The Scientific Approach to Fixed Income Management

Science and technology have disrupted the active fixed income asset management industry, as they have so many industries before it. With the conditions in place for scientific fixed income investing to flourish, investors have available both an alternative and a complement to the traditional active fixed income strategies that dominate their portfolios today.

In this interview, Spencer Logan discusses Harbor Capitals recent launch of an active transparent ETF that uses a scientific approach to fixed income investing.

Spencer Logan is an investment specialist at Harbor Funds Distributor, Inc. He is part of the Investment Specialist Team that provides insights on financial markets and serves as a product specialist for Harbors investment strategies. Prior to joining Harbor, Spencer was a regional director at Charles Schwab Investment Advisory Inc., where he distributed SMA, ETF and mutual fund solutions to Schwab Advisors. Spencer earned a B.A. of Economics at the University of Arizona and an M.S. of Investment Management and Financial Analysis from the Heider College of Business at Creighton University in Omaha, Nebraska. He holds the Chartered Financial Analyst® (CFA), Chartered Alternative Investment Analyst (CAIA) and Financial Data Professional Charter (FDP) designations. Spencer is a member of the CFA® Institute and the CFA® Society Chicago.

I spoke with Spencer on October 15.

To listen to this interview as a podcast, go here.

Tell me a little bit about yourself, your career path and what led you to join Harbor.

It's an interesting path that got me to where I am today. As a matter of fact, like a lot of people in our industry, I didn't start out believing that I would be a part of asset management or involved in financial services.

My lineage goes back to computer science and programming. I found myself doing what a lot of teenagers did back during the internet revolution – dissembling their parents' computer, trying to upgrade it and finding some successes and some failures, always frustrating my mother and father along the way, but learning. That transitioned into a study course in college. After about two years of being a computer science major, just like many young, aspirational individuals at that age, I tried to figure out exactly what was I going to do with all the money I would make once I graduated.