Laurent-O. Villiard, CFA, MSc

Portfolio Management • Operational and strategic management of fixed income and multi-asset mandates within segregated and pooled fund structures versus a variety of benchmarks: levered index / index + bps / index / agnostic / LDI • Developing derivative, duration, and curve strategies as well as credit relative value views, macro forecasts, and credit enhancement strategies. Trading • Broker relationship management • Credit / duration / curve trading • Execution of derivative strategies • Voice / electronic trading via Bloomberg, Candeal, and FXconnect

Portfolio management: • Operational management of fixed income portfolios vis-à-vis daily transactions and forecasted events • Strategic management of fixed income portfolios’ positioning versus a variety of mandates/benchmarks. Trading: • Government/Corporate credit, duration, and curve trading • Management and execution of repos/forwards/futures • Management and execution of interest rate swap hedging strategies • Execution of FX hedging programs • Money market supervision/management for cash and performance linked mandates • Global equity execution; backup

• Reported directly to V.P. (Investment solutions & LDI) and Chief Investment Officer • Constructed customized investment strategies and optimal asset allocation solutions • Thought Leadership Committee

• Worked directly with the EAFE and Global portfolio managers • Created in-depth analytical tools and excel interfaces to assist portfolio managers • Presented research on the evolution of past and modern financial modeling

+Won the Quebec competition representing Sherbrooke University against the major Universities +Advanced to the Americas Regional Finals (50 teams representing the major North American Universities). The CFA Institute Research Challenge's components include: • Extensive analysis of a security, its financial variables, its sector, and potential growth • Presentation of research and investment recommendation to panel of market experts (from renowned investment banks and asset managers)

Thesis: "Evolution of fundamental valuations and technical analyses on international equity securities" CFA Research Challenge Team: Won the Quebec Regional Finals to advance to the Americas Final (top 50 teams from major North American Universities).