10 October 2018
Man Numeric, Man Group’s fundamentally driven quantitative investment business, today announces the appointments of Paul Kamenski and Robert Lam as Co-Heads of Credit, based in Boston.
In these new roles, Paul and Robert will be responsible for the ongoing development and day-to-day portfolio management of all credit strategies at Man Numeric. Man Numeric’s newly launched credit business leverages the firm’s nearly 30 years of experience in quantitative equity investing, along with Man Group’s combined scale and expertise in credit investing and execution, to build an institutional-quality systematic credit offering for clients.
Paul Kamenski joined Man Numeric in 2012. He was most recently a Senior Quantitative Researcher in the Strategic Alpha Research group and began leading the firm’s research in fixed income and corporate bonds in 2017. Strategic Alpha Research is a distinct research group within Man Numeric with a mandate to focus on open-ended research driven by innovation and discovery. Paul began his career at Man Numeric as a portfolio analyst. He holds a Bachelor of Science degree in Materials Engineering from the University of Wisconsin and a Master of Science degree in Materials Modelling from the University of Oxford. He is a CFA® charterholder.
Robert Lam joins Man Numeric from Apollo Global Management, where he spent three years leading quantitative research and data science for the liquid opportunistic credit platform, with a focus on long-only high yield and long-short credit. Robert was previously a credit portfolio manager at Incapture Investments, where he researched and managed quantitative systematic credit strategies across investment grade and high yield and also developed a quantitative systematic market neutral credit strategy. Robert began his career at Deutsche Bank, spending five years in structured credit and as a single-name trader in corporate bonds and credit default swaps. He holds a Bachelor of Applied Science degree in Systems Design Engineering from the University of Waterloo.
Shanta Puchtler, President and CEO, Man Numeric, said:
“We are very excited to officially launch Man Numeric’s credit business, which is the product of an ongoing research effort by our Strategic Alpha Research group. Paul is well positioned to co-lead credit given his significant role developing this effort, and Robert undeniably brings valuable experience in working with alternative data sets and developing quantitative credit models. Man Numeric has always been focused on systematic, fundamentally-driven security selection and portfolio construction, and we believe our quantitative, bottom-up investment approach is well suited for application to the fixed income market.”
Paul Kamenski, Co-Head of Credit, Man Numeric, said:
“Man Numeric’s overall investment philosophy is based on longer-term, sustainable sources of alpha that are similar to the characteristics a fundamental credit analyst would look for. A portion of our credit models use the valuation and information flow signals we’ve been trading in our equity strategies for many years, while also employing an entirely new set of fixed income specific data sources and signals. I look forward to working alongside Robert as we introduce this offering to our clients.”
Robert Lam, Co-Head of Credit, Man Numeric, said:
“As an experienced quantitative investment business, Man Numeric aims to exploit the explosion of data we’ve seen in credit in recent years. The industry as a whole is still in the early days of quantitative credit investing, which we believe creates a potential advantage for those with existing data proficiency and a differentiated systematic approach. On top of this, Man Numeric’s access to the combined scale and credit investment expertise of Man Group is a differentiator compared to other purely quantitative managers in my view.”