Fixed-income markets
Specialist perspective on European government bonds, sovereign and SSA markets, rates derivatives, inflation, repo and financing.
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Specialist Consulting
Selected paid assignments
Fixed-income and macro expertise for complex markets.
Independent specialist assignments drawing on more than twenty-six years in senior fixed-income trading, European rates, macro and relative-value strategies, fixed-income portfolio construction, market structure, risk and leadership.
Expertise
Selected areas
Deep market experience.
Clear, practical judgement.
Macro & relative value
Independent analysis of macro regimes, monetary and fiscal policy, curves, spreads, basis, liquidity and relative-value trading opportunities.
Portfolio, risk & leadership
Practical experience in fixed-income portfolio strategy, risk frameworks, senior trading leadership, institutional relationships and trader development.
How I approach markets
Direction sets the context. Relative value shapes the expression.
My process combines two complementary engines: top-down macro analysis to identify the prevailing regime, and bottom-up relative-value work to decide how a view should be expressed. Rather than relying on one static position, the aim is to rotate among several related expressions as valuation, carry, liquidity and catalysts evolve.
RegimeRelationshipImplementationAdaptation
Read the full perspective Expert calls & executive briefings
Clear, independent perspective for senior decision-makers confronting complex fixed-income, macro or market-structure questions.
Liquidity & financing analysis
Specialist analysis of fixed-income market plumbing, dealer balance sheets, repo, collateral, execution and changing liquidity conditions.
Portfolio & risk reviews
Critical review of portfolio construction, relative-value frameworks, scenario analysis and risk processes for professional teams.
Trading organisations & talent
Practical support on desk organisation, risk culture, hiring, trader development and leadership through changing market regimes.
Trading governance & market conduct
Practical insight into trading-desk governance, risk escalation, supervision, surveillance, valuation controls and the operational implications of changing market-conduct requirements.
Professional market perspective only; not legal advice, compliance certification or regulatory representation.