David Phillips

David Phillips, CFA, ASA, EA

Director, Liability Driven Investment Strategies

David leads Parametric’s Liability-Driven Investment (LDI) Strategies. He provides clients expertise on LDI management through his understanding and insight into variations of pension liabilities, investment solutions, and corporate finance objectives. Before joining Parametric in 2019, David was the director of client strategy and research and risk analytics at Russell Investments, where he was responsible for research, development, and analysis of investment strategies for defined benefit plans and evaluating risk for plan sponsors. His career in the financial industry began at actuarial firm Sedgwick James (now part of Mercer) in 1990. His professional experiences include serving as director of asset management for Celanese Corporation, where he led global pension investment activity, and manager of client services at NISA Investment Advisors, where he provided pension liability expertise for the firm’s clients. David holds EA (Enrolled Actuary) and ASA (Associate of the Society of Actuaries) designations, and he’s a member of the CFA Society of Seattle.

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Investment professional since 1990

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Based in Seattle

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BS, mathematics,
University of Wyoming,
MS, mathematics,
Oregon State University

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Originally from Evanston, Wyoming

From this author

Investment advisory services offered through Parametric Portfolio Associates^® LLC ("Parametric"), an investment advisor registered with the US Securities and Exchange Commission (CRD #114310). Parametric is also registered as a portfolio manager with the securities regulatory authorities in certain provinces of Canada (National Registration Database No. 42850) with regard to specific products and strategies. Parametric provides advisory services directly to institutional investors and indirectly to individual investors through financial intermediaries. The information on this website does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Investing entails risks, and there can be no assurance that Parametric (and its affiliates) will achieve profits or avoid incurring losses. All investments are subject to potential loss of principal. Parametric does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. Please refer to the disclosure page for important information about investments and risks.

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From this author

Defining Two Varieties of Volatility in Corporate Pension Plans

Time for Plan Sponsors to Recalibrate Their Hedging Strategy

How Low Interest Rates Are Changing Liability-Driven Investing