26 January 2021 | PGIM Fixed Income: Structural Inefficiencies And Relative Value Fixed Income
26 January 2021|9:00 AM - 10:00 AM (HKT)
PGIM Fixed Income cordially invites you to a timely discussion with Erik Schiller, Managing Director and Head of Liquidity, as he discusses the Structural Inefficiencies and Relative Value Fixed Income.
Many factors drive market prices. Fiscal and monetary policy, liquidity preferences, and investor hedging needs are some of the factors that can drive structural imbalances or dislocations that present opportunities for relative value investors. How should investors think about these strategies and their ability to deliver uncorrelated returns while constraining downside risk?
Erik Schiller, CFA, is a Managing Director and Head of Liquidity. Mr. Schiller is responsible for developed market rates for PGIM Fixed Income’s Multi-Sector and Liquidity Team, specializing in government securities, futures, interest rate swaps/derivatives, and agency debentures. Mr. Schiller holds a senior portfolio management role where he develops portfolio strategy, performs quantitative analysis, and designs and implements risk positions within the liquidity relative value strategy portfolios, multi-sector fixed income portfolios, liability-driven portfolios, and government securities focused mutual funds. Also, he has oversight of agency mortgages for the firm. Formerly, Mr. Schiller was a Vice President for PGIM Fixed Income’s U.S. Liquidity Sector Team, and previously a hedge fund analyst within the Portfolio Analysis Group. Mr. Schiller joined the Firm in 2000 as an operations associate in the mortgage-backed securities group. He received a BA with high honors in Economics from Hobart College and holds the Chartered Financial Analyst (CFA) designation.