Under the Macroscope - Musings on markets, investing and risk management with a quantitative twist. Manish Chitnis has over a decade’s experience in financial markets, primarily in risk management and quantitative analysis. He serves as a risk management consultant to wealth advisors and alternative investment managers, providing them with the analytical tools to better manage their portfolios. He is actively engaged in developing a suite of products to monitor and manage short-term market risk and to help construct portfolios systematically. He is also an active investor and advisor to an LA-based startup that aims to use quantitative analysis of peer reviews to provide better solutions for career development and recruitment. Manish Chitnis has spent more than 8 years in various quantitative roles covering a diverse set of asset classes on various trading desks and has hands-on experience with risk management during multiple market crises. Until March 2012, Mr. Chitnis worked in portfolio management at T2AM, LLC where he sourced and conducted due diligence on quantitative fund managers across the globe, oversaw portfolio performance and was actively involved in implementing hedge overlays to mitigate event risks. Prior to T2AM, he worked at Empyrean Capital Partners, a multi-billion dollar event-oriented hedge fund where he was a trader and quantitative analyst for the convertible arbitrage portfolio. He later took an active role in equity risk management during the 2008 Credit Crisis and was involved in creating option hedge strategies to manage the market downturn. Previously, he spent 6 years at Goldman Sachs, most recently as a Vice President in the GS Principal Strategies Technology group where he built risk management tools for the convertible arbitrage desk. Manish Chitnis has MBAs from the University of California, Los Angeles’ Anderson School of Management and the National University of Singapore. He is a CFA charter-holder and an active member of CFA Society of LA. He has also received a Certificate in Quantitative Finance from Paul Wilmott’s CQF Program that blends cutting-edge theory and the real-world practice of quantitative finance. He graduated with a Bachelor of Science in Computer Science and Economics with honors from Rutgers University. He is most interested in systematic strategies and in portfolio risk management. Beyond financial markets, he has a deep interest in global macroeconomics and geopolitics. He has travelled, worked and studied extensively in Asia and is keenly interested in social and economic environment in emerging markets in Asia.