Vernon H. Budinger, CFA
Vernon’s investment career started in 1985 at Denney and Denney where he helped launched the firm’s quantitative approach to investing in fixed income securities. After gaining an MBA at New York University, Vernon worked at Citicorp Sales and Trading in New York where he was co-authored research on the mortgage-backed and asset-backed market. He left Citicorp in 1992 and joined GAT. There he developed various quantitative tools, including the firm’s prepayment model for agency and whole-loan CMOs. He co-authored a paper “RFC Whole Loan Prepayment Behavior” which was published in “The Handbook of Mortgage-Backed Securities”, edited by Frank Fabozzi.
For the last 10 years, Vernon has worked with Western Asset Management and led the Quantitative Analytics Group. During that time he helped launch the San Gabriel Hedge Fund and led many initiatives that enhanced the firm’s quantitative capabilities and opened up new avenues for profitability. He also published a paper “Constructing Peer Benchmarks for Mutual Funds” in the Journal of Portfolio Management with Lev Dynkin, Arik Ben Dor, and Kenneth Leech. Vernon has spent the last 3 years living in Brazil working with Brazilian structured finance and speaks fluent Portuguese.
Contact Details
LatAm Structured Finance
174 W. Foothill Drive, #519
Monrovia, CA 91016
USA +1 626 664 9017
Brazil 5511 8674 7950
