EUROPE - The European Patent Office in Munich is looking for a portfolio manager for its principal directorate of the €3.1bn Reserve Funds Pensions and Social Security (RFPSS), IPE has learnt.

"The fund administrator is now looking for an individual with experience in the management of fixed income instruments and foreign exchange products," according to a notice by the office.

The organisation also seeks to recruit two budget and finance analysts for its directorate planning and budgeting.

The RFPSS is a "special class of asset lending support to the pension and social security schemes by providing the appropriate reserves", the office said.

All assets are managed internally, both by means of direct investment and third party investment vehicles.

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