Nancy Davis (businesswoman)
Nancy Davis | |
|---|---|
| Born | c. 1977 |
| Alma mater | George Washington University |
| Occupation(s) | Chief investment officer, entrepreneur, businessperson |
| Organization(s) | Founder and Managing Partner of Quadratic Capital Management |
Nancy Davis (born c. 1977) is an American entrepreneur who founded and is as chief investment officer and managing partner of Quadratic Capital Management.
Life
[edit]Davis was born c. 1977.[1] She grew up in Tampa, Florida, and obtained a B.A. in economics from George Washington University.[1][2]
After graduating, she began her career at Goldman Sachs where she spent more than ten years, the last seven with the proprietary trading group where she rose to the Head of Credit, Derivatives and OTC Trading. She is a portfolio manager at Highbridge Capital Management and also took a senior executive role at AllianceBernstein.[3]
She is the founder, Chief investment officer, and managing partner of Quadratic Capital Management.[4][5] The firm is based in Greenwich, Connecticut.[1][2] Its IVOL fund was judged by ETF.com to be the best new fixed-income ETF of 2019.[6]
Unfortunately, IVOL's performance suffered from rapidly rising interest rates and unfavorable derivatives positions in 2022-2024. According to Morningstar Inc., as of December 6, 2024, the fund had a five-year -3.33% annualized return, underperforming its category average by 5.0%, placing it in the 98th performance percentile, and earning a rare one-star Morningstar rating. [7]
References
[edit]- ^ a b c "The 2014 Hedge Fund Rising Stars: Nancy Davis". Institutional Investor. 10 June 2014. Retrieved 11 October 2022.
- ^ a b Maxey, Daisy (2020-03-13). "Nancy Davis". Barrons.com. Retrieved 2022-09-28.
- ^ Jay, Marley (2022-03-08). "An inflation expert and ex-Goldman Sachs trader breaks down why many investors' portfolios are still vulnerable to price shocks as oil hits 13-year highs — and shares the strategy she's using". Business Insider. Retrieved 2022-09-28.
- ^ "Price Hikes Overshadow Economic Growth". Newspapers.com. Los Angeles Times. April 13, 2022. p. A9. Retrieved 2022-10-11.
- ^ Choe, Stan; Troise, Damian J.; Veiga, Alex (August 20, 2020). "S&P 500 pulls back from record". Newspapers.com. Sun Journal (Lewiston, Maine). p. C6. Retrieved 2022-10-11.
- ^ "100 people transforming business". Business Insider. Retrieved 11 October 2022.
- ^ https://www.morningstar.com/etfs/arcx/ivol/performance
- 1970s births
- Living people
- George Washington University School of Business alumni
- American hedge fund managers
- 21st-century American businesswomen
- 21st-century American businesspeople
- American women investors
- American investors
- Goldman Sachs people
- Chief investment officers
- American women company founders
- Businesspeople from Tampa, Florida