The Rising Stars: Goffin, Ho, Tong, Mascarell

Today we feature Nationwide’s Marcus Goffin, head of global programme trading at Deutsche Asset Management, Andy Ho, Goldman Sachs’ Tong and Mascarell from Banco de España.

By Editors

Marcus Goffin, head of derivatives, Nationwide Building Society

As The Trade’s first ever rising star from a building society, Marcus Goffin, head of derivatives at Nationwide Building Society fits the bill. 

Goffin has been a part of Nationwide’s trading desk since 2007 following the merger of the Portman Building Society, and has since risen through the ranks.

Goffin has held a number of roles at Nationwide including treasury dealer on its long-term funding and derivatives desk. In 2008 he was appointed to run its £7 billion credit portfolio, and then in 2009 was named a senior dealer, becoming responsible for managing the Society’s GDP interest rate risk and swap spread risk. 

Then in 2013, he was appointed a senior manager for Nationwide’s derivatives strategy. One year later he was appointed head of derivatives.

Goffin holds a first class degree in Aeronautical Engineering from the Imperial College of London, as well as a CFA and AMCT certification.

Andy Ho, head of global program trading, Deutsche Asset Management

Andy Ho has been in the investment management industry for over 15 years. His experience spans trading and portfolio management in hedge funds, institutional investment management and several large organisations.

As head of trading at Deutsche Asset Management, Ho oversees all trading activity in the Asia-Pacific region, though also heads up the firm’s global program trading, which covers both US and European markets. His goal is to increase Deutsche Asset Management’s presence in the region by building the best in class trading desk.

Ho began his career in fixed income, as a trader and then portfolio manager at Mellon Capital, gradually building extensive knowledge of program trading. Ho in fact BNY Mellon’s Hong Kong trading operation and he said trading activity and volumes in the region at BNY Mellon Investment Management increased significantly under his leadership; something of which he is very proud. Like most in the industry, Ho deems regulatory changes and declining liquidity as major barriers to the trading world.

When not heading up Deutsche Asset Management’s Asia-Pacific trading, Ho says his two young children take up most of his time. He has a boy aged four and a half, and a little girl aged just three. Ho enjoys playing basketball or golf in his time spare time.

Nancy Tong, fixed income trader, Goldman Sachs Asset Management

Despite only a few years in the business, Nancy Tong of Goldman Sachs Asset Management (GSAM) already seems to have the perseverance required to succeed in the trading business.

Tong graduated from the London School of Economics with a BSc in economics in 2013 with her ambition already evident through her studies. While studying she spent three stints as an intern for Goldman Sachs, firstly in its securities division, then as GSAM and again as GSAM in its fixed income division.

Tong also did internships at Credit Suisse, Rothschild and Boston Consulting Group. As if that weren’t enough extra-curricular activity, she also served as president and vice president of the London School of Economics Student Union Business Society.

Clearly the hard work paid off and she is now a fixed income trader for GSAM since 2013 and can no doubt expect to go far in the industry as her career continues.

Adrià Peiró Mascarell, fixed income asset purchase programme trader, Banco de España

Adrià Peiró joined Banco de España in July this year as a fixed income asset purchase programme (APP) trader, following a 3-year stint at BBVA Asset Management in Madrid, Spain.

During his time at BBVA, Peiró held a similar position as fixed income trader on the firm’s dealing desk. He was responsible for carrying out daily execution for funds and private banking of fixed income rates and credit flow. Peiró also traded fixed income derivatives, foreign exchange cash and derivatives and CDS options. Before joining BBVA, he worked at Santander Global Banking and Markets for just over a year on the fixed income credit institutional sales desk. This was a support role which allowed him to extend his knowledge of the fixed income trading world.

Knowledge is indeed Peiró’s true passion. He achieved his first degree in economics at the University of Valencia, before completing a Masters degree in tax advisory and corporate law. Peiró then attended the University of Madrid to complete a law degree, and moved on to finally achieve a Masters degree in stock exchange and financial markets. He also holds also CFA institute Level 1 qualification.

He describes himself as a ‘diligent banking professional who is passionate about financial markets’. Peiró says he is constantly seeking to improve and extend his market knowledge.

Now at Banco de España, his focus is on APP implementation. APP was introduced by the European Central Bank to address the risks of a too prolonged period of low inflation. Peiró’s career spans just over 6 years, and having achieved so much already, it’s no surprise his name cropped up as a candidate for The Trade’s Rising Stars awards this year.