Vice President, Investments & Multi-Asset Strategies
Ela Karahasanoglu is Vice President, Investments & Multi-Asset Strategies at Investment Management Corporation of Ontario (IMCO), an entity established recently by the Ontario government to manage the assets of Ontario based plans. IMCO currently oversees c.$60bn of assets across its first two clients, Ontario Pension Board (OPB) and Workplace Safety and Insurance Board (WSIB). Ela oversees the investment team managing WSIB’s c.$30bn portfolio. She is also the Portfolio Manager (PM) of Multi-Asset Strategies, representing $7.5bn of the same portfolio, comprising risk parity, hedge funds and active currency mandates.
Prior to the transition of the management of WSIB’s assets and investment team to IMCO in July 2017, Ela had a similar role at WSIB.
Prior to joining WSIB in 2016, Ela was the Vice President & Institutional PM of Currency and Asset Allocation team at CIBC Asset Management, responsible for currency management, asset allocation, and absolute return strategies. Before that, Ela was a Principal and Senior Manager Research Consultant in the Alternatives team within Mercer, covering a broad set of hedge fund strategies, including currency, managed futures, commodities, global macro, multi-strategy and multi-asset strategies among other absolute return strategies.
Ela was previously the Head of Research and Trading for six years at a New York-based quantitative hedge fund and prior to that worked in the areas of credit derivatives and asset management at Merrill Lynch, New York. Ela started out her career as a currency and bond trader in Turkey. She also worked in Germany as a liaison between the European Union and the Turkish Ministry of Finance. Ela has 20 years experience in the investment industry with over 12 years dedicated to research, trading and portfolio management in the hedge fund and absolute return space.
Ela holds a Master of Business Administration from Georgetown University. She has been a CFA charterholder since 2002 and a CAIA charterholder since 2010.