Keith Minella
Encore Subrogation
Joseph Moinian
The Moinian Group

Scott Minerd

Guggenheim Partners

Santa Monica, CA, USA

Managing Partner, Global CIO, Chairman of Guggenheim Investments

Guggenheim Partners

Scott Minerd

Biography

Mr. Minerd is a founding Managing Partner and member of Guggenheim’s Executive Committee. In his role as Chairman of Guggenheim Investments and Global Chief Investment Officer, he guides the Firm’s investment strategies and leads research on global macroeconomics. Previously, he was a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group & was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt & interest rate swaps trading business units.

Prior to that, Mr. Minerd was Morgan Stanley’s London based European Capital Markets Products Trading & Risk Manager responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities & money market products in 12 European currencies and Asian markets. He held capital markets positions with Merrill Lynch and Continental Bank & was a Certified Public Accountant at Price Waterhouse.

Mr. Minerd is a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, helping advise the NY Fed President about financial market developments, risks to the financial system and steps that can be taken to mitigate these risks. He is an Overseer at the Hoover Institution and Board Member of RFK Human Rights.

He is a regular guest and contributor to leading financial media outlets, including The WSJ, The FT, Bloomberg & CNBC where he shares insights on today’s financial climate. Mr. Minerd holds a B.S. degree in Economics from the Wharton School, University of Pennsylvania and has completed graduate work at the University of Chicago Graduate School of Business & the Wharton School, University of Pennsylvania.

Scott Minerd’s Newsfeed

Guggenheim's Minerd says aggressive Fed moves can delay recession, but not avoid it

Guggenheim Partners global chief investment officer Scott Minerd warned on Tuesday the firm’s recession forecast model showed a 58% chance of the economy being in a recession by mid-2020, and a 77% chance of one beginning in the next 24 months.

Reuters
Guggenheim's Scott Minerd warns world bond markets are in a 'bubble'

Scott Minerd said the central bank’s actions helped drive the technology bubble that burst in 2000. “Where is the bubble today?” Minerd wrote in a letter to clients. “I hate to admit the ugly truth, but it may well be in bonds, and in particular the sovereign debt of governments around the world. The category of supposed ‘risk-free’ assets has risen to prices which guarantee a loss to investors in many countries around the world.” He named Europe and Japan, as examples.

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Scott Minerd’s Background

Managing Partner, Global CIO, Chairman of Guggenheim Investments
New York, NY, USA
Guggenheim Partners is a global investment & advisory firm with more than $265 billion in assets under management. Scott guides the firm’s investment strategies and oversees client accounts across a broad range of fixed-income and equity securities.
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.
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Other Business Interests

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

Current Non-Executive Positions

Member Investor Advisory Committee, 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.

Previous Non-Executive Positions

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

Board Member
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.
Overseer, 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.