Nancy Shao, CFA

Experience

• 

  TransGlobe Life Insurance Inc.

  Jul 2007 - Aug 2007

  Intern

  • Conducted research on bond, REIT, REAT, foreign currency and interest rate projects• Led three-person group in conducting research and presenting project on “The impact of low birth rates on insurance companies”

• 

  Morgan Stanley Smith Barney

  Feb 2008 - Jun 2008

  Intern

  • Created pricing models to analyze risk and return profile of multiple derivative hedging portfolios• Assisted in developing hedging strategies for both existing and prospective clients

• 

  Standard Chartered Bank

  Jul 2008 - Oct 2009

  Management Associate

  • Performed due diligence and created 4 comprehensive credit reports by analyzing financial statements and building up projection models, securing total credit facility of $300M• Managed 12 corporate client accounts achieving 23% increase in average monthly revenue• Coordinated with multiple teams to devise business proposals, materializing new accounts of $6M

• 

  Cathay Life Insurance Co., Ltd.

  Oct 2009 - Jul 2012

  FX trader

  • Developed proprietary trading strategies and executed trades for Asian currency portfolios • Advised executives on hedging strategies and provided insights of capital market and macro economy• Presented daily portfolio profit and loss reports and analyzed hedging cost matrix• Led project execution of hedging cost reallocation among different investment teams

• 

  Martin Investment Management, LLC

  Jun 2013 - Aug 2013

  Summer Research Analyst

  • Conducted research on cloud computing trend and analyze players’ competitive strategies to make financial valuation for investment decision making• Evaluated ongoing profitability and business strategies of healthcare and consumer goods companies

• 

  Cathay Life Insurance Co., Ltd.

  Jul 2014 - now

  • Conduct equity research with financial forecast on US and EU listed corporations in consumer sector including luxury, sporting goods, and consumer staple, to provide investment recommendation for portfolio managers• Provide up-to-date insights of consumption environment through interviewing with corporations’ investor relations, tracking peers’ financial performance, and analyzing macro economy data• Evaluate strategic investment alternatives to propose new idea by analyzing change in consumers’ preference, effectiveness of corporations’ strategy in financial terms, and macro consumption trends• Partner with equity analysts of upstream suppliers to monitor order and demand healthiness Show less • Managed currency portfolio of $100M in 2014 and $200M after 2015• Conducted in-depth research on macro economy, government policy, and financial market trend of China, Taiwan, Singapore, and Japan to develop foreign exchange rate projections• Evaluated risk exposure and hedging cost matrix to build up hedging strategy recommendation• Led team of 9 associates in performing trades and insightful market analysis• Coordinated constructively with funding, legal, compliance, IT, and accounting teams to drive excellence of investment process, portfolio system management, and validation of profit and loss attribution Show less

  • Deputy Manager - Foreign Equity Investment

    Apr 2017 - now

  • Deputy Manager - Currency Management

    Jul 2014 - Apr 2017