The TRADE 81 - Q3 2024 | Page 24

[ B U Y - S I D E C O V E R | R Y A N R A Y M O N D ]
with people ’. I quickly fell in love with this industry without even knowing it existed .”
Finding fixed income After spending three months as a trading assistant intern at PPM America , Raymond landed his first permanent buy-side position , joining UBS Asset Management as an operations assistant in 2003 . He subsequently moved into a role on the money market and short duration team focused on multiasset accounts , money markets , and enhanced cash funds , among other products , serving in this
“ I quickly fell in love with this industry without even knowing it existed .”
capacity for eight years before moving over to the investment grade credit team .
Raymond joined LGIM as its head of credit trading in 2019 when the asset manager was undergoing the process of splitting up its portfolio management and trading capabilities .
Raymond was starting a family and looking for a new opportunity . “ Chicago is a very small community and so I knew most of the portfolio managers and management at LGIM America before I came over . When I joined , that helped to smooth out the transition for the existing portfolio managers who were moving into split PM and trader functions ,” he says .
In his first role at LGIM , Raymond was responsible for
24 // TheTRADE // Q3 2024