Biography
Michael Herald is a Co-Portfolio Manager on the Mortgage and Structured Finance Team at Loomis, Sayles & Company, where he co-manages the dedicated CLO strategies. He is also a CLO Strategist. Michael is responsible for developing research, investment strategies, relative value recommendations and trading in CLOs across all fixed income products.
Michael joined Loomis Sayles in 2019 and has 17 years of investment industry experience. Previously, he was a research analyst and trader at GMO, where he built the CLO research and trading capabilities for the firm and managed the CLO portfolio for a high quality, short duration structured products strategy. Prior to this, Michael was a managing director of non-agency mortgage trading at CRT Capital Group, where he analyzed and traded non-agency RMBS and ABS. He began his investment industry career at RBS Securities Inc. as a subprime mortgage trader, trading non-agency RMBS and derivatives of RMBS.
Michael earned a BBA from the University of Massachusetts, Amherst.
About the Mortgage and Structured Finance Team
Investors on the Mortgage and Structured Finance team
About the Relative Return Team
Investors on the Relative Return team
