A Blend of Youth and Experience

As the Head of Boyd Watterson Fixed Income, Michael R. Vandenbossche, CFA, focuses on investment strategy formation and portfolio management of Boyd Watterson’s Fixed Income line of business. Responsible for ensuring investments follow client guidelines, with the goal of realizing client objectives and outperforming applicable benchmarks and competitor peer groups, while managing downside risks. He oversees the daily execution and implementation of the investment process. Mike started with the company in October of 2014 as a Senior Portfolio Manager before transitioning into his current role as CIO.

Previously, Mike served as a Portfolio Manager with Ambassador Capital Management and Munder Capital Management, where he was a member of the Investment Strategy team, headed the Captive Insurance team, and managed the corporate and CMBS sectors. His resume also includes time at Victory Capital Management and First of America Bank in such roles as Portfolio Manager, Asset/Liability Manager, and Municipal Analyst.

• MBA from Western Michigan University
• BA in Finance from Central Michigan University
• CFA Charterholder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

As the Deputy Chief Investment Officer within the Fixed Income division, Michael J. Krushena, CFA, along with the CIO for Fixed Income, is responsible for formulating investment strategy and process. Mike also serves as the lead portfolio manager of the LDEI Fund, the Tactical CLO Fund, and the fixed income portions of the Multi-Asset Strategy, and custom, credit-focused portfolio strategies. He has primary oversight of the structured product market sector, which includes research and security specific recommendations for asset-backed securities and CLOs. Additionally, he is responsible for high-yield credit research of multiple corporate bond sectors.

Prior to joining Boyd Watterson in July of 2017, Mike served as the Deputy Chief Investment Officer for the Retirement Systems of the City of Detroit and as a Senior Portfolio Manager for both Ambassador Capital Management and Munder Capital Management. In those latter roles, he was part of the corporate credit strategy team, credit research, and responsible for all structured product activities, including ABS and CLOs.

• MBA in Finance from the University of Michigan
• BA in Economics from the University of Michigan
• CFA Charterholder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

As Director of Portfolio Management and Trading, David M. Dirk, CFA, is responsible for the supervision of all portfolio management and trading activity throughout the company’s suite of Fixed Income and Equity products. Alongside the CIO for Fixed Income, he helps to formulate investment strategy focused on maximizing return and minimizing risk across the spectrum. David’s diligent approach ensures consistency in the application and subsequent evaluation of these strategies.

David has over 29 years of industry experience, having joined Duff & Phelps Investment Management Co., predecessor to Boyd Watterson, in August of 1996.

• MBA from Case Western Reserve University
• BA from Baldwin Wallace University
• CFA Charterholder
• Member of the CFA Institute
• Member of the CFA Society of Cleveland

As the Director of Credit Research, Brad Fush, CFA, is responsible for the development, execution, and continual improvement of the credit research process, as well as oversight of the credit analyst team. Additionally, he is the co-portfolio manager for the LDEI Fund and conducts research on a variety of Boyd Watterson’s fixed income strategies.

Before joining Boyd Watterson in September 2019, Brad was the Director of Credit Research at Incore Capital Management and Munder Capital Management where he focused on credit analysis and credit modeling for the corporate bond sector.

• MS in Accounting from Wayne State University
• MBA in Finance from Wayne State University
• BA in Economics from Albion College
• CFA Charterholder
• Member of the CFA Society of Detroit

Greg D. Oviatt, CFA, is the Senior Portfolio Manager responsible for the management of short-term and intermediate taxable fixed income portfolios, as well as credit research in the banking, financial services, and healthcare industries. Since joining Boyd Watterson in 2019, Greg has remained dedicated to meeting and exceeding client expectations, focusing on relative performance and risk management.

Greg previously served as a Senior Portfolio Manager at Incore Capital Management and Munder Capital Management after working as a Money Market Portfolio Manager at National City Investment Management Company.

• BA in Economics from Kalamazoo College
• CFA Charterholder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

Justin C. Waggoner is a Senior Portfolio Manager responsible for the intermediate and the short-term suite of taxable fixed income portfolios. He is focused on the consistent application of firm-wide investment strategies in order to realize client objectives while managing downside risks and outperforming applicable benchmarks and competitor peer groups.

Justin’s commitment to investor success spans a little more than two decades with Boyd Watterson. He began his financial career with the firm in November of 1999 when it was known as Duff & Phelps Investment Management Co.

• MBA from Case Western Reserve University
• BS from The Ohio State University

As a Portfolio Manager within the Fixed Income division, Adam C. Thayer is responsible for managing client portfolios to ensure that assets are invested in a manner that aligns with client guidelines. His goal is to achieve client objectives and outperform relevant benchmarks and competitor peer groups, while mitigating downside risks. He executes trades for municipal and equity securities and is responsible as the sector leader for Municipals.

Adam joined the Boyd Watterson team in November of 2023 after getting his start in the financial industry back in 2000, serving as a Senior Portfolio Manager at Incore Capital Management and Munder Capital Management where he managed municipal bond portfolios.

• BA in Finance with Honors from the Eli Broad College of Business at Michigan State University
• CFA Charterholder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

Joy M. Franz works within the Fixed Income line of business and is responsible for trading across all sectors, utilizing a number of different sources in order to ensure best execution. She focuses on the LDEI Mutual Fund, ETF Model, and backs up Municipals and Equities. Joy keeps current with the market and communicates spread movements to portfolio managers and other members of the Fixed Income team. She is a member of several committees within the firm, including the Pricing Committee and the Brokerage Committee.

Joy joined Duff & Phelps Investment Management Co. (Boyd Watterson’s predecessor) in May of 1993 and has continually explored ways to increase productivity, automate processes, and work toward a paperless system. Previously, Joy worked at National City Bank for seven years in various positions such as Proof Encoder, Data Entry Clerk, and Trust Operations Clerk III.

• Volunteer for Camp Cheerful’s Therapeutic Horsemanship Riding Center
• Volunteer for the Cleveland Metro Parks
• Volunteer for the Middleburg Heights Animal Shelter (MHAS)

Ashish Mishra is a Portfolio Manager responsible for the management of Core, ETF, and model delivery fixed income portfolios.  His primary goal is to ensure that assets are invested in a manner that aligns with the client objectives and guidelines, aiming to exceed relevant benchmarks and competitor peer groups while mitigating downside risks. Ashish responsibilities also include executing trades across a wide range of fixed income securities through electronic platforms and direct negotiations, achieving the best possible execution, timeliness, and accuracy. Additionally, he holds the role of sector leader for mortgage-backed securities and provides essential quantitative support to the Fixed Income team, enhancing the investment decision making process.

Before joining Boyd Watterson in September of 2018, Ashish had a diverse career in the biopharmaceutical industry starting 2007, primarily focusing on product development and technology transfer. His early career included roles as a Research Scientist at NovelMed Therapeutics and Intas Pharmaceuticals Limited, and as a Research Assistant for Cadila Pharmaceuticals Limited.

• MBA from the Weatherhead School of Management at Case Western Reserve University
• MSc from Jiwaji University
• BSc from VBS Purvanchal University
• Currently enrolled in the CFA program
• Green Belt certified in Six Sigma & Quality Management from the Weatherhead School of Management at Case Western Reserve University

Cameron D. Vandenbossche is a fixed income Senior Credit Analyst responsible for credit and sector research. Cameron monitors portfolio positions and assesses developments that impact the company’s existing corporate bond holdings. He is also an analyst on our CLO fund helping to identify securities and monitor portfolio positions. He regularly provides quantitative reporting to assist the portfolio management team in identifying relative value and new potential investments.

Cameron began his career at Boyd Watterson in June of 2018 as an Intern with the Real Estate and Fixed Income teams before transitioning to his full-time position in April of 2021.

• BA in Economics with a minor in Leadership of Organizations from Michigan State University
• AB from St. Clair Community College
• Certified in Bloomberg Market Concepts
• Currently enrolled in the CFA program