OppenheimerFunds Adds Ruta Ziverte to New Multi-Sector Fixed Income Team

Aug 11, 2015, 17:21 ET from OppenheimerFunds

NEW YORK, Aug. 11, 2015 /PRNewswire/ -- OppenheimerFunds announced that Ruta Ziverte has joined the firm as a senior portfolio manager in the newly formed Multi-Sector Fixed Income team, reporting to Michael Mata, head of the new Multi-Sector Fixed Income team, which looks across global debt markets for attractive opportunities. Mata also continues as lead portfolio manager for Oppenheimer Global Strategic Income Fund and a portfolio manager of Oppenheimer Global High Yield Fund.  Ziverte joins the firm from GE Asset Management, where she was a high yield portfolio manager.

Mata, Ziverte and research analyst Anuranjan Sharma comprise the new team, which oversees multi-sector fixed income investment strategies for the firm, and in particular, management of the Multi-Sector Fixed Income strategy.

The Fixed Income team also recently added two senior client portfolio managers. Ira Jersey joined the firm in New York as the senior client portfolio manager for the Fixed Income teams, including Investment Grade, Global Debt and Multi-Sector Fixed Income. Jersey had been at Credit Suisse, where he was head of U.S. Interest Rate Strategy. Taylor Watts joined in Denver as the senior client portfolio manager for the High Yield Corporate Debt team. Watts had been at Knight Capital Group, where he was a managing director focused on trading below-investment grade debt with institutional accounts.

"Ruta's extensive background and far-ranging insight in high yield make her an outstanding addition to the multi-sector team, a critical area within our Fixed Income group," said Chief Investment Officer Krishna Memani. "Additionally, Ira and Taylor's comprehensive knowledge and experience provide further depth in our coverage model, enhancing our work with clients."

Background

Michael Mata serves as head of Multi-Sector Fixed Income and is lead portfolio manager of Oppenheimer Global Strategic Income Fund and a portfolio manager of Oppenheimer Global High Yield Fund.

Prior to joining OppenheimerFunds in 2014, Mata served as managing director - head of Multi-Sector Fixed Income as well as portfolio manager of the Global Bond and Core Plus strategies for Voya (formerly ING Investment Management), where he managed the macro and quantitative research teams, along with the emerging-markets sovereign team. Prior to that, Mata worked at Putnam Investments as senior risk manager, and at Lehman Brothers as the risk manager for Fixed Income Trading. He has more than 25 years of investment experience.

Mata has an MBA from DePaul University with a concentration in Finance and Accounting.  He also holds a B.A. from Florida International University where he majored in Finance.

Ruta Ziverte has 15 years of investment industry experience and joins OppenheimerFunds as a senior portfolio manager on the Multi-Sector Fixed Income Team in New York, adding high-yield expertise to the firm's High Yield and Global Strategic Income Fund strategies.  Previously, she was a high yield portfolio manager with GE Asset Management. Prior to that, Ziverte was a team leader and senior analyst, co-managing a leveraged finance research team, and was responsible for developing and implementing the firm's credit processes and procedures. Earlier in her career, she was a credit analyst with Citigroup/Travelers Life and Annuity, and with Phoenix Investment Partners.

Ziverte has an M.B.A. from Rensselaer Polytechnic Institute and a B.S. in Business Administration from the University of Latvia.

Anuranjan Sharma is a senior research analyst at OppenheimerFunds. Prior to joining the firm earlier this year, he was an assistant vice president at Voya (formerly ING Investment Management), where he built asset allocation frameworks and developed investment solutions within the global bond, emerging market and core plus strategies, with an emphasis on currency and global rates. 

Sharma has an MBA with honors from Carnegie Mellon University with a concentration in Finance and Economics.  He also holds a B.S. from the Indian Institute of Technology Delhi.

Ira Jersey is a senior client portfolio manager in New York for OppenheimerFunds' Fixed Income teams, including Investment Grade, Global Debt and Multi-Sector Fixed Income. Jersey had been at Credit Suisse, where he was head of U.S. Interest Rate Strategy. Prior to that he was head of U.S. Fixed Income Strategy at the Royal Bank of Canada.

Jersey received an M.A. in Economics from New School University, a M.A in International Studies from the University of Birmingham, and a Bachelors of Political Science and Communication from The American University.

Taylor Watts is a senior client portfolio manager in Denver for OppenheimerFunds' High Yield Corporate Debt team. Watts had been at Knight Capital Group, where he was a managing director focused on trading below-investment grade debt with institutional accounts.  Earlier he was co-head of Credit and Equity Sales at CRT LLC in Stamford, Conn., and was in Fixed Income sales at Credit Suisse First Boston. Watts has a B.A. in Geology from Williams College.

About OppenheimerFunds

OppenheimerFunds, a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $233 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of July 31, 2015.

Founded in 1959, OppenheimerFunds is a high conviction asset manager with a history of providing active, innovative investment strategies to its investors. The firm's 14 distinct, collaborative investment management teams specialize in equity, fixed income, alternative and multi-asset strategies. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors serving individual investors. OppenheimerFunds provides advisory services to the Oppenheimer mutual funds, and OFI Global Asset Management offers solutions to institutions. For more information, visit oppenheimerfunds.com.

Investments in mutual funds are subject to market risk and volatility. Shares may gain or lose value.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY, 10281

© 2015 OppenheimerFunds Distributor, Inc.  All rights reserved.

 

SOURCE OppenheimerFunds