RBC WEALTH MANAGEMENT
GLOBAL MANAGER RESEARCH ANALYST
What’s top of your to-do list?
I’m looking to streamline my recommended funds as well as take a fresh look at the international/global bond universe.
What is keeping you awake at night (work wise)?
With investors seeking more yield or lower duration strategies, I am concerned investors may gravitate toward less-traditional fixed income instruments that may unwittingly increase the correlation of that part of their portfolio to equity markets. The portfolio will perform well as equity markets rise, but when markets inevitably take a turn down, the investor won’t benefit from the low correlation ballast that fixed income is meant to provide.
Bestselling fund of last year?
Like many firms, Pimco Income was our highest-selling mutual fund during 2016.
Best meeting you’ve ever had?
Meetings with Dan Fuss at Loomis Sayles and Penny Foley at TCW stand out for me. Fuss has been a leader in the space for so long and Foley was actually one of the pioneers of emerging market debt investing. The wealth of knowledge there is pretty incredible. Macroeconomic conversations with extremely bright managers such as Sonal Desai at Franklin Templeton and Eric Stein at Eaton Vance are also highlights. Thankfully, the list of people I’ve enjoyed meeting with vastly outnumbers the bad meetings.
Worst meeting you’ve ever had?
I had a meeting with a hedge fund manager who asked me if we planned to recommend the fund to more clients – we had one client with a large amount invested in the strategy as part of a legacy investment. When I told him the meeting was part of our ongoing due diligence rather than looking to fill a new mandate, he shouted, ‘then why am I even here?’ and stormed out. I can’t say that did a lot to increase my conviction in the strategy.
If you weren’t doing this job, what would you be doing?
I would like to think I’d be a nuclear physicist, which is what I initially pursued in college. The fact that I would likely still be in a PhD program though, makes me much less wistful about the idea.
What are your interests outside of work?
I enjoy walking around the lakes near Minneapolis, checking out new restaurants, and reading – both novels (right now it’s All the King’s Men), and political or social commentary.
If you could travel anywhere in the world, where would it be?
I’d love to go to Spain to see the architecture in Madrid and the Guggenheim in Bilbao. I also have an ever-expanding list of warm places with clear water I’d like to visit, such as the Seychelles, Bora Bora and Phuket.
If we gave you $1,000, how would you invest it?
I would add to my international equity holdings. The US trade could very well have some strength ahead of it, but more upside is already priced into the US right now than many international markets.
Do you have any hidden talents?
Talent might be a strong word, but I grew up playing saxophone and singing in choirs, so there’s some amount of musicality still in me. I’ve been told I’m a good cook (when I try), and I also make a strong bar trivia teammate.