1998 Hall of Fame
WAYNE D. LISKY
Induction Speech for Wayne D. Lisky
On November 12, 1998, FIASI inducted H. Russell Fraser and Wayne D. Lisky into its Hall of Fame. The award recognizes lifetime contributions to the understanding of fixed income instruments. Margaret M. Cannella presented Wayne D. Lisky, CIO of Alliance Fixed Income Investors, with FIASI’s Hall of Fame award. A synopsis of her comments follows.
Wayne Lisky began his career at J.P. Morgan. During his 11 years there, he was responsible for the money market research and asset/liability departments. He analyzed trends in monetary and fiscal policies to guide the bank’s bond and currency investment activities. He joined Alliance Fixed Income Investors in 1983.
H. RUSSELL FRASER
Induction Speech for H. Russell Fraser
On November 12, 1998, FIASI inducted H. Russell Fraser and Wayne D. Lisky into its Hall of Fame. The award recognizes lifetime contributions to the understanding of fixed income instruments. President Larry Taylor presented H. Russell Fraser with the award. A synopsis of Mr. Taylor’s remarks follows.
Russ Fraser began his career in 1963 on the buy-side at Philadelphia Life Insurance Company. In 1967, he moved to Standard & Poor’s where he developed the process for rating corporate bonds. His duties included managing corporate debt ratings and supervising the agency’s research and analysis of corporate bonds. In 1975, he moved to Paine Webber where he did credit research for the sell-side. There, he was a member of the board of directors and headed the company’s corporate bond products trading and sales activities. In 1980, he went to AMBAC, America’s oldest municipal bond insurer.