Manuel Terré, Cfa Email & Phone Number

Henley-On-Thames, England, United Kingdom

Analyse economic data and fundamental drivers of EM markets to help fund managers identify opportunities for and risks within portfolios. Construct research reports and present investment theses to fund managers. Develop and maintain own investment expertise through building and maintaining effective relationships with brokers, analysts, and internal contacts. Proactively contribute to investment thinking within the department and ensure own best ideas are represented in the funds. Produce/maintain appropriate models to support the investment processes and identify value across EM markets. Assist with the maintenance of client relationships, internal fund managers and other departments. Ensure that risks are aligned to the firm’s risk philosophy and risk tolerance guidelines, and contribute to investment policy formation.

Londres, Inglaterra, Reino Unido

Ayres is London-based hedge fund, which emerged as a spin-out of Macrosynergy Partners LLP. Provided technical expertise and analysis on macro-debt modelling of distressed sovereign assets: restructurings of Argentina and Ecuador, as well as Argentinean Sub-sovereigns.•Performed debt sustainability analyses to support ongoing negotiations of main bondholders group of sovereign debt of Argentina and Ecuador.•Prepared debt sustainability analyses for the Argentinean provinces of Buenos Aires, Córdoba, Entre Ríos and Tierra del Fuego. •Provided research support in negotiations on external debt exchange of one of the main integrated O&G companies in Argentina.Execute macroeconomic analysis on EM countries.• Continuously evaluate macroeconomic trends in main target EM countries, with particular focus on LATAM and Argentina. Special attention to current account dynamics, monetary and financial conditions, real activity and inflation behaviour, as well as public policy guidance.• Assess credit rating profile and perspectives on main sovereign EM issuers. Collaborate in asset management decisions for the Ayres Argentina Fund and Ayres Recovery Fund.• Provide investment analysis in order to make substantiated decisions on Argentinean and emerging market asset strategies.• Evaluate relative value trades and bond-CDS packages.Participate in weekly investment committees for fund management.• Collaborate with fund management decisions, providing in-depth analysis on specific global-macro trade opportunities and macroeconomic trends.• Provide weekly updates on investment flow, macroeconomic and financial trends in covered markets.

Ciudad Autónoma De Buenos Aires

• Evaluated domestic and foreign macroeconomic trends and financial conditions, with a particular focus on Argentina and Brazil. Performed prospective analysis in order to develop an investment outlook employing diverse methodologies.• Analyzed fixed-income and equity securities as well as currency and commodity markets on a daily basis, searching for arbitrage and value opportunities. • Performed DCF analysis on certain domestic publicly-traded companies, from a buy-side research perspective.• Modelled conditional volatilities of currencies (both developed and developing) based on GARCH.• Applied Monte Carlo simulation for the evaluation of GDP-linked Argentinean coupons, as well as other financial instruments.• Achieved results of the work undertaken: +200 daily market analysis reports delivered per annum, and +100 research works published per annum on specific investment recommendations.• Actively cooperated to the management of financial asset portfolios.• Set the risk-return profile of diverse clients (mainly, high net-worth individuals) according to their objectives, investment horizon and risk aversion.• Set desired risk exposures and hedged undesired risks.

Argentina

• Provided financial advisory services to companies from diverse industries in Argentina and in Latin America.• Performed valuation analysis on derivatives through no-arbitrage valuation methodologies; namely, stock options and US$/BRL-denominated swaps.• Estimated the fair market value of the assets and equity of companies, including San Antonio Internacional (in the O&G sector), Despegar.com (DESP) and MercadoLibre (MELI) (both in the online marketing sector), among others.• Achieved results of the work undertaken: participated in the analysis and business valuation of more than 15 companies, in the context of mergers and acquisitions, corporate restructuring processes and financial reporting impairment tests.

Msc In Computational Finance, Quantitative Finance, Distinction

• Advanced modules on quantitative and modelling skills, which are essential for 'quant' roles in trading research, regulation and risk. •.

Program In Quantitative Finance, Quantitative Finance

• 5-month course. • Reviewed discrete-time and continuous-time financial mathematics (binomial and BSM model, no-arbitrage.

9.48

• GPA: 9.48 of 10. Highest GPA in class of 2013. • Exchange Program in University of Bath during February-June 2012. • Final-dissertation.