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Medley Global Advisors Adds to Strategist and Emerging Markets Teams

2007-05-09 09:58 6399

NEW YORK, May 9 /Xinhua-PRNewswire/ -- Medley Global Advisors, LLC (MGA), the leading independent provider of policy intelligence to hedge funds, asset managers, investment banks, and governments, announced today that it has hired Michael Schetzel as a Strategist for its Client Team and Gustavo Rangel as a Latin America Analyst in its Emerging Markets Group.

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Michael Schetzel was a Strategist for the Connecticut based global macro hedge fund Bridgewater Associates prior to joining MGA. Before that he worked for nine years at the Federal Reserve Bank of New York, where he was Chief Dealer of the Foreign Exchange and Investment Desk, as well as Responsibility Manager for Permanent Open Market Operations and Trader/Analyst in the Government Securities Staff of the Markets Division. He also worked at the Bank of England as a Portfolio Manager of dollar and yen denominated fixed income portfolios as well as Analysis Team Manager in the BOE’s Foreign Exchange Division. He holds a Masters in International Affairs, Banking and Finance from the Columbia University School of International and Public Affairs, as well as degrees from the University of Maryland and the University of London.

Gustavo Rangel joined MGA from Barclays Capital’s Emerging Markets Research group, where he provided research and analysis of central banks, fiscal policy, and domestic politics of the Latin America region, including Brazil, Argentina, Chile, Ecuador, Peru, Colombia, Mexico and Panama. Before that he was an Equity Analyst at Banco Boreal in Brazil. He holds a Doctorate in Economics from the University of Illinois at Champaign-Urbana and a BA in economics from the Catholic University of Rio de Janeiro.

"Both candidates bring a powerful understanding in their respective areas of the interplay between the policy world and the financial markets that is so critical to our firm and to our clients," said Sassan Ghahramani, MGA’s Chief Executive Officer.

"Michael will be able to draw on his experience at the Federal Reserve and at Bridgewater, one of the largest global hedge funds, to connect the dots between monetary policy developments and potential investment strategies for clients. Gustavo will be able to draw on his experience as Latin America analyst to identify and handicap the major economic and political developments in the region that clients need to be watching out for. We are very excited to have both of them on our team."

About MGA

MGA analyzes primary sourced and public input from policymakers and applies it to industry and financial markets to help clients and policymakers anticipate key macro and regulatory events that affect them. MGA provides services covering select G7/OECD fixed income and currency markets, emerging markets, telecoms, utilities, and energy markets. It was founded in 1997 and is headquartered in New York City, with offices in Washington DC, London, and Tokyo.

For more information on MGA, visit http://www.medleyadvisors.com . To contact the firm, e-mail advisors@medleyadvisors.com or call Launa Myrie at 212 219 9096.

Source: Medley Global Advisors, LLC
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