Spencer Korb Email and Phone Number
SKILLS•
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Equity And Fixed Income TraderEskom Pension And Provident FundMadrid, Es -
Equity And Fixed Income TraderEskom Pension And Provident Fund Jul 2019 - PresentResponsibilities: • Execution of trades for internally managed equity and fixed income mandates, equity mandates comprise of index tracker, actively managed and property strategies and the fixed income mandates include sovereign bond tracker, inflation linked bonds mainly utilised for the Liability Driven Investment strategy of the overall fund and Africa Eurobonds strategy, significant USD yield pick-up strategy. Provide input to various Portfolio Managers regarding relevant market conditions, efficient implementation of asset allocation changes, rebalancing, tactical asset allocation and trading opportunities. Additional Responsibilities: • Morning meetings to the Investment Management Team, portfolio management and risk management of the sovereign bond tracker portfolio. Ensuring the inflation linked bond portfolio is aligned to the Liability Driven Investment benchmark and identifying market opportunities across the yield curve. For the Africa Eurobond portfolio monitoring risk statistics and rebalancing of the portfolio given coupon inflows and benchmark changes. • Furthermore, actively researching and participating in industry research reports regarding equities, fixed income, and Africa debt markets. Assisting the Chief Dealer and Portfolio Manager in identifying and trading tactical asset allocations utilising derivative structures to take advantage of extreme market movements or investment views within allowable local regulations. Preparing and presenting Due Diligence report backs on a quarterly basis to Multi Management Unit. Skills acquired: • Experience gained in the management and culture of a large institutional Pension fund that is invested in multi-asset classes and various markets. Involved in asset allocation processes and implementation thereof across the various asset classes. Furthermore, gained valuable experience in portfolio management and risk management of fixed Income, equity portfolios in South African and Eurobond market. -
Trader, Implementation And Asset Allocation AnalystElement Investment Managers Jul 2017 - Jun 2019Cape Town Area, South AfricaResponsibilites• Provide input into the investment strategy, regular local market research (equity market, derivative, and fixed income) as well as equity, fixed income, and derivative dealing. Implementation of portfolio managers trading instructions/ideas in the market via brokers. Responsible for managing relationships with brokers and setting limits/strategy for them to follow. Adhere to compliance of various listed unit trust fund mandates and monitor and advise on the impact of potential trades and provide solutions should these be breached.Additional Responsibilities:• Morning meetings regarding current market conditions, news and compiling and verification of daily holdings reports, compliance and the cash management of the various unit trusts. Daily and monthly composite performance calculation and ad hoc information for presentations/due diligence meetings. Auditor/custodian queries. Quarterly reporting submissions to the appropriate regulatory authority. Skills acquired: • Exposure to various asset classes and markets from a boutique contrarian deep value asset manager view. Efficient trading strategies and implantation of investment views. Trading offshore equity markets mostly in the EU, USA and various ADRs. Efficient cash flow management in a listed unit trust environment mainly using short term interest money market instruments. Exposure and input in setting of asset allocation across various investment strategies and mandates, implementing foreign exchange derivative -
Senior Investment Advisory AnalystRiscura Oct 2016 - Jul 2017Cape Town Area, South AfricaResponsibilities: • Dual management of a team of analysts to ensure deadlines are met without any error for the whole team, training new analysts to enable greater scope within the team to assist the institutional consultants with requests and projects. Furthermore, to assist in the management of a transition for institutional investors to limit the impact of market movements for the client. Additional Responsibilities: • Adding new efficiencies and systems to improve accuracy and time spent per client. New product development based on client needs and internal project to improve the level of services delivered. Skills acquired: • The dual management of the team improve my soft skills to ensure performance of the team is of a high standard. Experience with institutional clients in terms of their needs, level of service expected and client relationship management skills. Experience in transition management across bonds, money market and equity instruments improved my ability to gauge performance of brokers in terms of market execution and the allocation of brokers based on their niches and the client’s portfolio restrictions. Experience in the compliance requirements for transitions and managing expectations of the clients regarding timeline and portfolio impact of trades. -
Junior Valuation AnalystRiscura Sep 2015 - Sep 2016Cape TownResponsibilities: • Independent valuation of private equity investments based on the African continent. The valuations included private equity fund of funds and private equity LP funds. Additional Responsibilities:• Conducting independent verification of the funding model and valuation for renewable energy projects mainly focused on solar energy. Assisting private equity LPs on deal and transaction information and comparable companies for potential transactions. Skills acquired: • Financial modelling, attention to detail, evaluation of business models and accounting models, independent thinking, and work ethic. The skills gained range from attention to detail, independent verification, and analysis to determine a fair value for the business. -
Risk And Performance AnalystRiscura Jul 2013 - Sep 2015Cape TownResponsibilities: • Daily and monthly deliverable risk and performance reports for hedge funds, investigation into mandate breaches and return and/or risk statistic discrepancies/anomalies. Monthly deliverable manager and composite level pension fund risk and performance reports and ad hoc analysis into data and accuracy of performance and risk statistics. Furthermore, gained experience in regulatory reporting. Additional Responsibilities: • Monthly market presentation focused on providing independent opinion based on current economic trends, Part of a project to setup a new risk and performance report for a client. Skills acquired:• Time management, understanding of risk and performance statistics, client relationship management skills, presenting skills, analytical data analysis, and soft skills.
Spencer Korb Education Details
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Financial Economics -
Investment Management -
Willowridge High SchoolGrade 11-12 -
Pont High SchoolGrade 8-10 -
Cfa InstituteCfa Level 2 Canditate
Frequently Asked Questions about Spencer Korb
What company does Spencer Korb work for?
Spencer Korb works for Eskom Pension And Provident Fund
What is Spencer Korb's role at the current company?
Spencer Korb's current role is Equity and Fixed Income Trader.
What schools did Spencer Korb attend?
Spencer Korb attended University Of Stellenbosch, University Of Stellenbosch, Willowridge High School, Pont High School, Cfa Institute.
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