professionals in the credit space
The MacKay Shields Global Fixed Income Team's greatest strength lies in their expertise in fixed-income asset allocation and credit selection. The team makes active asset allocation decisions and utilizes a number of investment strategies to implement their views, while ensuring that portfolios meet robust risk management constraints. The team has demonstrated over numerous cycles that their skills are adaptable across a range of economic circumstances and financial conditions, as well as across a wide spectrum of credit quality, industry, and geographic variables.
Dan Roberts, PhD
Chief Investment Officer, Global Fixed Income Team
Executive Managing Director
36 years of industry experience
Dan Roberts, PhD, heads the team and has primary responsibility for the oversight and asset allocation of the strategy. Dan is uniquely qualified, having held meaningful positions at the U.S. Securities and Exchange Commission, serving at The White House with the President's Council of Economic Advisors, and as Executive Director (Chief of Staff) of the U.S. Congress Joint Economic Committee. Working closely with Dr. Roberts are Senior Managing Directors, Michael Kimble, Taylor Wagenseil, and Louis Cohen, who bring their specific credit analysis expertise to bear on the unconstrained strategies.
Michael Kimble, CFA
Senior Managing Director, 31 years of industry experience
Michael Kimble, CFA, is a Senior Portfolio Manager, and his duties include being the lead portfolio manager for global high-yield and high-yield opportunities portfolios, and directly overseeing all emerging markets portfolios. Michael first became a part of the team in 1989 when Dan Roberts brought him to UBS Asset Management to manage high-yield bond portfolios. As the credit environment has developed over time, Michael has effectively adapted the group's philosophy and approach to newer markets.
Senior Managing Director, 36 years of industry experience
Taylor Wagenseil is a Senior Portfolio Manager, and his duties include being lead portfolio manager for U.S. high-yield portfolios. He was recruited by Dan Roberts in 1993 to join UBS Asset Management to manage high-yield and high-yield arbitrage portfolios. Taylor's unique public service and military experience include serving in the U.S. Navy as a Lieutenant during the Vietnam War, as well as five years as Commissioner of the Department of Elderly Affairs for the City of Boston.
Louis Cohen, CFA
Senior Managing Director, 37 years of industry experience
Louis Cohen, CFA, is a Senior Portfolio Manager, and his duties include being the lead portfolio manager for portfolios utilizing asset allocation strategies. In addition, Lou also manages leveraged loans and oversees all dedicated corporate portfolios. Lou has been with Dan Robert's team since 1991 when he joined UBS Asset Management as a Core/Core Plus portfolio manager, and also served as Director of Research and co-chaired the Credit Committee.