Research Team

Macro Research Board

MRB has a substantial bench of leading asset class and regional experts averaging over 20 years of experience in financial market research. Members work in our London, Montreal and New York offices, but pull together as one disciplined yet innovative team to cover all major economies and asset markets.


Phillip Colmar
Partner, Global Strategy
Phillip Colmar is a founding partner. He has extensive experience, both as a strategist and economist. Mr. Colmar focuses on global multi-asset investment strategy, trading opportunities, and ... View More
Mehran Nakhjavani
Partner, Emerging Market Strategy
Mehran Nakhjavani is a partner and helped found MRB in 2010. He has extensive experience in investment research and investment management, specializing in emerging markets and ... View More
Peter Perkins
Partner, Global Strategy
Peter Perkins is a founding partner. He has extensive experience, both as a strategist and economist. Mr. Perkins focuses on asset allocation issues and strategy, key drivers of the global economy and ... View More
Warren Smith
Partner, U.S. Strategy
Warren C. Smith is a founding partner. He has extensive experience as an investment strategist. Mr. Smith focuses on the U.S. and other developed markets and works closely with MRB clients to ... View More


Salvatore Ruscitti
Strategist, Global Equity Sectors
Salvatore Ruscitti joined MRB in 2011. He has extensive experience in both top-down and bottom-up equity research. Mr. Ruscitti is responsible for MRB’s global and regional equity sector views ... View More
Adam Wolfe
Strategist, Asia Ex-Japan
Adam Wolfe joined MRB in 2014, and specializes in China and the rest of emerging Asia. He has extensive experience in macroeconomic and investment research. Mr. Wolfe is responsible for ... View More

Senior Analysts

Amr Abdel Khalek
Senior Analyst, Emerging Markets
Amr Abdel Khalek joined MRB in 2011 and specializes in emerging markets. Along with Mehran Nakhjavani, he is responsible for driving MRB’s house view on non-Asian emerging market economies and ... View More
Santiago Espinosa
Senior Analyst, Foreign Exchange
Santiago Espinosa joined MRB in 2010, and specializes in foreign exchange strategy and absolute-return investment ideas. He is currently responsible for ... View More
Erik Franco
Senior Analyst, Regional Equities
Erik Franco joined MRB in 2011, and specializes in tactical asset allocation and regional equity strategy. He contributes regularly to economic and asset class research reports. Mr. Franco is also ... View More


MRB's senior research members are supported by highly skilled Research Analysts and Research Assistants working in our London, Montreal and New York offices.