Jeremy Diamond

No open positions remaining

62 year

Finance

Consumer Services

Profile

Mr. Jeremy Diamond is MD & Head-Research & Corporate Communications at Annaly Capital Management, Inc. and a Managing Director at Fixed Income Discount Advisory Co. (FIDAC) where he is an Analyst.
He is on the Board of Directors at Chimera Investment Corp.
Prior to joining FIDAC in 2002, Mr. Diamond was employed as President by Grant's Financial Publishing, Inc. and Lehman Brothers, Inc. Mr. Diamond received his undergraduate degree from Princeton University and his MBA from the University of California, Los Angeles-Anderson School.

Former positions of Jeremy Diamond

Companies	Position	End
CHIMERA INVESTMENT CORPORATION	Director/Board Member	2013-06-25
ANNALY CAPITAL MANAGEMENT, INC.	Chief Tech/Sci/R&D Officer	2012-12-31
Grant's Financial Publishing, Inc. Grant's Financial Publishing, Inc. Publishing: Books/MagazinesConsumer Services Publishes financial articles	President	2001-12-31
Lehman Brothers, Inc. Lehman Brothers, Inc. Investment Banks/BrokersFinance Provides investment banking services	Corporate Officer/Principal	-
Fixed Income Discount Advisory Co. Fixed Income Discount Advisory Co. Investment ManagersFinance Fixed Income Discount Advisory Co. (FIDAC) invests in asset-backed securities including US residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The firm seeks to earn positive net interest income from the difference between the yield on their securities and the cost to finance them. FIDAC structures their portfolio using the Annaly MBS Barbell Strategy. This strategy employs a combination of adjustable, floating and fixed-rate mortgage backed securities so that it can perform well throughout a variety of interest rate environments. All of FIDAC's securities are classified as available for sale; therefore, the entire portfolio is recorded at market value determined by the average price as determined by three independent sources. All of the securities are guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae which carry actual or implied AAA ratings and have virtually zero credit risk exposure. FIDAC has not needed to introduce credit risk into their portfolio to achieve favorable returns. All their assets can be easily priced and traded in the MBS market, so book value fairly approximates liquidation value. FIDAC uses the repurchase markets to finance the acquisition of their investments. They employ other strategies to manage risks associated with leverage including (1) leveraging only liquid assets that are easily priced and have well-defined active markets (2) utilizing self-imposed limits on the amount borrowed from any one lender (3) diversifying counterparty risk by maintaining credit relationships and open financing lines with many high quality lenders and (4) maintaining optimal levels of leverage to protect against margin calls. Chimera Investment Corp. is a specialty finance REIT that invests in residential mortgage loans, real estate-related securities and various other asset classes. CreXus Investment Corp. is a REIT that acquires, manages and finances commercial mortgage debt.	Analyst-Fixed Income	-

See the detail of Jeremy Diamond's experience

Training of Jeremy Diamond

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

See the detail of Jeremy Diamond's experience

Connections

1st degree connections

1st degree companies

Male

Female

Members of the board

Executives

See the personal network

Linked companies

Private companies	7
Lehman Brothers, Inc. Lehman Brothers, Inc. Investment Banks/BrokersFinance Provides investment banking services	Finance
Annaly Capital Management, Inc. Annaly Capital Management, Inc. Real Estate Investment TrustsFinance Operates as real estate investment trust which invests in residential mortgage-backed securities	Finance
Chimera Investment Corp. Chimera Investment Corp. Real Estate Investment TrustsFinance Operates as a real estate investment trust with a focus on residential mortgage loans and mortgage-backed securities	Finance
University of California, Los Angeles University of California, Los Angeles Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Fixed Income Discount Advisory Co. Fixed Income Discount Advisory Co. Investment ManagersFinance Fixed Income Discount Advisory Co. (FIDAC) invests in asset-backed securities including US residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The firm seeks to earn positive net interest income from the difference between the yield on their securities and the cost to finance them. FIDAC structures their portfolio using the Annaly MBS Barbell Strategy. This strategy employs a combination of adjustable, floating and fixed-rate mortgage backed securities so that it can perform well throughout a variety of interest rate environments. All of FIDAC's securities are classified as available for sale; therefore, the entire portfolio is recorded at market value determined by the average price as determined by three independent sources. All of the securities are guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae which carry actual or implied AAA ratings and have virtually zero credit risk exposure. FIDAC has not needed to introduce credit risk into their portfolio to achieve favorable returns. All their assets can be easily priced and traded in the MBS market, so book value fairly approximates liquidation value. FIDAC uses the repurchase markets to finance the acquisition of their investments. They employ other strategies to manage risks associated with leverage including (1) leveraging only liquid assets that are easily priced and have well-defined active markets (2) utilizing self-imposed limits on the amount borrowed from any one lender (3) diversifying counterparty risk by maintaining credit relationships and open financing lines with many high quality lenders and (4) maintaining optimal levels of leverage to protect against margin calls. Chimera Investment Corp. is a specialty finance REIT that invests in residential mortgage loans, real estate-related securities and various other asset classes. CreXus Investment Corp. is a REIT that acquires, manages and finances commercial mortgage debt.	Finance
Princeton University Princeton University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Grant's Financial Publishing, Inc. Grant's Financial Publishing, Inc. Publishing: Books/MagazinesConsumer Services Publishes financial articles	Consumer Services