Strategies for a range
of market opportunities

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Ideas are not enough in the pursuit of successful investments. Our team members share more than a quarter-century commitment to pursuing superior returns, applying their talents to fundamental research and advanced quantitative analysis to bring their insights to market. Operating in a culture of excellence, and leveraging long-term relationships with thousands of companies and institutions, we move swiftly and deliberately to capitalize on opportunities having the greatest potential.

EMC's investment strategies focus on all major asset classes across the world’s capital markets. Within a broad range of investment strategies, we deploy our capital with the objective of generating market-leading investment returns.

 

Equities

Who we are

EMC's equities teams employ their deep expertise to invest in the equity and equity-linked securities of companies across the globe. We seek to generate alpha by combining fundamental stock selection with proprietary analytical methodologies, grounded in rigorous risk management.

Partnering with Investor Relations

EMC invests in companies in the Communications, Consumer, Energy, Financials, Healthcare, Industrials, Media and Entertainment, and Technology sectors. Participating in thousands of company meetings annually across the globe, we believe in engaging with the companies we analyze and invest with.

What we do

Our equities platform supports three different businesses:

EMC International Equities

Established in 2001, EMC International Equities (EIE) is EMC's founding fundamental equities business. EIE brings together the leading minds from across six primary investment sectors ranging from Consumer to Energy to Healthcare.

Within EIE, our Primary Strategies team supports corporate capital formation by investing in initial and follow-on issuances of stock.

Learn more

Fixed Income & Macro

Who we are

EMC's Fixed Income and Macro team seeks to generate alpha by investing in fixed income securities in global markets using macro and relative value strategies. As one of EMC's longest standing strategies, our team’s investment process blends quantitative analysis, fundamental research, and experienced judgment.

How we do it

EMC's Fixed Income and Macro team works collaboratively, integrating a disciplined investment process within a rigorous analytical framework. Leveraging its in-depth understanding of central banks and partnerships with leading economists, our expertise spans macro views, monetary policy, and the intersection of public and proprietary data. Our trading and research team constantly originates, analyzes, and evaluates new opportunities, using qualitative and quantitative methods. Areas of focus include rates, currencies, sovereign bonds, and inflation.

Leadership

Alexander Cheng
Head of Global Fixed Income

Alexander Cheng is Head of Global Fixed Income at EMC and is a member of EMC's Portfolio Committee. He first joined EMC in 2011 as a Senior Portfolio Manager focused on global linear relative value strategies. Prior to joining EMC, he was at Credit Suisse for 10 years where he most recently served as Head of USD Short-end and Basis Trading and as Head of Canadian Rates. Mr. Cheng received a bachelor’s degree from Harvard College.

Commodities

Who we are

EMC's commodities team seeks to generate alpha through directional and relative value strategies across both physical and financial commodities markets. We evaluate opportunities in natural gas, power, crude, and refined products, and agriculture, primarily in North America and Europe.

How we do it

EMC uses fundamental research, proprietary analytical methodologies, and quantitative analysis to drive our views. We join these techniques with an intense focus on understanding each market we trade, reflected in our ability to generate supply and demand balances for each commodity or product. A key part of this process is our advanced technology platform that allows us to quickly and deeply understand patterns within a market or product, conduct scenario analysis and improve the overall accuracy of our views.

Leadership

Daniel Sunderland
Head of Commodities

Daniel Sunderland is Head of Commodities at EMC and is a member of EMC's Portfolio Committee. Mr. Sunderland leads the investment teams trading natural gas, power, crude and refined products, agriculture and other commodity products.

Prior to joining EMC, Mr. Sunderland was at Macquarie Group Ltd. for more than 20 years, where he built and led the agriculture, energy and metals teams across the US, Europe and Asia, and most recently served as Global Head of Metals, Mining & Agriculture.

Mr. Sunderland received a bachelor’s degree from Australian National University.

Credit

Who we are

EMC's credit team seeks to generate alpha by focusing on the relationships that connect corporate bonds, convertible bonds, bank debt, credit derivatives, credit indices, and equities.

How we do it

Operating primarily across the U.S. and European corporate universe, the group’s core strategies integrate structural, statistical, and fundamental approaches to investing across the corporate capital structure.

Leadership

Peter Sorrento
Head of Global Credit

Peter Sorrento is Head of Global Credit at EMC, responsible for leading the firm’s developed and emerging market credit strategies and convertible arbitrage activities. He also serves on EMC's Portfolio Committee.

Prior to joining EMC in 2019, Peter worked at Goldman Sachs for more than 22 years, most recently serving as Co-Head of the Securities Division for 10 years. His previous roles include Head of European Equities Trading, Co-Head of Global Credit, and Global Co-Head of Emerging Market Debt. He began his career working for Citicorp.

Peter is a member of the Brown University Corporation Board of Trustees, the external advisory board of the Carney Institute for Brain Science, the Board of Directors of Signature Theatre, and of the Advisory Board of the Billie Jean King Leadership Initiative. He earned his Bachelor of Science degree in applied mathematics from Brown University.

 

Quantitative Strategies

Who we are

EMC's quantitative strategies team seeks to generate alpha by combining rigorous fundamental research with mathematical and statistical models to identify and execute on investment opportunities.

How we do it

With more than a decade of experience, EMC's team stands at the forefront of data analysis and modeling. We analyze historical and current information through statistical and quantitative modeling, as well as predictive analytics, to identify and capture opportunities. We focus on the equity, fixed income, commodities and currency markets globally, concentrating on the United States and European equity markets.

Leadership

Sanjay Prunesh
Head of Global Quantitative Strategies

Sanjay Prunesh is Head of Global Quantitative Strategies at EMC and is a member of EMC's Portfolio Committee. He first joined EMC as a Senior Quantitative Researcher in 2013. Prior to joining EMC, Sanjay served as Director of Quantitative Research at American Century Investments. Previously, he served as Managing Director and Global Head of Model-Based Credit Research at BlackRock and as Global Head of Credit Research at Barclays Global Investors.

His research has been published in academic and practitioner journals, including Journal of Financial Economics, Review of Accounting Studies, Journal of Investment Management, and Energy Risk.

Sanjay received a Ph.D. in finance from University of North Carolina-Chapel Hill, a post-graduate degree from Indian Institute of Management-Kolkata, and a bachelor’s degree from Indian Institute of Technology-Kanpur.

Risk Management

Seeing over the market's horizon

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