendations based on manager research and analysis.
• Extensive knowledge of financial markets, instruments, regulations, economic theories, relationships, and valuation tools.
• Thorough understanding of investment managers’ investment disciplines, expected portfolio characteristics, and investment activities.

Key Responsibilities

The successful candidate will be responsible for the following duties:

• Assisting in the oversight of investment portfolios for clients or organisations.
• Monitoring developments in the financial markets to maintain a current understanding of trends and their potential impact on client portfolios.
• Keeping informed about current market developments and their effect on external manager portfolios, and ensuring the team is also informed.
• Monitoring and analysing existing managers based on qualitative and quantitative factors.
• Producing Risk and Return analysis for existing managers and peer groups.
• Compiling reports for clients and internal committees, including the Portfolio Management Committee and Investment Committee.
• Conducting quantitative analysis of managers relative to stated benchmarks and peer groups.
• Researching and evaluating investment strategies, ideas, and concepts.

What the Work Involves

As an Assistant Portfolio Manager (Global) at the PIC in Pretoria, you will be deeply involved in the day-to-day operations of an extensive asset management environment. Your work will primarily focus on monitoring global financial markets, scrutinising the performance and strategies of external investment managers, and translating complex data into actionable insights.

You will play a vital role in producing detailed risk and return analyses, and preparing comprehensive reports for both internal committees and external clients. This involves a high degree of quantitative analysis, leveraging various financial tools and models. The role requires a keen eye for detail, strong analytical skills, and a proactive approach to staying abreast of market movements to ensure client portfolios are managed effectively within the Public Investment Corporation's office environment.

How to Apply

To apply for this position, please submit your application online by the closing date.

• Closing Date: 04 September 2026
• Application Link: Apply Here