Dr. Alex Waters

Member of the Family Office Service team supporting the establishment and professionalization of full-service family offices (often in Europe) for some of Japan’s wealthiest families and implementing family governance frameworks.

Member of the asset allocation committee. Responsible for global macroeconomic, political and geopolitical views and how these are addressed in our clients’ tactical and long-term multi-asset portfolios. Present weekly briefings on global markets and the macroeconomic environment. Using econometrics, I forecast key macroeconomic variables to provide a medium-term global view of the world. Responsible for incoming research under the new MiFID II rules.

Published research on G10 country macroeconomics, politics and policy including ad hoc and thematic based research, scenario analysis and the quarterly Global Outlook chapters. Lead the global forecasting team, managing 4 quantitative economists. Development of econometric models as well as the coordination of multiple econometric projects. Developed and wrote quantitative scenario analysis using NiGEM. Interaction with clients and the media presenting our in-house views. Co-head of global intern programme.

Refereed several journal articles.

Develop medium-term debt management strategies for member countries and country specific macroeconomic analysis. Forecast interest rates, fx rates and macroeconomic variables with Monte Carlo methods. Contingent liability risk and guarantee pricing using financial economic models using Monte Carlo and option pricing methods. Bond market and instrument analysis. Yield curve fitting. Debt sustainability analysis. Portfolio risk management.

Sat on the Quantitative Analysis and Research Desk undertaking econometric analysis of UK government bond market and yield curve modelling.

Thesis Title: Essays on Macro-Finance and the Yield Curve