Renowned Wall Street Economist Dr. Robert J. Barbera Joins Mount Lucas Management Corporation
By Mount Lucas Management Corporation, PRNETuesday, June 22, 2010
NEWTOWN, Pennsylvania, June 23, 2010 - Mount Lucas Management Corporation ("Mount Lucas"), a global macro
investment manager, today announced that renowned Wall Street economist Dr.
Robert J. Barbera has joined the firm as Chief Economist. Dr. Barbera is
accompanied by his long-time associate, Jackie Kadre, who has been named
Economist at the firm.
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Dr. Barbera has spent the last twenty-eight years as a highly respected
Wall Street Economist, and has gained a wide institutional following. He is a
frequent guest on CNBC, and is regularly quoted in The New York Times and The
Wall Street Journal. His 2009 book, The Cost of Capitalism: Understanding
Market Mayhem and Stabilizing Our Economic Future, was hailed by The New York
Times as one of the top six finance books of the year.
Dr. Barbera is former Managing Director and Chief Economist at Investment
Technology Group (ITG), a specialized brokerage and investment technology
firm, where he was responsible for global economic and financial market
forecasts. His career includes tenures at Capital Investment International, a
New York-based research boutique, where he was Co-Chairman; Lehman Brothers,
where he was Chief Economist and Director of Economic Research; and E.F.
Hutton, where he was Chief Economist. A Fellow in the Economics Department of
The Johns Hopkins University, Dr. Barbera is a former lecturer at M.I.T. He
earned both his B.A. and his Ph.D. from The Johns Hopkins University.
Dr. Barbera's associate, Jackie Kadre, is an economist with fourteen
years of experience on Wall Street. A former Director and Economist at ITG,
she was responsible for providing research and analysis for global economic
and financial market forecasts. Prior to ITG, Jackie worked at PaineWebber
Inc. and in Congressman Elliot Engel's office. She holds a Bachelor's degree
and Master's degree in International Political Economy from Fordham
University.
"We are extremely pleased that Bob and Jackie have joined Mount Lucas,"
stated President Timothy Rudderow. "Their economic insight, refined over many
years on Wall Street, adds even greater depth to the collaborative,
discretionary approach that we use in conjunction with our proprietary,
quantitative models. Bob and Jackie's keen discernment and analytical
expertise will be invaluable resources for Mount Lucas."
Mount Lucas Management Corporation is a global macro manager with US$1.97
billion under management across three distinct investment programs: MLM Macro
Peak(TM), a global macro strategy; MLM Index(TM), a diversified futures index
strategy; and MLM Focused Equity(TM), a large-cap equity strategy.
For more information, please contact: Raymond Ix, Jr. Senior Vice President Mount Lucas Management Corporation +1-609-658-2665 REI@mtlucas.com www.mtlucas.com
Raymond Ix, Jr., Senior Vice President, Mount Lucas Management Corporation, +1-609-658-2665, REI at mtlucas.com
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