Daily News: September 30, 2014

NewOak Appoints Nguyen as Managing Director

NewOak announced the appointment of Triet M. Nguyen as a managing director in its Corporate and Municipal Credit Solutions Group. Nguyen will be a senior member of the team, helping it to continue building out its capabilities and assisting clients in fundamental credit assessment, surveillance and portfolio monitoring.

Over his 32 year career, Nguyen has designed, marketed and managed every type of buy-side investment product, from mutual funds (open and closed-end) to managed accounts and hedge funds. Most recently, he served as managing partner of Axios Advisors, an independent municipal research and investment advisory firm he founded in 2002 specializing in high-income strategies and is the author of Investing in the High Yield Municipal Market, published by Bloomberg Press.

Prior to that, he was an SVP at B.C. Ziegler, where he traded tax-exempt high-yield and taxable municipal bonds (including Build America Bonds). From January 2004 to January 2008, he was a managing partner at Saybrook Capital, managing one of the first-ever municipal hedge funds dedicated to a credit strategy. As director of information services at ebondUSA.com between 2000 and 2001, Nguyen contributed to the development of a pioneering online municipal bond evaluation system. Prior to 2000, he was a VP and portfolio manager of the John Hancock Funds and a senior portfolio manager of the Putnam Funds.

“NewOak stands at the intersection of two exciting trends in fixed-income research and risk management: the increasing application of fundamentally driven corporate and municipal bond research, modeling and forecasting techniques; and the application of technology to greatly enhance credit and surveillance efforts for institutional portfolios. I look forward to helping the NewOak team develop and implement these pioneering solutions for our clients,” said Nguyen.

“In the age of big data, reduced liquidity and increasing complexity, a transparent and efficient fundamental approach to credit surveillance and portfolio monitoring is going to be critical for financial institutions seeking to improve credit oversight, risk and regulatory transparency. Deep knowledge and critical thinking are powerful assets in leveraging the process and data needed to achieve this objective. Triet brings a wealth of fundamental municipal and corporate credit expertise to the firm and will be a real driver of our expansion in these key areas going forward,” said NewOak CEO Ron D’Vari.