HOUSTON - Smith, Graham & Co. Investment Advisors, L.P. (Smith Graham) adds new Chief Investment Officer (CIO) to its fixed income group. Lorenzo Newsome, Jr., CFA, FRM, PRM joins Smith Graham with nearly thirty years of experience and a profusion of knowledge from an extensive and diverse investment background. He will serve to focus Smith Graham on its long-term goals of continually improving performance while managing risk in fixed income portfolios.
"Smith Graham is a wonderful organization with excellent resources and systems. With such a legacy of historical success, I'm excited to work with a stellar group of colleagues and build upon this strong foundation," says Lorenzo Newsome.
For the last decade, Mr. Newsome established a proven modus operandi, steering portfolio management teams with consistent top quartile performance or better, in core and broad market strategies. Moreover, he brings considerable financial risk management experience to this role, guiding Smith Graham's investment team with his Financial Risk Manager (FRM) and Professional Risk Manager (PRM) credentials. "I am pleased to have Lorenzo as our new CIO," says Smith Graham Chairman and CEO, Gerald Smith. "He will be a great addition to the leadership of our firm. Not only does he bring a strong track record of solid long-term performance, but risk management is part of his DNA."
Prior to joining Smith Graham, Mr. Newsome most recently served as Piedmont's Chief Investment Strategist and fixed income portfolio manager. This role was created by the President of Piedmont to transition the asset purchase from NCM Capital in September 2016. Before that, Mr. Newsome served as President and Chief Investment Officer of NCM Capital; CEO and Chief Investment Officer of Xavier Capital Management; Director of Risk Management, Alternative Assets at Friedman Billings Ramsey Investment Management (FBRIM); and Senior Financial Risk Officer for the Office of Federal Housing Enterprise Oversight (OFHEO), demonstrating his undeniable prowess every step of the way. "We will work to enhance and continue what Smith Graham has achieved. My background gives me a wide lens of the market from different aspects, and our clients will continue to benefit from this diverse thinking," says Mr. Newsome.
Mr. Newsome received his B.S. in Business Management from the University of Pittsburgh at Bradford and an MBA from Bowie State University. In addition to his FRM and PRM designations, he also holds a Chartered Financial Analyst (CFA) designation and is a member of both the Global Association of Risk Professionals and the Professional Risk Managers' International Association. Mr. Newsome has been quoted as a trusted source by The Wall Street Journal, Reuters, Bloomberg, Leveraged Finance News and the Associated Press. He has also published academic research papers in the Journal of Investing.
About Smith, Graham & Co. Investment Advisors
Smith Graham is a $6 billion institutional equity and fixed income management firm headquartered in Houston and New York. Founded in 1990 with a team hailing from diverse backgrounds, Smith Graham applies its conservative and repeatable investment process to different asset classes, including alternative income sources. As it completes its third decade of asset management, Smith Graham continues to embrace new opportunities that meet conservative risk requirements for delivering consistent and dependable returns for long-term partners.