Guggenheim Investments Appoints Patricia Zobel as Head of Macroeconomic Research and Market Strategy for Guggenheim Partners Investment Management
May 06 2024 - 1:53PM
Guggenheim Investments today announced the appointment of Patricia
Zobel as Senior Managing Director and Head of Macroeconomic
Research and Market Strategy for Guggenheim Partners Investment
Management (GPIM).
Ms. Zobel will lead GPIM’s team of economists and market
strategists who help to formulate the firm’s global macro-outlook
and market views. She will report to Anne Walsh, Chief Investment
Officer for GPIM.
Ms. Zobel brings extensive experience in fixed-income markets
and monetary policy. As an executive at the Federal Reserve Bank of
New York (New York Fed), she served as deputy manager and manager
pro tem of the Federal Reserve’s System Open Market Account (SOMA)
securities portfolio. In this capacity, she led implementation of
U.S. monetary policy as directed by the Federal Open Market
Committee (FOMC), and provided insight on global financial markets
to the Committee.
“Macroeconomic Research and Market Strategy is a cornerstone of
our team-based investment process,” said Ms. Walsh. “Patricia will
lead the group responsible for establishing the house view on the
economic outlook, market strategy, and monetary policy. In these
challenging markets, she brings a wealth of experience that will
prove invaluable as we shape portfolio strategy going forward.”
“We are delighted to welcome Patricia to Guggenheim,” said Dina
DiLorenzo, President of Guggenheim Investments. “Today’s
appointment is the latest in a series of additions designed to
enhance our ability to serve clients, drive value for our
stakeholders, and support our strong growth. Patricia will help
maintain and expand our firm’s leadership in market and economic
research and commentary.”
During her career at the New York Fed, Ms. Zobel held roles of
increasing responsibility. Prior to serving as deputy manager and
manager pro tem for the SOMA, she was Director of the New York
Fed’s Discount Window and held portfolio management, trading, and
analyst positions. She also served as an institutional fixed-income
investment manager at The Andrew W. Mellon Foundation.
About Guggenheim InvestmentsGuggenheim
Investments is the global asset management and investment
advisory division of Guggenheim Partners, with more than
$234 billion¹ in total assets across fixed income, equity, and
alternative strategies. We focus on the return and risk needs of
insurance companies, corporate and public pension funds, sovereign
wealth funds, endowments and foundations, consultants, wealth
managers, and high-net-worth investors. Our 235+ investment
professionals perform rigorous research to understand market trends
and identify undervalued opportunities in areas that are often
complex and underfollowed. This approach to investment management
has enabled us to deliver innovative strategies providing
diversification opportunities and attractive long-term results.
Media Contact
Gerard CarneyGuggenheim
Partners917.703.6368Gerard.Carney@guggenheimpartners.com
1Guggenheim Investments assets under management are as of
3.31.2024 and include leverage of $14.5bn. Guggenheim
Investments represents the following affiliated investment
management businesses of Guggenheim Partners, LLC: Guggenheim
Partners Investment Management, LLC, Security Investors, LLC,
Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment
Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim
Partners Europe Limited, Guggenheim Partners Japan Limited, and GS
GAMMA Advisors, LLC.