LGPS Central
Investment Analyst - Alternatives

How your CV stacks up
Upload your CV to see how well it fits this job role
?%
About This Job
LGPS Central
Location: Wolverhampton, England, United Kingdom
Work Mode: On-site
Industry: Investment Management, Pension Funds
Job Description
Join LGPS Central at a pivotal moment, where investment meets long term impact.
We are launching a major recruitment campaign for experienced Investment Analysts to support how we invest, advise and deliver for Partner Funds as the LGPS landscape changes through the government’s Fit for the Future reforms. As the pension landscape evolves through pension reform and strengthening of the LGPS framework, the role of investment teams in delivering resilient, efficient and responsible outcomes has never been more critical. This role is part of our newly created Alternatives and Hedging Solutions team, an exciting opportunity to grow your career in Investments.
What You'll Be Doing
As an Investment Analyst within the Alternatives and Hedging Solutions team you will:
- Deliver high quality research and analysis to support investment decisions across the Alternatives (diversifying hedge funds, ILS and other absolute return strategies) and Hedging Solutions (e.g. currency hedging, equity protection, LDI, gold).
- Support manager research, selection and ongoing monitoring, including operational due diligence where required.
- Build and maintain investment papers, committee materials and reporting that is clear, evidence based and decision ready.
- Analyse performance, risk, exposures and portfolio positioning, and turn this into practical insight.
- Embed responsible investment and stewardship considerations into analysis and recommendations.
- Work closely with Portfolio Managers, the Risk team, Responsible Investment and Stewardship colleagues, and external managers and providers.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
See breakdownIt searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
You will gain exposure to strategic change alongside technical investment depth, forming the foundation of a highly impactful career.
About Us
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.
LGPS Central’s Partner Funds Are:
- Cheshire Pension Fund
- Derbyshire Pension Fund
- Leicestershire Pension Fund
- Nottinghamshire Pension Fund
- Shropshire Pension Fund
- Staffordshire Pension Fund
- West Midlands Pension Fund
- Worcestershire Pension Fund
- Gloucestershire Pension Fund
- Hampshire Pension Fund
- Suffolk County Council
- Wiltshire Pension Fund
- Norfolk Pension Fund
- Oxfordshire Pension Fund
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.
LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.
Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.
Requirements
- Relevant experience in an asset manager, asset owner, consultancy, bank or similar investment environment.
- Strong analytical capability, with the judgement to focus on what matters for outcomes, risk and value for money.
- Strong quantitative and IT skills, preferably with familiarity in systems used for screening and performance and risk analysis.
- Clear written communication, including the ability to produce concise decision papers.
- A practical understanding of responsible investment factors within investment analysis.
- Completed or progressing towards IMC, CFA or equivalent qualifications, or a clear commitment to professional development.


Get help with your application
Your very own career expert that helps elevate your application to the next level.
Qualifications
- Degree level or equivalent
What do we offer?
Benefits
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:
- Competitive salary
- An enhanced and generous Pension Scheme
- 30 days' paid holiday plus bank holidays
- 2 days paid volunteering days
- An extra paid Company Day in addition to paid holidays
- Excellent Learning & Development Opportunities
- Welfare and Family friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme
- 24/7 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to work scheme
- Company Electric Vehicle Scheme
- Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
- Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
- Winner of LAPF Investment Innovation
- Winner of Pool of the Year 2025
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills