Induction Speech for Wayne D. Lisky

Inducted November, 1998

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.

He is currently Chairman and Chief Investment Officer of Alliance Capital’s Fixed Income division, which has over $100 billion in assets including $1 billion in the emerging funds. The division’s net income is a quarter of a billion dollars and employs 140 people, about half of whom are involved in research. The division invests in all major markets around the world. Lisky also manages institutional accounts and mutual funds in both the domestic and non-dollar areas.

Aside from his professional endeavors, Lisky sponsors an annual golf tournament with the employees of Alliance. His ambitious, competitive, and high-spirited nature is very apparent at these tournaments.