The Investment Management sector is shaped by the scale and maturity of the superannuation system, which drives a strong institutional focus, long investment horizons and persistent pressure on fees and efficiency. The market spans global asset managers, domestic firms and increasingly sophisticated asset owners, many of whom are building internalised investment, portfolio construction and risk capabilities.
Growth continues to favour private markets, real assets and alternatives, while ESG, governance and data-driven decision‑making are now embedded expectations rather than points of differentiation.
Demand has moved away from pure product or traditional asset‑class specialisation toward multi‑asset, total‑portfolio and execution‑oriented skill sets. Asset owners and larger managers are selectively hiring investment professionals with experience in private markets, co‑investments, portfolio analytics, risk, and investment operations.
The ESG job market has experienced significant shifts in recent years. Following a period of rapid growth, particularly in financial services, the pace of recruitment has now stabilised. While new role creation has slowed, organisations continue to backfill key positions, indicating sustained demand.
The most sought-after ESG skills include ESG integration, reporting, due diligence, and strategy development. The introduction of the Australian Sustainability Reporting Standards (ASRS) by the Australian Accounting Standards Board (AASB) has driven a notable increase in demand for sustainability reporting roles across sectors. In response, many organisations are engaging external consultants to support the initial implementation of reporting frameworks, ensuring compliance with emerging regulatory requirements and reporting timelines.