ARR - ARMOUR Residential REIT Inc. Names Sergey Losyev and Desmond Macauley as Co-Chief Investment Officers | Benzinga
VERO BEACH, Florida, March 18, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the promotions of Sergey Losyev and Desmond Macauley to Co-Chief Investment Officers (CIO), effective March 18, 2024. Mr. Macauley will also serve as ARMOUR's Head of Risk Management. Mr. Losyev and Mr. Macauley succeed Mark Gruber, who stepped down.
Mr. Losyev joined ARMOUR in 2016 and has served as Deputy Chief Investment Officer since January 2020. Prior to ARMOUR, he served as an Agency MBS Portfolio Analyst at Deutsche Asset Management, co-managing more than $25 billion of Agency MBS assets from 2009 to 2016. Earlier in his career, Mr. Losyev was a financial programmer at Zebra Capital Management LLC. He has an MBA from the Johnson School of Management at Cornell University and a B.S. in computer science from the University of Connecticut and is a CFA charterholder.
Mr. Macauley has served as the Director of Investment Strategies at ARMOUR since May 2013. He has 25 years of experience in the mortgage-backed securities market ...