Someone pointed out to me that the CPF board was hiring an assistant/investment manager.
The job advertisement was posted on 31st August 2011 and expires on 30th September 2011.
- Review and implement investment processes and strategies.
- Perform performance monitoring and due-diligence of fund managers.
- Communicate with fund managers on compliance of investment guidelines.
- Prepare market indicators using data from third party sources.
- Perform asset rebalancing and transition management.
- Liaise with Legal Services Department and fund managers on Investment Management Agreements or Deeds.
- Analyse local corporate bond issuers in a broad range of industries through analysis of financial statements, assessment of third-party research, monitoring corporate developments and other analysis.
- Prepare investment research reports to support recommendations and decisions.
- Perform secretariat duties for Investment Committee meetings, including minute-writing.
- Prepare the department’s budget and explanations for budget variations.
- Perform ad-hoc administration tasks.
- A good Degree, preferably in Accountancy, Business Administration, Finance or Economics.
- Candidate with Chartered Financial Analyst qualification preferred.
- Good interpersonal and leadership skills; a good team player.
- Good writing and numerical skills.
This makes me wonder what are the actual long term investment returns achieved by the CPF board using our CPF monies. Here, we have a “fund” able to provide us with guaranteed returns of 2.5% and 4% year after year but no one knows the actual underlying performance.
Or perhaps the information is out there. Does anyone know?