Portfolio Manager
Current- Manage a $3+ billion Developed Markets Equity Portfolio utilizing equity swaps, index funds, and individual stocks as part of an in-house pension fund team.- Developed and executed a 50% FX hedging policy across $6+ billion internally managed international equity and real estate portfolios, significantly reducing the volatility of returns since implementation. In-house FX hedging program saves significant management fees each year. - Evaluate, select, and monitor hedge funds, direct co-investments, limited partnership investments, and other investment opportunities as a member of the Opportunistic/Diversified team. These investments have consistently generated alpha and have low correlations with public equity portfolios.- Actively pick stocks in Malaysia and Thailand as a senior member of the Emerging Markets team. This portfolio has consistently outperformed the MSCI country benchmark and has generated an information ratio of over 1X since inception in 2002.- Evaluate, recommend, and execute derivative strategies to enhance investment returns on all internally managed portfolios. An opportunistic recommendation during the Asian crisis in the form of EM country swaps had generated significant outperformance over the benchmark and realized over $100 million in investment gains.- Analyze, evaluate, and execute complex derivative hedging strategies to support various risk management strategies.- Hire, supervise, and mentor analysts and team members.- Developed role as derivatives expert and a Qualified Independent Representative (QIR) per Dodd Frank regulation to evaluate the suitability of the use of derivatives and sign off on derivative trading.- Assist in ISDA/CSA negotiations with brokers working with internal and external counsels to manage counterparty risk.
