Ming Shao

Mr. Ming Shao, CFA, is a Director of Fixed Income Investments at DuPont Capital Management Corp.
He is responsible for managing the High Yield and Distressed Debt strategies.
He joined DuPont Capital as the Portfolio Manager of mortgage backed securities in March 1992, implemented the firm’s distressed emerging markets portfolio in 1998, and broadened the firm’s overall exposure in High Yield and U.S.
Distressed securities beginning in 2002.
Prior to joining DuPont Capital, Mr. Shao was Portfolio Manager of Mortgages at Carillon Advisors and a Research Analyst at Union Central Life Insurance Company.
He joined the financial services industry in 1987.
He holds a B.S.
in Electrical Engineering and Computer Science from National Taiwan University in Taipei, Taiwan; an M.S.
in Industrial Engineering and Operations Research from the University of Rhode Island; and an M.S.
in Managerial Economics and Decision Sciences from Northwestern University.
He is also a CFA charterholder.