Panel 5: What Keeps Allocators up at Night and Their Views on Hedging
Johnathan Crist, CFA FRM is a Sr. Investment Analyst at the Georgia Tech Foundation, Inc. where he is a part of the team managing $2.4B in assets. His responsibilities include managing the portfolio allocation, risk, and derivative program. Previously he worked at the UPS Group Trust in the Strategy, Asset Allocation & Risk group. Johnathan graduated from Georgia Tech with a Bachelor’s Degree in Industrial Engineering and is currently pursuing his MBA with a concentration in Quantitative Finance at the Scheller College of Business.
Carl Lantz is a Senior Portfolio Manager at the Public School Employees’ Retirement System (PSERS) which oversees the management of over $65B in assets on behalf of the Commonwealth’s current and retired public school employees. Carl is responsible for $12B in assets invested with external managers across public market asset classes including equities, fixed income, real assets and tail risk mitigation.
Prior to joining PSERS, Carl was a Managing Director at Credit Suisse Securities LLC where he spent more than a decade in various roles including US Head of Global Macro Products Strategy and Co-Head of Global Interest Rate Strategy. In addition to formulating and communicated top-down market views, Carl specialized in structuring interest rate and cross-market derivatives trades.
Carl began his career as an economic researcher at the Federal Reserve Bank of Richmond where he focused on macroeconomics, monetary policy and capital markets.
Carl received a BA in Economics from Dickinson college and an MBA in Finance from Columbia University. Carl is a CFA Charterholder.
Oleg Mogilny is Managing Director, Public Market Alternatives and Factor Investing. He heads IMCO’s investments in public market alternatives with an objective to deliver absolute returns with low beta to equity markets.
Oleg has 20 years of experience in research, trading and portfolio management across major global public markets.
Prior to joining IMCO in 2019, Oleg led the Quantitative Strategies and Research group at Ontario Teachers’ Pension Plan (OTPP). In this role he managed systematic absolute return strategies and investment-focused data science initiatives. During his 16-year career at OTPP, Oleg had progressive roles in Capital Markets, Tactical Asset Allocation and Public Equities teams, being responsible for macro strategies, systematic programs, factor investing, equity portfolio construction, thematic and hedging portfolios.
Oleg Mogilny holds an MBA from McGill University and a Master’s degree in Economics from Kyiv School of Economics. He is a CFA charterholder.
David Warn is the Chief Risk Officer for the Office of Investments at University of Chicago, specializing in market risk management, analytical development, and risk and liquidity forecasting. He manages the Endowment’s strategic allocation to long volatility/tail hedging. Prior to joining the University in 2010, David spent six years with Morgan Stanley in London as head of equity risk analytics where he monitored European equity market risk. Previously, he was in a quantitative risk management role at Banca Intesa SpA in London, covering their exotic equity derivatives book.
David holds a PhD in Medical Statistics from the University of Cambridge, UK, and MSc and BSc degrees in Mathematics from Imperial College, London.
Randolf Roth is a member of the Executive Board of Eurex Frankfurt AG / Management Board of Eurex Deutschland, responsible for Equity & Index Derivatives.
Until February 2016, Randolf Roth served as CEO of two related companies: Zimory GmbH and Deutsche Börse Cloud Exchange AG in Berlin. Previously, between 1999 and 2014, he had already been working for Eurex in London, Chicago and Frankfurt in a number of roles including Head of Strategy and Head of Market Structure. From 2011 to 2016, he was a member of the Board of Directors of the European Energy Exchange (EEX).
Randolf Roth holds a PhD in Financial Engineering from Technische Universität Dresden.