Fixed Income Portfolio Manager

apartmentThe Legends Agency placeCape Town calendar_month 
Job Description: Fixed Income Portfolio Manager (Succession Track)
Position: Fixed Income Portfolio Manager (Head of Department Track)
Location: Johannesburg (JHB) or Cape Town (CPT) / Remote flexibility available
Company Profile: Established Investment Firm (12+ Years)

Succession Timeline: 5-Year Path to Business Owners

A boutique investment firm with a decade-long track record is seeking a high-caliber Fixed Income Portfolio Manager to lead their fixed income division. This is a critical succession planning appointment.

The Role

This is a dual-focus role requiring both technical mastery and a strong commercial appetite. You will lead an established team of five fixed income professionals, oversee the full spectrum of interest-bearing mandates while driving the firm's growth through market engagement.

Key Responsibilities:

  • Portfolio Management: Oversee and manage Money Market funds, Income funds, and Nominal Bonds.
  • Team Leadership: Lead, mentor, and manage a dedicated fixed income team of 5 members.
  • Trading & Execution: Directly execute trades and continuously refine and improve investment strategies.
  • Sales & Marketing: Take an active lead in business development, client pitching, and marketing the firm's fixed income capabilities to institutional and retail stakeholders.
  • Succession Transition: Gradually assume operational and leadership responsibilities as part of the five-year path to principal leadership.

Requirements

We are looking for an ambitious, commercially minded professional who possesses the technical depth to manage complex funds and the charisma to lead a business.
  • Experience: Proven track record in fixed income portfolio management with experience across Money Markets and Nominal Bonds.
  • Leadership: Demonstrated ability to manage and develop a professional investment team.
  • Commercial Acumen: Strong sales and marketing inclination; comfortable presenting to clients and driving AUM growth.
  • Education: Relevant postgraduate degree (Honours/Masters in Finance or Economics). CFA charter holder or CA(SA) is highly preferred.
  • Location: Based in Johannesburg or Cape Town (Remote availability for the right fit).

Succession & Career Path

This position is designed for an "owner-in-waiting."
  • Years 12: Master the current mandates, lead the team of 5, and increase market visibility through sales efforts.
  • Years 34: Transition into senior firm leadership and begin the handover of key partner relationships.
  • Year 5+: Final succession and takeover of business management and ownership from the founding partners.
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