
EDUCATION & EXPERIENCE
ABOUT ME

Toby Carrodus
I am a dedicated investment professional with a genuine passion for trading. I am particularly interested in systematic trading strategies and enjoy working with large datasets in Python. I have experience spanning multiple asset classes (bonds, FX, commodities, equities) and instruments (futures, swaps, cash and options). Throughout my career, I have worked in a variety of functions, ranging from quantitative research to client-facing roles.
Experience
Quantitative Analyst, Prop Trading Firm | 2018-2022
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Designing, researching and overseeing medium-frequency (intraday) systematic trading strategies covering currencies, commodities, bonds and equity indices
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Project management of trading strategies from an exploratory data and hypothesis phase through to formal presentation of results and real-time implementation
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Sourcing and cleaning data; analyzing large datasets with Python
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Monitoring slippage and adjusting transaction cost models; conducting attributions
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Collaboration with developers to implement research into live production systems
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Building general research infrastructure
Investment Solutions Associate, Winton Capital | 2016-2018
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Product specialist for systematic futures and event-driven strategies; requires detailed knowledge of strategies to provide explanations to family offices, pension boards, sovereign wealth funds and fund of fund allocators
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Regular presentations of investment strategies at industry conferences and events throughout APAC; collaborating with investors to create tailored investment solutions ​
Macro Research Analyst & Trader, MST Capital | 2014-2016
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MST (Macro Strategic Trading) was a macro hedge fund with an APAC bias that traded across asset classes (rates, credit, commodities, FX and equities) and instruments (cash, swaps, futures, forwards and options)
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I provided direct support to the CIO to manage a global macro portfolio with discretion to manage investments positions; execution across asset classes and instruments; hedging and funding non-USD instruments; rolling daily FX balances; trade booking
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Macroeconomic research for the Investment Committee; designed and implemented position sizing techniques for PM’s to achieve portfolio target volatility;
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Research, evaluation and implementation of systematic trading strategies using Python with a focus on liquid futures markets
Account Management & Portfolio Management Associate, PIMCO | 2012-2014
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Building dynamic templates with SQL, Excel/VBA, Bloomberg and proprietary software; reporting on risk metrics, portfolio positioning and attributions
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Providing market commentary and assistance to Account Managers to prepare for client meetings; responding to market and client driven ad-hoc requests
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Collaborating with Portfolio Managers on all aspects of managing investment grade credit and high yield bond portfolios (US$34.4bn), including monitoring and adjusting interest rate duration, curve positioning, spread duration, FX exposure, leverage and cash; use of VBA to automate regular tasks
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Maintaining target carry exposure from futures roll yield, cash yield curve roll-down, FX carry and theta; modelling risk impacts of trades and ensuring pre-compliance (incl. cash bonds, IRS, CDS, futures, FX)
EDUCATION
Humboldt-Universität zu Berlin, Berlin, Germany | 2009-2011
​M.Sc. Economics
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Master dissertation on “Estimation & Evaluation of Risk in Artificially-Smoothed Asset Returns of Illiquid Assets via the Getmansky et. al. Method”
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Scholarship: Friedrich-Naumann Stiftung für die Freiheit (2009 – 2011)
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Bursary to participate at the International Summer School in Economics, Havana, Cuba
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Courses included: Econometrics, Time Series Analysis, Panel Data, Quantitative Methods
Australian National University, Canberra, Australia | 2005-2009
Bachelor of Economics & Bachelor of Arts
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Scholarship: ANU/UniSA Economics Summer Resarch Scholarship to conduct research on regulation of state utilities
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Scholarship: Baden-Württemberg Stipendium for an exchange year at the Albert-Ludwigs Universität, Freiburg, Germany (2007 – 2008)
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Goethegesellschaft Prize for outstanding achievements in advanced German, Canberra (2007)
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Invited for Honours in Applied Economics, Canberra (2009)