Sam Liu

Experience

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  台灣人壽

  Apr 2006 - Mar 2008

  Trader

  The main responsible for this role is to trade Treasury Bond Futures and Taiwan Government Bond to achieve yearend target.• Conducted USD$10mm bond futures exposure and TWD$300mm Taiwan portfolio.• Analysed and Invested in Financial bonds、CLO (Chailease Finance CLO and Standard Chartered Bank ABS)• Conducted daily money market operations via RP and RS.• 2007 May visit trip: Shanghai Pudong development bank and Ping An asset management Co., China.

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  台灣人壽

  May 2010 - Apr 2014

  The main responsible for this role is to manage Credit Product and Interest Rate Product to achieve yearend target.• Fulfilled individual AUM and budget by structure note and credit cash bond.• Traded in U.S. treasury 10y and 30y, Ratio of budget achievement 147% ($3.68mn/$2.5mn)• Using hedging tools to avoid interest rate risk and duration risk, EX: PST and TBT.• Managed portfolio for US$460 million with structure products (CMS, RMS, Dual Range Term) and US$ 250 million with Asia cash bond.• Assessed the P&L of personal portfolio and engaged in weekly presentation.• 2012 September Citi Asia Pacific Fixed Income Seminar, HK.• 2013 July Morgan Stanley Fixed Income Forum, Singapore. Show less The main responsible for this role is to manage Domestic book to achieve yearend target.• Traded in Domestic Bond Products including Government Bond, Corporate and Financial Bond, achieving yearend budget, Ratio of budget achievement 195% (TWD$292mn/TWD$150mn)• Managed credit portfolio for NT$5 billion with derivative products (CP Range Accrual, Fixed Rate Callable, CMS spread) • Monitored and reviewed existent CDO or CBO portfolios; Built and forecasted those products’ future cash flow.• 2011 September Deutsche Bank Asia Insurance Investor Meeting, HK. Show less

  • Senior Portfolio Manager

    May 2012 - Apr 2014

  • Portfolio Manager

    May 2010 - May 2012
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  南山人壽

  Apr 2014 - Sept 2015

  Assistant Project Manager

  The main responsible for this role is to manage Credit Product to achieve yearend target.• Fulfilled individual AUM and budget by credit cash bond, Ratio of 2014 budget achievement 140% ($7.57mn/$5.4mn)• Analyzed global macro-economic status ； Determined on judging FFR decision ；Reported on industry presentation.• Searched, Analyzed and Invested in US$ denominated cash bond. Correctly determined the credit spread of invested cash bond cases.• Managed portfolio for US$2,400million with DM cash bond (Metal Mining, Pharmaceutical, and Chemical sectors) and US$850 million with EM cash bond focus on Asia and LaTam (Asia - Ex: PTT、TOP、PETMK、 PERTIJ、RILIN、Bharti、China etc.)(LaTam – Ex : CDEL、VALE、TELEVISA、 American Mobile、BIMBO、 Southern Copper etc.)• 2015 March HSBC America Issuer Meeting, US• 2015 June Morgan Stanley Reliance EMTN meeting, HK. Show less

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  安聯投資

  Sept 2015 - Nov 2018

  The main responsible for this role is : 1. manage AllianzGI Global Bond Fund to beat Barclays Credit Index and Peers.2. manage AllianzGI RMB Money Market Fund to beat Benchmark and Peers.* Searched for potential investment targets, Modified components of portfolio, Predominate portfolio duration, yield, and performance.* Focused on hard currency Asia corporate debts especially in China quasi-sovereign, policy bank and some property names: Country Garden, Evergrande, Poly, Future Land, Agile, CIFI, Aoyuan, Greenland, Jimao, Yuexiu etc.* Other regions concentrated on EMEA and LaTam US$ denominated sovereign or quasi-sovereign bonds (Russia, Turkey, Brazil, Mexico, Chile etc./ Rosneft, Sberbank, Petrobras, Pemex, Codelco etc.) and corporate bonds (Lukoil, Isbank, Garanti Bank, Vale, Televisa, American Mobile, FEMSA, CMPC etc.)* Assisted marketing activities, Presented fund status to product manager and sales monthly.* Determined portfolio hedge ratio including multi-currencies: USD, CNH, AUD, SGD and so on.* Revised investment process with Compliance Department, such as: HK central dealer and LaTam order procedure.* Invested in offshore RMB MMF through the investable tools, such as: Time Deposit, Repurchase and Short Term Corporate Notes to maximize return under the controllable and liquidity constraints.* 2017 March Schroders Fixed Income Forum, UK. Show less

  • Vice President

    Sept 2016 - Nov 2018

  • Assistant Vice President

    Sept 2015 - Aug 2016
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  Vaucluse Capital

  Nov 2018 - now

  Chief Financial Officer

  The main responsible for this role is: FI investment、 cash management、asset allocation、risk management、bank relationship• Managed capital for US$300million including Taiwan, Hong Kong and Shanghai subsidiaries.• Investment coverage: Private / Public Fixed Income products、Derivatives: IRS-Interest Rate Swap、CCS- Cross Currency Swap、NDF- Non-Deliverable Forward、CDS- Credit Default Swap、Inverse ETFs 、Index Futures and Options、FCN-Fixed Coupon Note.• Maintained bank relationship、Strengthened credit line、Monitored leverage ratio、Modified asset allocation. • Established risk management system: VaR, currency risk, liquidity risk, country risk, and interest rate risk…etc. Show less