Mr. Andres is the Founder of Andres Capital. Mr. Andres has spent the last 40 years as an innovator and leader in the world of fixed income investments. His leadership experiences across the broad spectrum of both tax-exempt and taxable products are unique and underscore the depth of understanding he offers in support of fixed income investors. He has played an active role in managing assets in a broad range of market cycles, in the face of rising geo-political events and in both rising and declining interest rate environments. His Wall Street career highlights include: National Sales Manager for Municipal Securities at Kidder Peabody; National Municipal Sales Manager at Merrill Lynch where he led Merrill’s efforts to finance both the Dallas-Fort Worth Airport and the Meadowlands Sports Complex; Managing Director of Corporate Bond Trading and Underwriting at Merrill, with responsibility for positioning, hedging, and risk management; and President – Merrill Lynch Mortgage Capital Corporation, with responsibility for all mortgage-backed securities trading, hedging, research, and investment banking.
He utilized these leadership positions as a platform to further enhance the development of the modern bond market. Under Bob’s leadership Merrill Lynch underwrote the first billion dollar collateralized mortgage obligation (CMO), and he played a pivotal role in the development and growth of the “Tiger” product – the forerunner of all zero coupon securities. He received public recognition for introducing sophisticated hedging techniques to improve trading profitability. It was at this time that Institutional Investor magazine featured Bob as one of three fixed income industry leaders.
Bob’s post-Wall Street career began when he co-founded Martindale Andres & Company, a buy-side investment management organization focused on fixed income and small cap equities. He functioned as the firm’s President and Chief Investment Officer of Fixed Income, overseeing $1.2 billion in fixed income assets. Subsequently, Bob served as Chief Investment Strategist for Envestnet, a publicly traded investment solutions company serving more than 36,000 investment advisors and overseeing nearly $700 billion in assets. He is also the founder and editor of the Andres Review, a publication that seeks to provide intellectually honest and impartial economic and market commentary. His writings have gained wide distribution within the advisor community.
Bob’s unique perspective and ability to explain the economic landscape and the arcane world of fixed income has gained him national recognition with the media. He has been featured in Barron’s, Institutional Investor, and has appeared regularly on CNBC, Fox Business, and Bloomberg. Bob attended Columbia University where he studied Political Science and Economics.
Email Bob Andres@andrescapital.com