Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:TCW's Risk Chief Fills Post at Guggenheim Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, October 31, 2013

TCW's Risk Chief Fills Post at Guggenheim

Reported by Tommy Fernandez

Guggenheim [profile] has lured away a top risk executive from TCW [profile].

Guggenheim hired today Joseph Burschinger as senior managing director and chief risk officer, portfolio management. He joins Guggenheim after 13 years at Los Angeles-based asset-manager TCW Group Inc., most recently as Executive Vice President and Chief Risk Officer.

“We are pleased to have Joe join us as Chief Risk Officer focused specifically on risk management of our diverse portfolio strategies,” stated Scott Minerd, global chief investment officer. “Adding Joe’s deep expertise underscores our unwavering commitment to safeguard our clients’ assets and continuously analyze and actively manage portfolio risks while maintaining high standards of performance.”

In his new role at Guggenheim, Burschinger will report to Minerd and proactively manage and advise on potential portfolio risks to best ensure investment objectives are achieved in a disciplined and consistent fashion. He will work with portfolio managers to further advance Guggenheim’s capability to identify, measure, monitor, and actively manage all types of potential portfolio risk attributes.

Prior to joining TCW in 2000, Burschinger spent five years as a Senior Manager in Arthur Andersen’s Financial Services Business Consulting Group in Los Angeles. Earlier in his career, he worked as a supervisor with the Federal Reserve Bank of San Francisco, Los Angeles Branch, and an economic analyst with the U.S. Securities and Exchange Commission.

Here is the press release:
Company Press Release

Guggenheim Investments Hires Joseph Burschinger as Chief Risk Officer in Portfolio Management

Hiring Underscores Firm’s Longstanding Commitment to Exceptional Performance and Active Risk Management
Guggenheim Investments, the investment management and advisory business of Guggenheim Partners, today announced the hiring of Joseph M. Burschinger as Senior Managing Director and Chief Risk Officer, Portfolio Management. Mr. Burschinger joins Guggenheim after 13 years at Los Angeles-based asset-manager TCW Group Inc., most recently as Executive Vice President and Chief Risk Officer.

“We are pleased to have Joe join us as Chief Risk Officer focused specifically on risk management of our diverse portfolio strategies,” said Scott Minerd, Global Chief Investment Officer. “Adding Joe’s deep expertise underscores our unwavering commitment to safeguard our clients’ assets and continuously analyze and actively manage portfolio risks while maintaining high standards of performance.”

In his new role at Guggenheim, Mr. Burschinger will report to Mr. Minerd and proactively manage and advise on potential portfolio risks to best ensure investment objectives are achieved in a disciplined and consistent fashion. He will work with portfolio managers to further advance Guggenheim’s capability to identify, measure, monitor, and actively manage all types of potential portfolio risk attributes.

Prior to joining TCW in 2000, Mr. Burschinger spent five years as a Senior Manager in Arthur Andersen’s Financial Services Business Consulting Group in Los Angeles. Earlier in his career, he worked as a supervisor with the Federal Reserve Bank of San Francisco, Los Angeles Branch, and an economic analyst with the U.S. Securities and Exchange Commission.

Mr. Burschinger holds an M.B.A. in International Finance from the University of Southern California’s Marshall School of Business and a B.A. in Economics from Santa Clara University.

About Guggenheim Partners

Guggenheim Partners is a privately held global financial services firm with more than $190 billion in assets under management. The firm provides asset management, investment banking and capital markets services, insurance services, institutional finance and investment advisory solutions to institutions, governments and agencies, corporations, investment advisors, family offices and individuals. Guggenheim Partners is headquartered in New York and Chicago and serves clients around the world from more than 25 offices in eight countries. For more information about Guggenheim Partners, visit www.guggenheimpartners.com.
 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use