Scott Minerd

Scott Minerd’s Biography

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Scott Minerd is Founding Managing Partner, Global Chief Investment Officer & Chairman of Guggenheim Partners and a member of its Executive Committee. In his role as Chairman and Global CIO, he guides the firm’s investment strategies and leads research on global macroeconomics.

Scott is a highly regarded and trusted voice in the financial world. His expertise is sought after in a range of financial matters, notably during times of significant financial developments affecting both micro and macroeconomic issues. He is a regular guest and contributor to leading financial media outlets, including WSJ, FT, Bloomberg and CNBC where he shares insights on today’s financial climate.

Before founding Guggenheim, Scott was a Managing Director with Credit Suisse First Boston. In this role, he oversaw trading and risk management for the Fixed Income Credit Trading Group and was responsible for trading business units, including corporate bonds, sovereign debt and derivatives securities. Prior, he was Morgan Stanley’s London-based European Capital Markets Products Trading & Risk Manager responsible... Scott Minerd is Founding Managing Partner, Global Chief Investment Officer & Chairman of Guggenheim Partners and a member of its Executive Committee. In his role as Chairman and Global CIO, he guides the firm’s investment strategies and leads research on global macroeconomics.

Scott is a highly regarded and trusted voice in the financial world. His expertise is sought after in a range of financial matters, notably during times of significant financial developments affecting both micro and macroeconomic issues. He is a regular guest and contributor to leading financial media outlets, including WSJ, FT, Bloomberg and CNBC where he shares insights on today’s financial climate.

Before founding Guggenheim, Scott was a Managing Director with Credit Suisse First Boston. In this role, he oversaw trading and risk management for the Fixed Income Credit Trading Group and was responsible for trading business units, including corporate bonds, sovereign debt and derivatives securities. Prior, he was Morgan Stanley’s London-based European Capital Markets Products Trading & Risk Manager responsible for a range of products, including Eurobonds, domestic European Bonds and money market products in 12 European currencies and Asian markets.

Scott is on the Board of RFK Human Rights and was appointed to the IMF Global Pandemic Policy Panel. He is also a member of the Federal Reserve Bank of NY’s Investor Advisory Committee on Financial Markets, advising the NY Fed President about financial market developments, risks facing the financial system, and actions to help mitigate these risks.

He holds a BS in Economics from the Wharton School, University of Pennsylvania and has completed graduate work at his alma mater and the University of Chicago Graduate School of Business. moreless

Scott Minerd’s Newsfeed

Financial Times

For lessons on fighting inflation, skip Volcker and remember 1946

With pundits looking to the past for relevant comparisons for today's inflation worries, Scott Minerd says we should look to the postwar era, when the Fed was able to rein in a spike in prices triggered by postwar pent-up demand.

Scott Minerd’s Background

Guggenheim Partners

Managing Partner, Global CIO, Chairman of Guggenheim Investments

New York, NY, USA

Guggenheim Partners is a global investment and advisory firm with more than $315 billion in assets under management (as of March 31, 2021). Scott guides the firm’s investment strategies and oversees client accounts across a broad range of fixed-income and equity securities.

Credit Suisse First Boston

Managing Director

New York, NY, USA

Scott was in charge of trading and risk management for the Fixed Income Credit Trading Group. He was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units.

Morgan Stanley

European Capital Markets Products Trading and Risk Manager

London, UK

Scott was responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities and money market products in 12 European currencies and Asian markets.

Merrill Lynch

Capital Markets

New York, NY, USA

Merrill Lynch is one of the world's premier providers of wealth management, securities trading and sales, corporate finance and investment.

PricewaterhouseCoopers

Certified Public Accountant

New York, NY, USA

PwC is a multinational professional services network with headquarters in London. It is the second largest professional services firm in the world, and is one of the Big Four auditors.

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Board Positions

International Monetary Fund

Global Pandemic Policy Panel

Washington, DC, USA

The Global Pandemic Policy Panel was created to provide input on policy challenges, including the Coronavirus pandemic and its massive economic impact.

Previous Board Positions

Federal Reserve Bank of New York

Investor Advisory Committee on Financial Markets

New York, NY, USA

Scott helps advise the NY Fed President and senior management at the bank about the current financial markets and ways the public and private sectors can better understand and mitigate systematic risks.

Organization for Economic Co-operation and Development (OECD)

Advisor

New York, NY, USA

Scott advised the Organization for Economic Cooperation and Development (OECD) on research and analysis of private sector infrastructure investment,

Philanthropy

RFK / Robert F. Kennedy Human Rights

Board of Directors

New York, NY, USA

Robert F. Kennedy Human Rights, founded in 1968, is led by human rights activist and lawyer Kerry Kennedy and advocates for a more just and peaceful world. Working alongside local activists to ensure lasting positive change in governments and corporations, the RFK team includes leading attorneys, advocates, entrepreneurs and writers united by a commitment to social justice.

Stanford University

Board of Overseers | Hoover Institution

Stanford, CA, USA

The Hoover Institution seeks to improve the human condition by advancing ideas that promote economic opportunity and prosperity, while securing and safeguarding peace for America and all mankind.

Media

Fed's Hawkish News Positive for Bond Market, Minerd Says

Interview

Jun 2021

New York City, NY, USA

Scott Minerd, Guggenheim Global CIO, joins "Bloomberg Markets" to discuss recent Federal Reserve officials announcing that they will keep interest rates near zero, while also signaling that they expect two rate increases by the end of 2023.

CNBC: The Exchange

Interview

Feb 2021

New York, NY, USA

Scott Minerd, Guggenheim Partners global chief investment officer and chairman of investments, joins 'The Exchange' to discuss his thoughts on bitcoin, interest rates and his market outlook.

Bloomberg TV: Scott Minerd

Interview

Jan 2021

New York, NY, USA

Scott Minerd, Chairman of Investments and Global CIO at Guggenheim Partners, explains what unprecedented monetary and fiscal policy could mean for the U.S. economy. Scott also describes the rally in cryptocurrencies as moving into a speculative frenzy, but says there is still potentially a lot of upside.

Minerd Says Fed's Main Street Lending Program a 'Disaster'

Interview

Oct 2020

Scott Minerd, Guggenheim Global chief investment officer, says the Federal Reserve's Main Street Lending program intended to aid small businesses impacted by the pandemic has been a "disaster." He speaks with Bloomberg's Sonali Basak on "Bloomberg Markets: The Close."

Examining the Fed’s ‘Low for Long’ Rate Strategy

Interview

Sep 2020

Scott Minerd, Chairman of Investments and Global CIO, joins Bloomberg TV on Fed Day to discuss the shift in monetary policy.

Fireside Chat with Scott Minerd and Mike Milken

Goal 17 Partners Web Event

May 2020

New York, NY, USA

Scott Minerd, Global CIO & Chairman of Guggenheim Investments at Guggenheim Partners, and Mike Milken, Chairman of the Milken Institute, discuss the government and private-sector response to Covid-19 at a Goal 17 Partners web event.

Bloomberg Markets: European Close

Interview

Apr 2020

New York, NY, USA

"Minerd Sees a ‘Long Haul’ to Get Unemployment Back Where It Was" Scott Minerd, Chief Investment Officer at Guggenheim Partners, discusses the economic impact of the coronavirus pandemic.

CNBC "Squawk Box": Scott Minerd

Interview | World Economic Forum

Jan 2020

Davos, CH

Scott Minerd, Global Chief Investment Officer at Guggenheim Partners, joins CNBC's "Squawk Box" team to discuss current market conditions and the approaches the Federal Reserve could take in managing interest rates in today's economy.

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Interviews

Guggenheim's Minerd on Risk, SPAC Regulation, Archegos

Apr 2021

New York, NY, USA

Guggenheim Global Chief Investment Officer Scott Minerd discusses the risks he sees for markets, the outlook for regulation of special purpose acquisition companies (SPACs), and the likelihood of another Wall Street firm imploding in a manner similar to Archegos Capital Management. He speaks on "Bloomberg Markets: The Close."

Publications

China Matters More Than Ever: Cooperation and understanding between China and United States is vital as global economic and environmental challenges mount.

Writer

Jul 2020

In his Global CIO Outlook report, Scott Minerd discusses China's role as an economic superpower and the reasons why the US-China relationship needs to remain cooperative. Minerd says, "I believe the growth and engagement of China has been net positive for the U.S. and the world from an economic perspective."

Guggenheim Partners

Global CIO Outlook

New York, NY, USA

Guggenheim Global Chief Investment Officer Scott Minerd offers insights on macroeconomic trends and the potential impacts on global investment opportunities.

Memberships

World Economic Forum

Member

Davos, CH

The World Economic Forum is the International Organization for Public-Private Cooperation, committed to improving the state of the world.

Speaking Engagements

Milken Institute Summer Series

Speaker

Jun 2020

New York, NY, USA

The Milken Institute Summer Series convened leaders in finance, health, philanthropy, and policy to discuss a world undergoing astonishing change. As the COVID-19 pandemic has impacted all facets of life around the globe, leaders gathered to reflect on our shared situation, exchange ideas with a network of peers, and prepare for life and business post-COVID.

Arctic Circle

Speaker

Feb 2019

Reykjavík, IS

Scott Minerd, Global Chief Investment Officer, Guggenheim Partners spoke about investment at the Plenary Session: Business Across the Arctic at the Arctic Circle Assembly in Reykjavík, Iceland. In his speech, Scott focused on infrastructure investment and how that can translate to the needs of the Arctic and the safe development of the Arctic.