James Mahnke

• Oversee all algorithm and asset allocation models used to manage all tailored client accounts, both "traditional" equity and fixed-income as well as protected portfolios. "Protected" portfolios combine core equity and fixed-income securities with bona fide option hedges thereon. This dynamic asset allocation creates the opportunity to not only make money as markets rally but also to protect against quantifiable amounts of downside risk. Such security combinations also provide tax advantages and may lead to efficient portfolio structures for managing gains/losses and resulting tax payments. • Instrumental in developing and now manages the GAMMA CONVERTIBLE. This strategy seeks to provide a 300 b.p. yield advantage over a traditional investment grade fixed-income portfolio with similar duration and convexity characteristics. The CONVERTIBLE strategy combines primarily preferred stock, high dividend-paying equity securities and bona fide option hedges thereon to pursue its investment objective. Also manages the GAMMA BALANCE, a tactical blend of growth equity, fixed-income and bona fide option hedges. Both GAMMA strategies may also include fully-covered option hedges on inflation-related commodities. • Represent GAMMA in published articles, public speaking events as well as leading client meetings.