Schroders’ Wes Sparks to participate in Miami Summit
Wes Sparks, head of US Credit Strategies, US Fixed Income at Schroders will be considering investment grade and high yield credit when he takes part in the upcoming Funds Society Fund Selector Summit Miami 2016, taking place 28-29 April.
Co-produced by InvestmentEurope, the event targets US offshore fund selectors. Sparks will be looking to discuss the choice facing many investors concerned about which asset class will offer better return at acceptable levels of risk going forward: investment grade versus high yield. The debate reflects developments over the past year, such as widening credit spreads amid expectations for default rates and ratings downgrades. Sparks will also consider key credit themes for 2016.
Sparks has worked at Schroders for the past 15 years. As the head of US Credit Strategies based in New York, he leads the US team responsible for all high yield and investment grade credit portfolios. He built the High Yield team and has been the lead fund manager for Schroder ISF Global High Yield since its inception in 2004, and is co-manager for Schroder ISF Global Corporate Bond and various US multi-sector funds.
Prior to Schroders, Sparks worked as a portfolio manager with corporate sector expertise at Aeltus Investment Management and TCW. Prior to that, he worked on the proprietary trading desk at Fischer Francis Trees & Watts, and at Goldman Sachs Asset Management as a financial analyst and then an associate from 1988 to 1992. He holds an MBA in Finance from Wharton and a BA in Economics magna cum laude from Northwestern University.