About
H. Edward Barnicle is a Vice President and Portfolio Manager at PMA Asset Management in Chicago, Illinois. He is responsible for managing assigned cash and fixed income investment mandates, with a focus on public sector portfolios that require capital preservation, liquidity, and compliance with governmental investment guidelines. His primary expertise lies in managing portfolios for municipalities, public funds, and other institutional clients, specializing in high-quality fixed income assets such as government securities, municipal bonds, and short-term investment instruments.
Barnicle began his tenure at PMA in 2016 and has held progressively senior roles, including Associate Portfolio Manager and Assistant Vice President for Credit Risk Management. In these positions, he provided credit research, due diligence, and risk oversight—enhancing the firm’s disciplined process in credit selection and monitoring for public sector clients.
He holds a Master of Business Administration from DePaul University's Charles H. Kellstadt Graduate School of Business and a Bachelor of Science from Indiana University's Kelley School of Business. Barnicle is recognized for his expertise in portfolio construction for the public sector and his commitment to risk management and credit research within the fixed income landscape.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| PMA | Portfolio Manager | Jan 2022 to Present | — |
| PMA | Associate Portfolio Manager | Jan 2020 to Dec 2021 | — |
| PMA Financial Network, LLC | AVP Credit Risk Management | Jan 2018 to Dec 2019 | — |
| PMA Financial Network, LLC | Senior Financial Analyst - Municipals | Jan 2016 to Dec 2017 | — |
| Chapman and Cutler LLP | Manager - Arbitrage Rebate | Jan 1997 to Dec 2015 | — |
| Chapman and Cutler LLP | Senior Financial Analyst - Arbitrage Rebate | Jan 1995 to Jan 1997 | — |
| Chapman and Cutler LLP | Financial Analyst - Arbitrage Rebate | Jan 1992 to Jan 1995 | — |
Education
DePaul University - Charles H. Kellstadt Graduate School of Business
Master of Business Administration (M.B.A.)
1994 — 1996
Indiana University - Kelley School of Business
Bachelor of Science (B.S.)
1988 — 1992
Skills & Expertise
Others at Prudent Man Advisors, LLC (10)
| Name | Role | Location |
|---|---|---|
B Brett Copeland | Portfolio Manager | Chicago, IL , United States |
J Jacob Fitzpatrick | Portfolio Manager | Saint Paul, MN , United States |
| Senior Quantitative Analyst, Public Finance | Chicago, IL , United States | |
| Portfolio Manager | Saint Paul, MN , United States | |
T Tim Palmer | Senior Portfolio Manager | Minneapolis, MN , United States |
| Quantitative Analyst | Naperville, IL , United States | |
C Cedric Buermann | Quantitative Equity Portfolio Manager | Minneapolis, MN , United States |
J Jacob Correll | VP, Portfolio Manager | Mesa, AZ , United States |
J John Huber | Chief Investment Officer | Minneapolis, MN , United States |
| Quantitative Analyst | United States |