Emerging Markets Macro Portfolio Manager - Global Multi-Strategy Hedge Fund (NYC)
Our client is a $20bn+ global multi-strategy hedge fund undergoing a significant growth phase, driven by the appointment of a high-profile CIO to build out a next-generation platform. With consistent double-digit performance (10%+ annual returns) and strong investor inflows, the firm is actively expanding its Emerging Markets Macro capability in New York.
This represents a rare opportunity to join a well-capitalized platform with meaningful capital allocation, true autonomy, and long-term partnership upside-while operating in a collaborative, non-siloed environment.
The Opportunity
- Build, scale, and run an Emerging Markets Macro portfolio within a large, well-capitalized multi-strat platform
- Significant day-one capital allocation, with the ability to scale based on performance
- Operate within a pod-based structure where each PM runs an independent strategy with direct ownership of P&L
- Backed by best-in-class infrastructure, centralized risk, and execution support
- Opportunity to hire and develop your own team, effectively building a business within the broader platform
- Join during a high-growth phase under new leadership, offering strong upward mobility and long-term franchise building
Role & Responsibilities
- Independently manage an EM macro portfolio, generating alpha across rates, FX, credit, and commodities
- Develop and execute a clear, repeatable investment process based on macroeconomic and geopolitical analysis
- Construct portfolios around global macro themes, policy divergence, and EM-specific dislocations
- Take outright risk and relative value positions across liquid instruments and derivatives
- Maintain strict risk discipline, continuously managing exposures and drawdowns
- Collaborate with senior leadership and other PMs to share insights and contribute to overall platform strategy
Candidate Profile
- Proven EM Macro track record with demonstrable PnL ownership and risk-taking experience on the buyside.
- Strong expertise across EM FX, local rates, sovereign credit, and/or macro derivatives
- Experience running capital within a hedge fund, prop trading, or similar buyside risk-taking environment
- Demonstrated ability to generate consistent, risk-adjusted returns (Sharpe-driven mindset)
- Entrepreneurial mindset, with the desire to build and scale a strategy within a platform
- Collaborative approach-seeking a team-oriented culture vs. purely siloed pod structures
Why This Platform
- True Autonomy: Each PM operates as a self-contained business unit with full discretion over strategy and capital deployment
- Competitive Economics: Market-leading PnL payout structure, with clear upside linkage to performance
- Partnership Potential: Top performers have a pathway to long-term economics and strategic influence
- Collaborative Culture: Differentiated vs. traditional pod shops-information sharing and idea generation encouraged
- Lean PM Structure: Smaller headcount at the senior level, offering real visibility and impact on firm performance and direction
- Institutional Backing: Access to deep capital, infrastructure, and global footprint without the constraints of legacy platforms
Location
New York City - core hub for global macro investing, with proximity to senior leadership and key decision-makers
Company Description
Operating as part of Phaidon International, Selby Jennings is a multi-award winning global recruitment organization focused on servicing the financial industry.
By breaking down financial markets into individual niches and micro-specialisms, Selby Jennings powers a knowledge-led model, delivering global solutions into local markets. Every consultant is an expert in their field. Structuring our teams to mirror the demands of our clients and candidates, we identify, qualify and present the highest caliber candidates, as well as identifying the best market opportunities for leading finance professionals.
We work in partnership with clients to tailor-make a suitable search model based on the type of assignment and client service level requirements, adopting a bespoke combination of solutions to ensure optimum reach into the active and passive market places.
From our offices around the world, we recruit beyond international boundaries, pro-actively sourcing the best talent in the industry. Across contingent, retained, and project solutions, our service is unrivaled; speaking to our level of service provision, search accuracy, and flexibility.