Co-head, absolute return government bonds team
Earlier this year, Paul Shanta was named Old Mutual Global Investor’s co-head of its absolute return government bond
(ARBG) team, following the departure of Russ Oxley.
Shanta is no stranger to the big stage, after representing
the Scottish national team in basketball. A senior member of
the Old Mutual portfolio management team since 2015,
Shanta was instrumental to the launch of the new trading
desk, as well as its current strategy. Being involved in both
portfolio management and execution, Shanta has proved he
is a rising star within Old Mutual’s ranks.
Shanta began his career at Resolution Asset Management in
2008, which later became Ignis Asset Management, after
coming out of university with a degree in maths, statistics and
finance. After joining the government bond fund team as an
assistant portfolio manager, he later became part of a newly
launch pension fund, managing around £1.5 billion. He became
a specialist in complex products, and became responsible for
trading futures, inflation swaps and other derivatives.
“A natural fit for me to focus on that rather than become a
bond portfolio manager because of the focus it has on more
complex products. Allowed me to specialise in inflation and
options trading space,” Shanta recalls.
In 2014 following the acquisition of Ignis by Standard Life,
he decided to leave and join Old Mutual, managing a
portfolio worth £500 million and trading similar products.
Now as co-head of the ARBG, Shanta says derivatives will
be a key to the team’s trading strategy.
“Derivatives provide us a platform to find opportunities in
mispricing and to take advantage of that.” n
Adrià Peiró Mascarell
Fixed income trader
BBVA ASSET MANAGEMENT
Adrià Peiró joined Banco de España in July this year as a fixed income asset
purchase programme (APP) trader, following
a 3-year stint at BBVA Asset Management in
During his time at BBVA, Peiró held a similar
position as fixed income trader on the firm’s
dealing desk. He was responsible for carrying
out daily execution for funds and private
banking of fixed income rates and credit flow.
Peiró also traded fixed income derivatives,
foreign exchange cash and derivatives and
CDS options. Before joining BBVA, he worked
at Santander Global Banking and Markets for
just over a year on the fixed income credit
institutional sales desk. This was a support
role which allowed him to extend his
knowledge of the fixed income trading world.
Knowledge is indeed Peiró’s true passion.
He achieved his first degree in economics at
the University of Valencia, before completing
a Masters degree in tax advisory and
corporate law. Peiró then attended the
University of Madrid to complete a law
degree, and moved on to finally achieve a
Masters degree in stock exchange and
financial markets. He also holds also CFA
institute Level 1 qualification.
He describes himself as a ‘diligent banking
professional who is passionate about
financial markets’. Peiró says he is constantly
seeking to improve and extend his market
Now at Banco de España, his focus is on APP
implementation. APP was introduced by the
European Central Bank to address the risks of
a too prolonged period of low inflation. Peiró’s
career spans just over 6 years, and having
achieved so much already, it’s no surprise his
name cropped up as a candidate for The
Trade’s Rising Stars awards this year. n
n Rising Stars Of Trading & Execution 2016