Paul is the head of fixed income efficient beta, responsible for managing the firm’s quantitative, factor-based fixed income strategies, including the High Yield Beta strategy. Previously at the firm, Paul was a senior portfolio manager responsible for the yield curve arbitrage strategy within global asset allocation portfolios. Additionally, he engineered and built the process to automate fixed income portfolio rebalancing and improve operational risk control.

Prior to joining the firm, Paul was a senior fixed income portfolio associate at PIMCO, where he analyzed portfolios, and implemented and managed active US and global fixed income portfolios. Previously, he was a trader at Westdeutsche Landesbank Tokyo, where he built the interest rate swaps trading desk, and a trader at Bankers Trust Tokyo, where he ran the Japanese government bond book. Both positions included market making and proprietary trading. Paul has been in the investment industry since 1994.

Paul received a BA from University of Michigan at Ann Arbor. He holds the CFA® designation and is a member of CFA Institute.