Profil
Ms. Rose-Marie Lyght is Co-Chief Investment Officer at Annaly Capital Management, Inc. and Fixed Income Discount Advisory Co. (FIDAC) where she is a Portfolio Manager.
Ms. Lyght joined FIDAC in April 1999.
Ms. Lyght received her undergraduate and her MBA degrees from Villanova University.
She is a Chartered Financial Analyst.
Anciens postes connus de Rose-Marie Lyght
| Sociétés | Poste | Fin |
|---|---|---|
| ANNALY CAPITAL MANAGEMENT, INC. | Directeur en chef des Investissements | 03/02/2015 |
Fixed Income Discount Advisory Co.
Fixed Income Discount Advisory Co. Investment ManagersFinance Fixed Income Discount Advisory Co. (FIDAC) invests in asset-backed securities including US residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The firm seeks to earn positive net interest income from the difference between the yield on their securities and the cost to finance them. FIDAC structures their portfolio using the Annaly MBS Barbell Strategy. This strategy employs a combination of adjustable, floating and fixed-rate mortgage backed securities so that it can perform well throughout a variety of interest rate environments. All of FIDAC's securities are classified as available for sale; therefore, the entire portfolio is recorded at market value determined by the average price as determined by three independent sources. All of the securities are guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae which carry actual or implied AAA ratings and have virtually zero credit risk exposure. FIDAC has not needed to introduce credit risk into their portfolio to achieve favorable returns. All their assets can be easily priced and traded in the MBS market, so book value fairly approximates liquidation value. FIDAC uses the repurchase markets to finance the acquisition of their investments. They employ other strategies to manage risks associated with leverage including (1) leveraging only liquid assets that are easily priced and have well-defined active markets (2) utilizing self-imposed limits on the amount borrowed from any one lender (3) diversifying counterparty risk by maintaining credit relationships and open financing lines with many high quality lenders and (4) maintaining optimal levels of leverage to protect against margin calls. Chimera Investment Corp. is a specialty finance REIT that invests in residential mortgage loans, real estate-related securities and various other asset classes. CreXus Investment Corp. is a REIT that acquires, manages and finances commercial mortgage debt. | Directeur en chef des Investissements | - |
Formation de Rose-Marie Lyght
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Sociétés liées
| Entreprise privées | 3 |
|---|---|
Annaly Capital Management, Inc.
Annaly Capital Management, Inc. Real Estate Investment TrustsFinance Operates as real estate investment trust which invests in residential mortgage-backed securities | Finance |
Fixed Income Discount Advisory Co.
Fixed Income Discount Advisory Co. Investment ManagersFinance Fixed Income Discount Advisory Co. (FIDAC) invests in asset-backed securities including US residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The firm seeks to earn positive net interest income from the difference between the yield on their securities and the cost to finance them. FIDAC structures their portfolio using the Annaly MBS Barbell Strategy. This strategy employs a combination of adjustable, floating and fixed-rate mortgage backed securities so that it can perform well throughout a variety of interest rate environments. All of FIDAC's securities are classified as available for sale; therefore, the entire portfolio is recorded at market value determined by the average price as determined by three independent sources. All of the securities are guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae which carry actual or implied AAA ratings and have virtually zero credit risk exposure. FIDAC has not needed to introduce credit risk into their portfolio to achieve favorable returns. All their assets can be easily priced and traded in the MBS market, so book value fairly approximates liquidation value. FIDAC uses the repurchase markets to finance the acquisition of their investments. They employ other strategies to manage risks associated with leverage including (1) leveraging only liquid assets that are easily priced and have well-defined active markets (2) utilizing self-imposed limits on the amount borrowed from any one lender (3) diversifying counterparty risk by maintaining credit relationships and open financing lines with many high quality lenders and (4) maintaining optimal levels of leverage to protect against margin calls. Chimera Investment Corp. is a specialty finance REIT that invests in residential mortgage loans, real estate-related securities and various other asset classes. CreXus Investment Corp. is a REIT that acquires, manages and finances commercial mortgage debt. | Finance |
Villanova University
Villanova University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
















