2026 Investment Management Off-cycle Internship - Product Development (London)

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

In the Investment Management division, we deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors.

Morgan Stanley Investment Management, together with its investment advisory affiliates, manages $1.6 trillion in assets globally as of March 31, 2025.  Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

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. $100+bn 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.

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 remain optimally positioned and commercially viable as client requirements and the regulatory and competitive environments change.

The internship will commence in January 2026 and lasts twelve months. This internship will offer you an exciting and a dynamic work environment where you get to work alongside our diverse group of experienced professionals. The work that you do will be interesting and varied.

Training Program

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

Responsibilities

• Supporting members of the team on new product launches and enhancements to existing products
• Ongoing maintenance of existing fund ranges
• Product Literature:
  • Assisting with quarterly board reporting and scheduled reporting to meet client and regulatory requirements
  • Assisting with the management and support of FeFundinfo in their role as disseminators of NAVs and other information to electronic media
  • Assisting with K(II)D production, including both continual ad hoc updates and the annual review
• Supporting the wider business:
  • Dealing with ad hoc requests through Sales and Investment teams including client requests and RFP queries
• Assisting in the registration in new jurisdictions to enter markets to meet business requirements
• Researching competitor fund information and producing market analysis, including the preparation of high-level summary reports and highlights.

 Qualifications, Skills & Requirements

• You have graduated from university in the last 2 years or able to take the time off to commit for a full-time internship role for twelve months if you are currently in study
• You are fluent in English, with excellent verbal and written communication skills. An ability to communicate effectively in multiple languages would be an advantage
• You are adaptive, a leader yet team player, as well as a multi-tasker. You can present your conclusions in a clear and well-structured manner
• You are analytical with excellent attention to detail and well suited to working within a small team environment
• You have good presentation skills
• You have excellent excel, word and power point skills

What you can expect from Morgan Stanley

We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/aboutus/global-offices into your browser.