Scott Minerd — Guggenheim Partners

Chairman of Investments and Global Chief Investment Officer

THE LATEST: Minerd isn’t afraid to wade into controversial waters with his opinions. He has offered insights on issues such as former President Donald Trump’s payroll tax cut proposal and trade spats with China. In March, Minerd wrote in an Outlook blog for Guggenheim that the transition to a carbon-neutral economy will cause job losses. “Those losses, painful as they will be to those who are affected, will, however, be more than offset by new opportunities.” On CNBC in early March, Minerd said that the widespread expectation on Wall Street for rising interest rates was likely wrong and that the benchmark U.S. Treasury rate could even turn negative.
BACKGROUND: After getting rich on Wall Street as a bond trader, Minerd retired and moved to Los Angeles at age 37. He went back to work a few years later and helped found Guggenheim Partners in 1999. Today, Minerd guides investment strategies and oversees client accounts across a range of fixed-income and equity securities for the firm, which has more than $310 billion in assets under management. He was previously a managing director with Credit Suisse First Boston. His career has also included stints at Morgan Stanley, Merrill Lynch and Continental Bank.
YEARS ON THE LA500: 6
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