Job Description

The Team

With over $650 billion in assets under management, Fidelity Asset Management Solutions (FAMS) is a leading provider of asset allocation solutions for institutional and retail clients. The range of investment solutions includes target date funds, target allocation funds, income and real return strategies, managed volatility strategies, liquid alternative investments, and custom institutional solutions.

The Role

Reporting to the Manager Research Team Leader, this position will support the coverage of Fidelity-managed funds used in the investment solutions delivered by FAMS investment teams as well as prospective funds that could be used in the future. This position will also liaise with our manager research counterparts in Strategic Advisers, Inc. (SAI) and Fidelity Institutional Wealth Adviser (FIWA) who partner with FAMS to cover open-architecture funds.  Critical to success in this role will be the ability to 1) confidently engage with fund managers on various facets of their investment process (e.g., financial markets, philosophy, portfolio construction, risk management, performance), 2) effectively develop research conviction and communicate portfolio updates to FAMS portfolio managers and 3) actively participate in asset class and portfolio strategy discussions in various investment forums. This position will be located at the company’s headquarters in Boston, Massachusetts.

The Value You Deliver

Responsible for manager due diligence across specified asset classes for existing and prospective funds used in various FAMS investment solutions:

Organize, prepare for and lead meetings with underlying portfolio managers to discuss investment philosophy & process, strategy objectives, portfolio construction, and performance.
Support the monitoring and analysis of fund performance, attribution, risk and holdings using analytical tools including Bloomberg, FactSet, Stylus, Morningstar, Style Analytics, eVestment Alliance, Barra and other quantitative tools.
Provide investment recommendations to FAMS portfolio managers through published research reports, group presentations, and 1:1 meetings.
Present monthly and quarterly reviews of fund performance and positioning to FAMS investment teams.
Meet with clients and consultants to showcase the team’s research capabilities and provide updates on underlying fund positioning and performance.
Monitor the investment universe to identify potential new investment opportunities that will directly impact portfolio recommendations and client investment returns.

Contribute to team discussions and asset class initiatives.
Fulfill ad hoc research requests from FAMS investment teams.

The Expertise and Skills You Bring

Required 5+ years of relevant manager research experience. Desired experience in liquid and illiquid alternative strategies in addition to domestic and international equity funds. 
Undergraduate degree with progress towards or completion of CFA and/or CAIA program, and/or a Master’s degree is preferred
Ability to comfortably engage in in-depth conversations with portfolio managers, clients, and consultants
Strong written and verbal communication skills
Ability to analyze and derive insights from large sets of data
Capability to manage a variety of tasks simultaneously with superior organizational skills

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we call “Dynamic Working”. Most associates within FAMS will have a hybrid schedule with a requirement to work onsite in Boston at least 50% of the time. These requirements are subject to change.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.