Manager Analysis

Strategic Investment Advice

 

  Tactical Investment Decisions

 

    Depth of Investment Experience

 

      Traditional and Alternative

        Investments

Biographies


 

Christopher Cutler, CFA, Founder

 
Chris Cutler founded the investment consulting firm Manager Analysis Services, LLC [MAS] in March 2003.  MAS advises institutional clients on the governance and implementation of their investment programs.  MAS also advises on manager selection, due diligence, and monitoring. Cumulatively MAS has reviewed about 2,000 asset managers and investment ventures since its founding 16 years ago, and advises on about $5 billion in assets. 



Prior to founding MAS, Chris worked at Deutsche Bank from 1994 for 2003. He managed risk for specialized fixed income derivatives products, marketed OTC interest rate derivatives, and developed structured financial products. Chris conducted due diligence calls as early as 1995, when managing risk for the stable value Wraps business, where he reviewed the trading strategies of the largest US fixed income managers, and of hedge funds involved in structured product vehicles.    



Chris was an economist and bank regulator at the Federal Reserve Bank of New York from 1988 to 1994.  He co-authored the Federal Reserve System's original Trading Activities Manual, the comprehensive guide to the Federal Reserve System's examiners when they examine banks' trading floors.   



Chris has an MBA in Finance from NYU's Stern School of Business Executive Program, a BA in Economics from the University of Chicago, and is a CFA Charterholder.  He also holds leadership roles in the 10,000-member NY Chapter of the CFA Institute, CFA Society New York [CFANY].  He led a successful governance reform effort in 2014, was competitively elected to the Board in 2016, and served as the Vice Chair of CFANY’s Board of Directors for the years 2017 and 2018. He has chaired the Programming Committee and the Nominating Committee, and has served on the Executive Search and Audit Committees. 

 

Chris has also contributed to the CFA Institute's Advocacy projects, seeking to inform policymakers and the public about the most pertinent concerns investors face today and to mobilize action to improve the investment climate.

 

Chris Cutler founded Manager Analysis Services, LLC [MAS] in March 2003 to provide outsourced due diligence services on investment managers. Cumulatively MAS has reviewed over 1,500 asset managers and investment ventures since its founding 13 years ago, and advises on about $5 billion in assets.

Prior to founding MAS, Chris worked at Deutsche Bank from 1994 for 2003. He managed risk for specialized fixed income derivatives products, marketed OTC interest rate derivatives, and developed structured financial products.  Chris conducted due diligence calls as early as 1995, when managing risk for the stable value Wraps business, where he reviewed the trading strategies of the largest US fixed income managers, and of hedge funds involved in structured product vehicles.   

Chris was as an economist and bank regulator at the Federal Reserve Bank of New York from 1988 to 1994.  He co-authored the Federal Reserve System's original Trading Activities Manual, the comprehensive guide to the Federal Reserve System's examiners when they examine banks' trading floors.  

Chris has an MBA in Finance from NYU's Stern School of Business Executive Program, a BA in Economics from the University of Chicago, and is a CFA Charterholder.  He is also active in the NY Chapter of the CFA Institute, NYSSA, where he co-led a successful governance reform effort.  He is a Director-At-Large on the Board of NYSSA, chairs the Programming Committee and the Nominating Committee, and serves on the Audit Committee.

Chris has also contributed to the CFA Institute's Advocacy projects, seeking to inform 
policymakers and the public about the most pertinent concerns investors face today 
and to mobilize action to improve the investment climate.

 

Thomas C. Donahoe, JD, PRM, FRM

Managing Director and Practice Leader -- Governance and OCIO Search


Tom leads the governance practice at MAS, LLC.  He assists Endowments and Foundations in creating process efficiencies, adding discipline, and achieving cost savings.  These improvements enable non-profits to focus existing resources to better fulfill their missions.

 

Tom previously served as Chief Risk Officer at two major Hedge Funds as well as senior risk management roles at Barclays Capital and RBC, NY. He has been at the forefront of Valuation, Operational and Compliance risk issues both for major banks as well as non-profits.  Most recently, he led the four-year rescue of the Wethersfield Estate and Garden from bankruptcy. Earlier in his career, Mr. Donahoe managed sales and trading staffs as well as advising on the proper use of financial derivatives for large US corporations.  

 

Tom is the author of the chapter on Compliance and Documentation Risk in the Risk Handbook for Finance Professionals.  Mr. Donahoe has pub­lished a variety of papers with a focus on Governance, Fiduciary Duty, OCIO selection, and ESG investing.  He has been a frequent speaker at investment conferences and seminars. Mr. Donahoe serves(ed) as a Trustee for 7 NYC-area Foundations over the last 20 years. He earned a BSFS from Georgetown University, an MBA in Finance from Fordham University, and a JD from Pace University.  He also studied International Economics at the Universite de Fribourg (CH.)    

 

Safia B. Mehta, CFA

Managing Director and Practice Leader -- MBWE and ESG Mandates

 

Safia most recently joined Manager Analysis to provide strategic and outsourced investment consulting services to a variety of clients. Safia has over 22 years of experience in manager research, asset allocation and discretionary management of outsourced investment portfolios across asset classes. She has specialized skills in evaluating emerging managers on a global basis across asset classes. She has coached emerging managers across their growth stages, from seeding to graduation as developed managers.  Her product development and client engagement skills have been instrumental in raising assets by providing investment solutions that increased investor outcomes.    

 

Over the last 4 years, Safia was the SVP, Portfolio Manager at Progress Investment Management; where she managed over $2.5 billion sub-advisory multi- equity portfolios for large blue-chip institutional clients. As a member of their investment and portfolio management committees she contributed towards business strategy, product development and forming market views.  Prior to joining Progress, Safia was a Principal at North Point Advisors, where she managed discretionary portfolios across asset classes and as a member of the investment committee contributed towards development of business and investment strategy. 

 

Other career highlights includes her tenure at Alliance Bernstein, where she led the development and placement of multi-asset investment solutions for Asian and European investors, and at Prudential Retirement she provided direction and oversight of their $40 billion multi-asset class sub-advisory investment solutions platform for outsourced Defined Benefit and Defined Contribution pension plans.  As the Pension Manager at  PepsiCo,  she managed over $5 billion across asset classes for their defined benefit and defined contribution pension plans and also implemented pension governance standards.

 

Safia graduated with a Bachelor of Arts from the University of Toronto, Canada and holds the Chartered Financial Analyst (CFA) designation.  Safia has been a member of the CFA Institute’s Asset Manager Code Advisory Committee, and over 8 years, chaired various committees as a board member of the CFA Society of Stamford.  She regularly speaks at various industry conferences on current investment topics.

Peter Kwon Donahoe 

Peter is working as a research analyst for Manager Analysis. Peter provides IT Support, Website and Database Maintenance, Time Series Analyses and Portfolio Construction research.  Peter attends college in California and is majoring in Philosophy with a double minor in Math and Science.  He is passionate about investing and mathematics.