Discretionary Inflation Portfolio Manager

Inflation Specialist Portfolio Manager

About the Role
MapleCap Partners AG is seeking a Discretionary Inflation Portfolio Manager to join our team.
This is a senior hire focused on discretionary inflation strategies, designed to diversify the fund's
portfolio and expand our investment capabilities. The successful candidate will operate
independently within agreed risk limits and will have allocated capital from day one, with
uncapped growth potential.

The role will also serve as a sounding board for the CIO, contributing ideas and complementing
the existing investment process.

Responsibilities

• Develop and manage discretionary inflation strategies across EUR, USD, and GBP
  markets
• Construct and manage a portfolio driven by fundamental macro views, with relative
  value components as a secondary layer
• Operate independently within agreed risk parameters with full P&L ownership
• Contribute trade ideas and act as a strategic sounding board for the CIO
• Apply rigorous trade construction discipline, with a focus on swap curve trading and
  convex payoff structures

Candidate Profile

Specialisation & Background

• Deep expertise in EUR, USD, or GBP inflation — ideally all three
• Buy-side or sell-side background with direct P&L responsibility
• Strong discretionary macro and outlier thinking — the ability to form and hold highconviction views
• Open to strong DM macro rates candidates who can demonstrate a clear, specific edge
  in inflation product or trade construction

Experience & Track Record

• 5–7 years as a Portfolio Manager preferred; 3 years considered for purely buy-side
  candidates
• Long and demonstrable discretionary trading track record
• Managed $50M+ AUM for senior-level consideration; less experienced profiles will also
  be reviewed
• Track record should show clear evidence of a defined, repeatable discretionary edge
  Strategy
• Primarily discretionary macro, incorporating:
  o Fundamental inflation views across rates and break-evens
  o Relative value components as a complement to directional positioning
  o Convex trade structures where appropriate

Why MapleCap Partners

• Allocated capital from day one
• No hard cap on AUM growth — unlike many multi-manager platforms that cap PMs at
  $100M, MapleCap offers uncapped upside for strong performers
• Collaborative environment with direct access to senior leadership
• Opportunity to shape and grow an expanding investment team

This hiring process is being run by Tom O'Loughlin at Summit Recruitment AG, please direct any questions to him.