Manu Daftary is an American

money manager Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be instituti ...

who manages the Quaker Strategic Growth Fund. In the ten years from 1997 to 2006, the fund beat the

S&P 500 The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of D ...

by an average of nine percent per year.

Career

He began his investment management career at the

University of Southern California The University of Southern California (USC, SC, or Southern Cal) is a Private university, private research university in Los Angeles, California, United States. Founded in 1880 by Robert M. Widney, it is the oldest private research university in C ...

in 1985 where he was Assistant Treasurer of Investments. In 1988, he joined Geewax, Terker & Company as a

portfolio manager A portfolio manager (PM) is a professional responsible for making investment decisions and carrying out investment activities on behalf of vested individuals or institutions. Clients invest their money into the PM's investment policy for future grow ...

in 1988, where he co-managed the firm's institutional accounts and managed equity short selling for the firm's hedge fund assets. While at GT&C, he designed an option overlay program for its institutional accounts. He then worked at Hellman, Jordan Investment Management Company as a senior vice-president/portfolio manager, and had lead responsibility for $500 million in institutional assets. There, he also participated in the management of $150 million in hedge fund assets. Daftary started his own investment firm in 1996, DG Capital Management, of which he is president and CEO

Education

Daftary has a

Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years ...

in economics from the

University of Mumbai The University of Mumbai is a collegiate university, collegiate, State university (India), state-owned, Public university, public research university in Mumbai. The University of Mumbai is one of the largest universities in the world. , the un ...

, India. He is also a graduate of

California State University, Long Beach California State University, Long Beach (CSULB) is a public research university in Long Beach, California. The 322-acre campus is the second largest of the 23-school California State University system (CSU) and one of the largest universities i ...

., where he received both a

Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of ...

and

master of business administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

. he is a holder of the chartered financial analyst credential.

References

{{DEFAULTSORT:Daftary, Manu Year of birth missing (living people) Living people Indian emigrants to the United States California State University, Long Beach alumni University of Mumbai alumni University of Southern California staff American money managers American Jains CFA charterholders American people of Indian descent