Mr. Rulle is the founder of MSR Investments LLC that began as a proprietary trading firm and is now expanding to become a Commodity Trading Advisor. He developed the firm’s overall investment philosophy and is the lead contributor to the firm’s Quantitative Directional Trading Strategy.
Mr. Rulle has worked in the financial services industry for 30 years. He created and ran the derivatives business at Lehman Brothers in the 1980’s and rose to become a member of the Executive Committee until his departure in 1994. He became CEO of CIBC World Markets Inc.---CIBC’s US Investment Bank---where he was primarily responsible for global derivatives, securitization and the US loan businesses. In 1999, he left CIBC to become President and CIO of Hamilton Partners, the internal “hedge fund” for the Bermuda reinsurance company, Stockton Inc.
In February 2002, he became President of hedge fund manager Graham Capital Management. Mr. Rulle chaired the Investment and Risk Committee and was also directly responsible for the Firm’s portfolio managers. As part of the senior management team, he also worked closely with the firm’s quantitative research group. He left Graham in late 2007 to form MSR Investments.
Mr. Rulle has his B,A. from Hobart and William Smith, an M.A. from William and Mary in Political Philosophy and also an MBA from the Columbia Business School where he graduated first in his class. He has taught finance as an adjunct Professor at the Columbia Business School and has published articles in a variety of texts.