Firm Overview
Lunate is an Abu Dhabi-based, partner-led, independent global alternative investment manager with more than 200 employees and $110 billion of assets under management. Lunate invests across the entire private markets spectrum, including buyouts, growth equity, early and late-stage venture capital, private credit, real assets, and public equities and public credit. Lunate aims to be one of the world's leading private markets solutions providers through SMAs and multi-asset class funds, seeking to generate best-in-class risk-adjusted returns for its clients.
Position Overview
We are seeking an experienced ETF Portfolio Manager to join our Public Markets division.
This role will have primary responsibility for the day-to-day management, oversight, and optimisation of index-tracking portfolios, with a particular focus on ETFs and other passive investment vehicles.
The successful candidate will play a central role in ensuring accurate index replication, low tracking error, effective rebalance execution, and robust risk and governance processes, while also contributing to investment content, client engagement, and platform development. This is a hands-on portfolio management role suited to an investment professional with proven experience managing index portfolios at scale.
Key Responsibilities
Index & ETF Portfolio Management
- Manage and oversee index-tracking portfolios, including ETFs, in line with index methodologies, fund documentation, and client mandates.
- Execute and oversee index rebalances, reconstitutions, and corporate actions, ensuring accurate and timely implementation.
- Monitor and manage tracking error, tracking difference, liquidity, and transaction costs, and proactively address sources of performance deviation.
- Support daily portfolio oversight, including cash management, flows, creations/redemptions (for ETFs), and compliance monitoring.
- Liaise with internal trading, operations, risk, and external service providers to ensure efficient portfolio implementation.
- Lead on front office systems development, process improvement and refinement.
Risk, Oversight & Governance
- Lead ongoing portfolio monitoring and risk management, ensuring adherence to investment guidelines and regulatory requirements.
- Prepare materials for investment and risk committees, including performance attribution, and portfolio diagnostics.
- Contribute to the ongoing enhancement of governance, controls, and best practices across the platform.
Investment Content & Stakeholder Engagement
- Own and enhance investment and product-related content for index and ETF strategies, including factsheets, pitchbooks, and client presentations.
- Act as a subject-matter expert for internal stakeholders, supporting sales & client engagement with clear explanations of index methodology, portfolio construction, and performance drivers.
- Present portfolio updates and investment insights to internal committees, institutional clients, and external partners.
Platform Development & Leadership
- Drive initiatives to improve data infrastructure, automation, and analytical workflows related to index and ETF portfolio management.
- Contribute to strategic projects across the public markets platform, including new product launches.
- Mentor junior team members.
Qualifications & Experience
- Minimum of 3 years direct experience managing index-tracking portfolios, with ETF portfolio management experience strongly preferred.
- 6–10 years of total relevant experience in asset management, index/ETF management, systematic investing, or a closely related field.
- Demonstrated experience with index replication techniques, rebalancing processes, and tracking error management.
- Strong understanding of public markets, equities background preferred, fixed income experience a bonus.
- Exceptional written and verbal communication skills in English.
- High level of attention to detail, ownership mindset, and ability to operate independently in a fast-paced environment.
- Bachelor's degree with a strong academic record.
- Strong proficiency in Excel; working knowledge of Bloomberg (and/or similar market data platforms).
Preferred Qualifications
- Experience managing UCITS ETFs or other regulated index funds.
- Exposure to systematic or quantitative investment approaches, including strong data and analytical skills.
- Experience supporting or leading ETF launches & index development.
- Progress toward or completion of CFA and/or CAIA designation a bonus.
