About
Felix Moy is Vice President - Trading at First Pacific Advisors (FPA) in Los Angeles, where he has served since 2019. In this capacity, he is responsible for trading across FPA’s fixed income strategies, focusing on high-yield bonds, bank loans, agency mortgage-backed securities (MBS), and non-agency residential mortgage-backed securities (RMBS). His role is integral in executing trades for key funds such as FPA New Income and FPA Flexible Fixed Income, navigating a range of securitized credit and corporate bond markets.
Before joining FPA, Felix was Vice President - Trading at Loomis, Sayles & Company, specializing in agency MBS and non-agency RMBS sectors, and previously served as Managing Director at Mesirow Financial. Earlier in his career, he gained experience as a structured products analyst and later as Associate Director within the Mortgage and Structured Products sales and trading group at Bear Stearns, establishing his expertise in securitized assets and fixed income markets.
Felix holds a Bachelor of Science from the University of Virginia’s McIntire School of Commerce, with concentrations in Finance and Accounting. Recognized for his technical depth in structured credit, mortgage-backed securities, and fixed income trading, Felix has contributed significantly to the efficient execution and risk management of institutional investment portfolios within the asset management industry.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| FPA (First Pacific Advisors) | Vice President - Trading | May 2019 to Present | Trade HY and bank loan products for the AFI portfolios. Analyze and trade structured products including CMBS, CLO, RMBS and MBS asset classes. |
| Loomis, Sayles & Company | Vice President - Trading | Apr 2010 to Mar 2019 | Traded all non-agency RMBS products (legacy and new issue), European RMBS across all sovereigns, and Agency MBS specified pool and CMO asset classes. |
| Mesirow Financial | Managing Director | Aug 2009 to Apr 2010 | Structured products sales focused on non-agency RMBS, CMBS, ABS and Agency MBS (derivative) products. |
| Guggenheim Partners | Vice President | Aug 2008 to Aug 2009 | Structured product sales/trading focusing on non-agency RMBS |
| Bear Stearns & Co. | Associate Director | Dec 2004 to Jun 2008 | Mortgage and Structured products sales/trading, focusing on non-agency RMBS, agency MBS, CMBS and CLO products |
| Bear Stearns & Co. | Analyst | Jun 2003 to Dec 2004 | Financial Analytics and Structured Transactions (FAST) analyst responsible for structuring and reverse engineering non-agency RMBS deals (primary and secondary issues). |
Education
University of Virginia
Bachelor of Science (B.S.), Mcintire School of Commerce
1999 — 2003
Skills & Expertise
Others at First Pacific Advisors, LP (18)
| Name | Role | Location |
|---|---|---|
B Byron Sun | Investment Analyst | New York, NY , United States |
 | Head Of Trading | Los Angeles, CA , United States |
 | Vice President, Senior Analyst | Los Angeles, CA , United States |
J Joe Choi | Investment Analyst | Los Angeles, CA , United States |
 | Investment Analyst | Los Angeles, CA , United States |
 | Partner | Los Angeles, CA , United States |
 | Vice President, analyst | Los Angeles, CA , United States |
 | Vice President Trading Desk Analyst | Los Angeles, CA , United States |
A Abhi Patwardhan | Portfolio Manager | Los Angeles, CA , United States |
A Andrew Hemingway | Vice President - Analyst | CA , United States |