Morgan Stanley
International Products


Placement and Duration

The Off-Cycle Internship is an opportunity to experience the culture and atmosphere in the Investment Management Division by taking on some of the responsibilities and functions of a Full-time Analyst. The internship typically lasts six to twelve months.

The role of the International Product team is to develop, and through active post-launch management, maintain mutual funds for MSIM’s business outside the US. This encompasses assisting internal teams (Sales and Portfolio Management) in defining which products are needed to support investment strategies, and launch those products in a commercially successful, high-quality manner. After launch, the team must ensure that the funds remains optimally positioned and commercially viable as client requirements and the regulatory and competitive environments change.

The International Product team look after multiple cross-border fund ranges covering the range of investment capabilities across equities, fixed income, multi-asset and alternative funds with c. $92bn of assets under management. This role will provide exposure to a wide range of internal departments and will give a unique insight into the entire asset management business.

Training Program

You will receive on-the-job training and benefit from working alongside experienced professionals on a variety of projects.


Supporting members of the team on new product launches :

  • Researching competitor fund information and producing appropriate analysis;
  • Assisting with the preparation of NPC approval documentation, including the collation of sales estimates and the production of P&L analysis;
  • Attending product launch calls to represent Product;
  • Coordinating NPA web tool sign off;
  • Post launch review process.

Assisting with the review of designated fund vehicles, including :

  • Share class reviews (asset raising, profitability, purpose etc);
  • Ensuring grand fathered clients comply with the business rationale provided at the time of their grandfathering (asset raising, number of accounts, deal size, frequency of trading etc);
  • AUMs, flows and product profitability, with the objective of ensuring that funds remain viable;
  • Management of fund/share class TERs, ensuring these remain competitive and in line with the product strategy.

Board reporting and support, including :

  • Assist with the preparation of investment performance summary schedules for each fund range;
  • Assisting Capita to ensure all board papers are received on a timely basis.
  • Managing seed capital applications and repatriations.
  • Product Closures and Restructuring.
  • Client reporting and internal reporting (Maintenance of fund reference database)

Sales and Marketing Support and Product Literature :

  • Deal with ad hoc requests from Sales and Marketing teams regarding MSIM funds;
  • Assist with the management and support of F2C in their role as disseminators of NAVs to printed and electronic media;
  • Assist with the KIID database, updating KIIDs as and when required and ensuring their appropriate dissemination;
  • Assist with preparation of quarterly market analysis, including the preparation of high level summary report and highlights.

Qualifications/ Skills/ Requirements

  • You have outstanding analytical skills.
  • You have excellent communication skills, both verbal and written.
  • You have an excellent academic background and fluency in English.
  • You are a strong team player and suited to working well within a small team environment.
  • You have strong organizational skills with the ability to manage time efficiently and effectively.