Julex Capital

Julex Capital
40 Grove Street, Suite 140
Wellesley, MA 02482
781-489-5398

Articles by Julex Capital

Henry Ma, Ph.D., CFA.
President and Chief Investment Officer

Dr. Ma has two decades of hands-on and leadership experience in investment management. Prior to founding Julex, he managed a global macro hedge fund with Geode Capital Management. Earlier, he served as Director of Quantitative Research and Financial Engineering with Loomis Sayles & Co., and Director of Quantitative Research and Risk Management with Fortis Investments, where he led quantitative research and risk management efforts. Dr. Ma also worked as Director of Fixed Income Strategies at Sun Life Financial, where he helped manage $30 billion in fixed income assets. His investment career began with John Hancock Financial Services as a Senior Associate Investment Officer. Dr. Ma is a published author and an industry speaker on quantitative investing and risk management. He earned a Bachelor and a Master in Economics and Management from Peking University and a Ph.D. in Economics from Boston University.

Brian Phelan
Managing Director

Brian brings over thirty years of capital markets experience to Julex. He spent over 22 years as a First Vice President at PaineWebber Group in institutional fixed income sales covering major and middle market accounts for investment grade and high yield corporate debt, residential and commercial mortgage backed securities, asset backed securities and rates. After UBS purchased PaineWebber, Brian transferred his skill sets to Deutsche Bank Securities in Boston as a Director in the generalist fixed income securities platform within the Capital Markets Group. Most recently Brian co-founded MacBride Partners. MacBride Partners was a consulting organization whose mission was to assist its clients in the investment management industry improve investment performance by implementing best practices in investment processes, risk management and faithfulness to stated investment philosophies. Brian graduated from the Carroll School of Management at Boston College with a BS in General Management / Marketing.

Jeffrey Megar
CFA, Managing Director

Jeff brings over 20 years of investment management experience to Julex Capital, predominately as an institutional portfolio manager. He had portfolio management oversight of a high yield bond mutual fund and institutional strategies at State Street Global Advisors where he was a Vice President and Senior Portfolio Manager. Prior to joining State Street, Jeff was a Senior Portfolio Manager at Fortis Investments where he helped establish Fortis’ structured credit business, launching the firms inaugural Collateralized Loan Obligation (CLO). While at Fortis, he established a comprehensive investment and credit review process and managed the firms Leveraged Loan platform. Before Fortis, Jeff held various credit position at CypressTree Investment Management and Prospect Street Investments. He received is BA in Economics from Framingham State University and his MBA in Financial Management from Northeastern University. In addition he holds the Charted Financial Analyst designation.

Erik Philbrook
Managing Director

Mr. Philbrook brings over 20 years of finance industry experience to Julex Capital. Most recently he was the Head of Finance, Alternatives and Performance at Geode Capital Management, LLC, with responsibilities ranging from firm and fund audit, firm GIPS verification, Treasury, Client relations, Compliance, Marketing and Valuation. He also worked at Fidelity Investments managing accountants responsible for High Yield fund valuation and as a Senior Analyst working directly with Portfolio Managers on corporate action research and election. He also worked for Brown Brothers Harriman as part of a centralized management team responsible for department policy and performance measurement. He received his BS in Business Administration with a dual concentration in Finance and International Business from Northeastern University. He received his MBA from Southern Methodist University.

More Articles

Unhappy with or Skeptical of TAA?

Unhappy with or Skeptical of TAA?

By Rob Brown, Ph.D., CFA, Julex Capital Advisory Board Member “Advisors tend to be somewhat skeptical about Tactical Asset Allocation.…

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Corona Stimulus in Context

By Liam Flaherty, Julex Capital Following the stunning first-quarter sell-off (see Figure 1 below), both the Federal Reserve and Congress took…

Time for More Small Cap Exposure?

Time for More Small Cap Exposure?

By Liam Flaherty, Julex Capital The so-called “size premium”, which says that the growth potential in small cap companies compensates for…

The Case for a Recession

The Case for a Recession

By Liam Flaherty, Julex Capital In the first 29 months of the Trump presidency, the S&P 500 has risen by about…

Is Trade War the “New Normal”?

Is Trade War the “New Normal”?

By Henry Ma, Julex Capital The trade war between the world’s two largest economies finally arrived. Last Friday, President Trump followed…

Looking for Value? Go Abroad

Looking for Value? Go Abroad

By Henry Ma, Julex Capital Management Since the end of the financial crisis, the US has led the global equity market…

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