Parametric Portfolio Associates has appointed Craig Letendre, CAIA, as a Client Service Associate.
Based in Boston, Letendre is responsible for supporting the Client Relationship Management team in the management of Parametric's Institutional client relationships.
Letendre joins Parametric from NEPC, LLC where he was a Senior Analyst since 2010. He supported and serviced outsourced CIO clients, including endowments, foundations and taxable accounts, with asset allocation, portfolio implementation and rebalancing, policy formation and review, and investment manager selection. Prior to this, Letendre spent over two years working as bank loan specialist for State Street Corporation. He graduated from Brandeis University with a bachelor of arts degree in economics and American studies. Letendre is currently working toward his master of business degree in finance at the University of Massachusetts at Amherst.]
He reports to James Barrett, Parametric's Managing Director of Institutional Sales and Client Service. "We are pleased to have a talented professional like Craig join our team," says Barrett. "As a group, we are dedicated to providing our clients with the highest level of service available in the industry."
The institutional sales and service team under Barrett, now comprises 14 members. Together they focus exclusively on institutional consultants and investors by supporting relationship management, and assisting with consultative sales and service of Parametric's growing line of institutional offerings.
Parametric customised solutions are designed to help institutions seek to increase efficiency, maximise return, fill asset allocation gaps, and better manage risk. These include customized, derivative-based strategies including a policy implementation overlay program, as well as rules-based, engineered product solutions which seek to deliver superior risk-adjusted performance.