team Portfolio Management & Research Cynthia Tusan, CFA (20+ Years Investment Experience) [more]
INTRODUCTION
Ms. Tusan is the President of SGA. Ms. Tusan leads the portfolio management team for the firm, as well as, serves an active role in the research and model development process. Her investment career spans more than 20 years, including 16 years with Wells Fargo where she began in 1989 as a Senior Portfolio Manager. In 1996, Ms. Tusan started the Risk Management Group for Wells Capital Management, and eventually led their international equity team in running over $1 billion in international equity assets, and served as a Senior Global Analyst for a team managing over $2 billion in domestic and international equities. Ms. Tusan earned her BA in Economics from Bryn Mawr College and her MBA from the Anderson School at UCLA. She is a CFA charterholder, and a member of the CFA Society of Los Angeles and the CFA Society of Orange County. ctusan@sgadvisors.com [less]
Gary Baierl , PhD (14 Years Investment Experience)[more]
INTRODUCTION
Dr. Baierl is the Chief Investment Officer of SGA. Dr. Baierl leads the firm’s research and model development effort and is an active member of the portfolio management team. Previously he served as the Director of Quantitative Research at Causeway Capital Management where he developed the quantitative screens and the risk model used by the firm in their stock selection and portfolio construction processes. In addition, he launched and managed their quantitative market neutral international equity hedge fund. Prior to Causeway, Dr. Baierl was head of quantitative research at Hotchkis and Wiley and also was a senior consultant in the Research Group at Ibbotson Associates. Dr. Baierl received his PhD in Managerial Economics and Decision Science from Northwestern University and his BA in Mathematics and Economics from Boston University.gbaierl@sgadvisors.com [less]
Mark Wimer, CFA (16 Years Investment Experience)[more]
INTRODUCTION
-->
Mr. Wimer is a Senior Quantitative Analyst and Portfolio Manager of SGA. His responsibilities include day-to-day management of portfolios as well as developing and enhancing quantitative stock selection models and portfolio construction techniques. Mr. Wimer was most recently a portfolio manager for several quantitatively-driven domestic and international equity strategies at Harris Investment Management in Chicago. Previously, he developed quantitative stock selection models for Chicago Investment Analytics, where SGA colleague Cynthia Tusan was a client of his. Prior to that, Mr. Wimer performed investment research in the areas of stock selection, asset allocation, and manager selection at Ibbotson Associates, where he worked with SGA colleague Gary Baierl. He also spent three years at Barra RogersCasey, an institutional investment consulting firm. Mr. Wimer has a BS in Computer & Electrical Engineering from Purdue University and an MBA from the Johnson School at Cornell University. He is a CFA charterholder, a member of the CFA Society of Chicago and the Chicago Quantitative Alliance.
mwimer@sgadvisors.com [less]
Cherie Badri, CFA (17 Years Investment Experience)[more]
INTRODUCTION
Ms. Badri is a Senior Research Analyst and Portfolio Manager of SGA. Ms. Badri spent eight-plus years as an associate research analyst covering the leisure and specialty retail industries at William Blair & Company, a Chicago investment bank. Most recently she was an analyst at Picoco in Newport Beach where she co-managed a fund focused on small-cap companies. Ms. Badri received her BA in Economics from Northwestern University and her MBA and MS in Finance from the University of Illinois at Urbana-Champaign. She is a CFA charterholder and is a member of the CFA Society of Orange County.
cbadri@sgadvisors.com [less]
Matt Reed (6 Years Quantitative Modeling and Programming Experience)[more]
INTRODUCTION Mr. Reed joined Strategic Global Advisors in 2010 as a Senior Financial Analyst after completing the Master of Financial Engineering degree at the University of California, Berkeley. Having prior worked in the aerospace industry, Matt brings 6 years of experience in software development and quantitative analysis. As an engineer at Northrop Grumman Aerospace Systems he developed spacecraft pointing control systems for a variety of NASA and DOD space programs. In his last project he held three lead positions on the LCROSS lunar impactor, the NASA program that confirmed the presence of water on the moon. Matt's previous finance experience includes an internship with Spot Trading where he developed strategies and software to support equity options trading activities. Matt has also earned a BS and MS in Mechanical Engineering from the Georgia Institute of Technology. Additionally, he passed all three levels of the CFA Program and will be eligible for the CFA charter upon completion of the required work experience.
[less]
Marketing, Operations and Compliance Ashley Duva (13 Years Operations Experience)[more]
INTRODUCTION
Ms. Duva is the Chief Operating Officer and Chief Compliance Officer of SGA. She is responsible for the compliance, operations and trading of the firm. Ms. Duva gained 8 years Operations experience at Charles Schwab & Co., mainly within their Managed Account Services group. While working within the Managed Account Services group at Schwab she held various managerial roles in Operations, Project Management, Product Development and Sales, to create system infrastructure, operational efficiencies and to launch new Managed Account products, most notably the Managed Account Select®, Managed Account Access® and Schwab Managed Portfolios™ platforms. Ms. Duva earned her BA in Anthropology from The University of the South.
aduva@sgadvisors.com [less]
INTRODUCTION Mr. King is Director of Marketing for SGA. He leads the firm’s new business development by calling on plan sponsors and consulting firms throughout the U.S. Previously, he served as Senior Vice President of Marketing for Smith Breeden Associates where he was the relationship manager for consulting firms and large plan sponsors in the Western U.S. Prior to Smith Breeden, King was first a Marketing Manager, and later Vice President of Consultant Sales, for Trusco Capital Management in Atlanta, GA. Before entering the financial management industry, King worked for a decade in Journalism including six-years with CNN Sports Illustrated. King received his MBA in Finance from Georgia State University and his BA in Journalism from the University of North Carolina. He is a CFA charterholder and is a member of the CFA Society of North Carolina.
sking@sgadvisors.com [less]
Advisory Board Professor Richard Frankel, PhD[more]
INTRODUCTION
Professor Richard Frankel joined SGA’s Advisory Board in April 2007. Professor Frankel is a Beverly and James Hance Chair of Finance at Washington University in St. Louis and has taught at Olin since 2005. Prior to that, he was a professor at the MIT Sloan School of Management and the University of Michigan. At Michigan and MIT, he received the MBA Student Awards for Teaching Excellence. In 2003, he received the American Accounting Association, Notable Contribution Award with Charles Lee). He received first place awards in the I/B/E/S 25th Anniversary Global Expectation Research Competition (1996) and the Chicago Quantitative Alliance Earnings Expectation Research Competition (1995). His principal teaching interest is financial accounting and reporting. His research focuses on valuation using accounting numbers and on corporate managers' use of conference calls, earnings forecasts, and pro-forma earnings. Professor Frankel earned his BS, MAS and CPA from University of Illinois and his PhD from Stanford University. [less]
Dr. Brennan is the former Irwin and Goldyne Hearsh Professor of Banking and Finance at the University of California, Los Angeles, and Professor of Finance at the London Business School. He is currently Emeritus Professor at UCLA and Distinguished Visiting Professor at the University of Manchester. He was educated at Oxford, Pittsburgh and MIT. Dr. Brennan's research interests include asset pricing, corporate finance, the pricing and role of derivative securities, market microstructure, and the role of information in capital markets, and he has published extensively in all of these areas. He is currently working on several issues, including institutional investing and asset markets, liquidity and asset pricing, and forecasting equity returns. In 2002 he presented the first Clarendon Lectures in Finance at the University of Oxford.
A former President of the American Finance Association, the Society for Financial Studies, and the Western Finance Association, Dr. Brennan has also served as Editor of the Journal of Finance and was the Founding Editor of the Review of Financial Studies. He has received numerous prizes for his research including the INQUIRE Europe Prize and the Graham and Dodd Award of Excellence. A Fellow of the American Finance Association and a former director of the National Bureau of Economic Research, he has received honorary degrees from the Universities of Lancaster and London, B.I., Norway, St Gallen, the University of Zurich and the Copenhagen Business School, and has consulted extensively for government and business in Canada and the US. [less]
Alison Davis, Managing Partner of Belvedere Capital, joined SGA’s Advisory Board in 2006. Prior to joining Belvedere, Ms. Davis was the CFO of Barclays Global Investors, the San Francisco-based institutional money management firm with over $1.5 trillion of assets under management with operations in North America, Europe and Asia. Ms. Davis began her career with McKinsey and Company in 1984 and joined A.T. Kearney in 1993 as a leader of the Global Financial Institutions Group in New York and later in San Francisco where she also took on the role of West Coast Practice Leader. Ms. Davis is a Director of First Data Corporation, Broadlane, Les Concierges, Presidio Bank, Hometown Commercial Capital, and BenefitStreet. Ms. Davis has a BA with honors and a Masters degree from Cambridge University in England, and a combined MBA from Harvard Business School and Stanford Graduate School of Business. [less]
Bill Borland joined the SGA’s Advisory Board in October 2008. Previously Mr. Borland was the Managing Director of Sales, Service, and Relationship Management for Russell Investment Group’s institutional business. In this role, Bill led the institutional team to develop, promote and implement investment solutions for a wide range of clients including traditional and alternative investments, policy implementation, overlay services (LDI & Portable Alpha) transition management and consulting. Mr. Borland also served as a member of Russell’s Institutional Investment Group’s senior management team which oversees the company’s institutional business. He was a member of Russell’s Operating Committee which governs the firm’s International Investment Services strategic business direction. Mr. Borland joined Russell in 1996 as a client executive for Russell’s Analytical Services Division. Prior to joining Russell, Bill was with Reardon, Rivard & Associates, from 1994 to 1996, and Xerox Corporation from 1985 to 1994. Currently, Mr. Borland is involved in the “For the Children” program, a nonprofit organization that offers Belarusian children in need a health respite from the after effects of the Chernobyl accident, an effort for which he won the Jane T. Russell “Heart and Soul” award in 2004.
Mr. Borland earned his BA in Mathematics from the University of Washington in 1985 and is a CFA charterholder. [less]
