Associate

About Inheritance Capital

Inheritance Capital is a multi-asset investment fund investing across public equities, fixed income, real estate, private markets and alternatives with a long-term horizon. Inheritance Capital invests with a view measured in generations, not quarters. That long horizon is our edge: it lets us take the risks others cannot afford to, from holding through volatility to backing ideas years before the market agrees. We invest prudently, question our own conclusions, and build for those who come after us.

The role:

The Associate is central to our research and portfolio work. Because we invest across asset classes, the questions we care about rarely sit neatly in one: a shift in rates changes how we view equities, credit and private assets at once. You will take open questions, work out what matters, and come back with a position you can defend. You work directly with the partners, see every part of the investment process, and have your views heard and tested from the start.

The kinds of questions we work on:

• e.g. How should a higher-for-longer interest rate environment change our credit allocation
• e.g. Is the valuation gap between US and Asian equities an opportunity or a trap
• e.g. What role should gold or crypto play in the portfolio as a diversifier

What you will do:

• Research markets, sectors and themes across asset classes, and turn that research into clear investment recommendations
• Support asset allocation and portfolio construction, including monitoring exposures, performance and risk
• Evaluate new opportunities, from listed securities to private deals and external fund managers
• Build financial models, valuation analyses and due diligence materials
• Prepare investment memos and portfolio reports
• Track macroeconomic and market developments and assess what they mean

What we look for:

• Strong academic or professional record, with solid quantitative and financial analysis skills
• Out of the box strategic thinking
• Breadth: interest in how asset classes interact, not only depth in one
• Rigour: you test assumptions, including your own, and your conclusions follow from your evidence
• Clear writing. Much of the job is making a complex argument in a page
• Comfort with ambiguity and the self-direction a small team demands
• A genuine interest in building a long-term career in investing
• We expect most candidates to have 2 - 3 years of experience in asset management, investment banking, research, consulting or a related fields. Progress towards the CFA is an advantage but not required.

What we offer:

• Competitive salary and performance bonus
• Exposure to the full range of asset classes and every stage of the investment process, which few roles at this level offer
• Close mentorship from the partners
• Leave, medical and other wellness benefits

How to apply:

• Send your CV and a cover letter. Tell us what draws you to investing and how you think, not only what you have done. Shortlisted candidates will complete a short assessment before interview.