Robert G. Smith - President & Chief Investment Officer

Robert G. Smith

Bob began his career at Moody's Investors Service as a member of the Corporate Bond Rating Committee; he then went on to Loeb, Rhodes & Co. to cover the insurance industry in the Institutional Equity Research department. He then worked at Merrill Lynch & Co. for 13 years in a variety of institutional research, trading and portfolio management roles in New York and London. During this period, he was assigned to the Saudi Arabian Monetary Agency as a Resident Financial Advisor in Riyadh responsible for managing the foreign reserves of the Central Bank.

Bob's investment research and comments have been featured in a wide variety of media and publications including the Wall Street Journal, New York Times, Grant's Market Observer and Bloomberg Business News Services. He is a past recipient of the Stephen L. Kessler Award from the Investment Management Consultants Association.

Mark C. MacQueen - Principal, Managing Director

Mark MacQueen

Mark has more than 30 years of domestic and international portfolio management and institutional securities trading experience. He began his career as a member of the Institutional Government Securities Trading desk at Merrill Lynch Government Securities in New York. He was later assigned to the Institutional Fixed Income Trading desk in London as Vice President and Senior Trader responsible for managing the firmÂ’s European-based risk capital position. In this period, his responsibilities were extended to management of the firmÂ’s corporate bond and U.S. dollar-based derivative product risk positions. Next, he assumed management responsibility for all fixed income trading at Merrill Lynch International in Sydney, Australia. After this assignment, Mark assumed risk management responsibility for the firm's global non-dollar fixed income trading operations in London. Following his Merrill Lynch tenure, Mark joined APS Financial Corp. in Austin, Texas as Director of Fixed Income Portfolio Research. He went on to become a principal of the Tejas Securities Group as Director of Fixed Income Trading and Research. Mark received his B.S. in Finance from the University of Delaware. Beyond his professional career, Mark is a member of the Fixed Income Analysts Society, a board member of Meals on Wheels and is active in other community-minded programs.

Robert D. Williams - Principal, Managing Director

Robert D. Williams

Rob is a Principal and Managing Director of the firm and a member of the investment committee. He serves as the Director of Research. He received his B.A. in Financial Management from the University of Colorado. Rob is a Chartered Financial Analyst Charterholder and member of the CFA Institute. Before joining Sage, Rob was a Fixed Income Strategist for UBS in New York. He was also a former Senior Wealth Management Strategist for Mutual of New York and a Research Analyst for Merrill Lynch. Rob brings over 18 years of experience in credit analysis and corporate finance to the firm.