director, head of multi asset investment strategy and allocation, UPS Investment Trust
Roxton McNeal serves as a director and the head of multi asset investment strategy and allocation at the UPS Pension Group. He maintains investment oversight for the strategic and tactical allocation of the approximately USD42 billion in assets held for the UPS defined benefit plans.
Roxton is also responsible for the implementation of tactical asset allocation, plan level derivative overlay strategies, asset/liability management as well as risk and performance monitoring. He is one of four investment committee members with the overall responsibility for the operation and administration of the UPS Pension Group Portfolios and overseeing the implementation of the investment policy.
Prior to his current position at the UPS Pension Group, Roxton was the senior portfolio manager for the long duration fixed income portfolio where he had oversight of approximately USD7 billion of long duration fixed income assets. He restructured the benchmarks and manager mandate guidelines to balance the asset class’ competing roles of total return and liability hedging.
Before joining the UPS Investments Group, Roxton held various positions at General Motors Asset Management. He was responsible for the oversight of approximately USD20 billion in long duration fixed income assets, played a key role in a USD25 billion pension risk transfer agreement, and designed and implemented key quantitative analytics across asset classes and pension plans under the purview of GMAM.
Prior to joining the corporate pension community, Roxton worked on the buyside for hedge funds and private companies including commodity trading advisors and private energy companies. He attended the Wharton School at the University of Pennsylvania and graduated with a Bachelor of Science in Economics. He is a CFA charterholder, as well as having the Financial Risk Manager designation, and he holds the Certificate in Investment Performance Measurement and the Certificate in Quantitative Finance (CQF).