Sat, Aug 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Macro Risk Advisors creates new training and recruiting program

Wednesday, April 10, 2013
Opalesque Industry Update: Macro Risk Advisors (MRA), a leading provider of risk analysis and derivatives trade structuring for institutional investors, is aggressively expanding its research-intensive recruiting and training program to capitalize on shifts occurring at the nation’s large banks and sell side firms.

The initiative has led to the hire of Pravit Chintawongvanich, who will support MRA’s analytics effort. Mr. Chintawongvanich will report to George Lam, Head of Risk Strategy, and help execute the firm’s ambitious plan to enhance the suite of quantitative models made available to clients. He will focus on building decision-making tools that help MRA’s clients evaluate trade ideas, back test hedges and better understand and manage risk.

Mr. Chintawongvanich was formerly at RBC Capital Markets where he was an associate on the equity derivatives trading desk, assisting in execution and pricing, and building tools to manage volatility data and price option structures. He holds an M.S. in mathematical finance from the University of Toronto and a B.S. in electrical engineering from New Mexico State University.

“In the unsteady aftermath of the financial crisis, institutional investors need a trusted partner who can help them strengthen their portfolios,” said Dean Curnutt, founder and CEO of MRA. “We see a unique opportunity to expand our core expertise of analyzing global market risk on behalf of clients.”

MRA has also hired Evan Karp from BMO as a junior sales trader, working under senior institutional sales trader and principal Drew Forman. Mr. Karp is a graduate of Emory University. Roger Masi has also joined MRA to support the firm’s clearing and operations effort, reporting to John Luttenberger, Head of Compliance and Operations. He was previously with Morgan Stanley and is a graduate of Rutgers College.

Both Mr. Karp and Mr. Masi will participate in MRA’s unique Training and Mentorship Program, a set of modules that teaches financial market theory and how to support institutional clients through hands-on exercises in present-day market conditions.

“MRA is capitalizing on the substantial change afoot in the brokerage industry by expanding our staff in a significant way,” said Mr. Curnutt. “As the industry downsizes, we see a compelling opportunity to invest in today’s young professionals, and we are committed to providing them with an engaging and competitive environment for learning and growth.”

MRA provides conflict-free market strategy and execution services to a client base of institutional and alternative managers, with combined assets under management in excess of $250 billion. Founded in 2008, MRA is a FINRA-registered broker/dealer known for its sophisticated and unique analysis of global macro risks, volatility and equity derivatives.

Macro Risk Advisors

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner