David Rae is director of overlay services with Russell Investments. David has ongoing management responsibility for the derivative overlay services business. This team is responsible for identifying, evaluating and developing multi-asset solutions for Russell's client base. Strategies include asset allocation overlays, liability hedging, currency overlays and portable alpha.
Before joining the overlay services group in 2006, David was a consultant in Russell's Auckland and London offices where he was responsible for the delivery of a full range of consulting services. He was particularly associated with the area of asset-liability management and was part of the team developing and implementing Russell's strategic asset allocation capabilities for European clients.
Prior to joining Russell in 2000, David worked at Railpen Investments where he was involved in running eight externally managed pooled funds for the railway industry-wide pension scheme.
David holds a B.Sc.(Honours) in Economics from The University of St. Andrews. He is also a CFA Charterholder from the CFA Institute. David is an Associate of the Society of Investment Professionals (CFA Society of the U.K) and he holds an Investment Management Certificate.