Investment Manager (Technology)

An exciting opportunity to join our Fundamental Equities team as an Investment Manager on a fixed term basis (up to 9 months) based in our London office (hybrid working).

Who we are

Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.

Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.

To learn more about Railpen including our values, culture and purpose, visit our LinkedIn Life page here.

The Role

The Fundamental Equities team manages a concentrated, high-conviction, low-turnover portfolio with quality growth characteristics. We focus on companies with high barriers to entry and sustainable competitive advantages that benefit from structural growth trends and can adapt to and capitalise on a rapidly changing market environment.

As a technology sector Investment Manager, you will perform fundamental research on companies, including creating research notes and financial models, whilst proactively seeking out new investments and managing a watch list of stocks. The role will be responsible for analysing and recommending investments in the semiconductor and technology hardware sectors. The team also assists colleagues across Railpen’s other strategies, including alternatives, quantitative equities, and real assets.

The Person

The successful candidate will be somebody who can independently deliver high-quality analysis, communicate their research effectively, and work collaboratively. You will have experience of analysing the global technology sector within equity research on the sell side or buy side. We are looking for someone with technology sector experience who has a passion for financial markets and investing.

You will have an open, collaborative and inquisitive approach to finding solutions. We are looking for someone who can deliver high quality research and generate ideas. Effective communication skills are key for this role, along with the ability to develop and maintain good working relationships both internally and externally ensuring that different perspectives are always valued. We value team players who prioritise the success of the team. If this sounds like you, we encourage you to apply.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members.

This role is classified as a ‘Certified Person’ under the Senior Managers and Certification Regime (SMCR) and will therefore be subject to the additional requirements prescribed by the FCA.

What we can offer you

Rewarding you

• A competitive salary

• 28 days annual leave, plus bank holidays (pro rata)

• Defined Contribution pension

Heath & Wellbeing

• Employee assistance programme

• Health cash plan

• Eye care vouchers

• Flu vaccination

Lifestyle

• Give as you earn scheme

• Paid volunteering days

Next Steps

Please apply for the apply button or visit Careers Page by 2nd June 2026.

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.