Matthew D. Hedges

Mr. Matthew D.
Hedges, CFA MBA, is a Director of Research at Benchmark Plus Management LLC.
He has over 17 years of experience as a trader and portfolio manager in the fixed income and derivatives markets.
Mr. Hedges began his career in the trading pits of the Chicago Board of Trade as an option market maker.
After a brief stint in the agricultural options markets, he was assigned to initiate his firm’s entrance into the Treasury options markets where he led a team in building the market making and risk management operation in the interest rate quadrant.
He later joined a firm arbitraging S&P 500 Options between the CBOE and CME contracts.
Following business school, Matthew served as Deputy Director at the State of Tennessee’s Consolidated Retired System where he and his team oversaw $14 billion in fixed income and derivative assets.
During his six years with TCRS he conducted trading, research, and asset allocation across fixed income and currencies.
As part of his efforts to enhance the fixed income product group, he initiated and helped to build an interest rate derivative overlay program used to adjust interest rate and spread duration profiles and to hedge downside risks.
He holds an MBA from Vanderbilt University and a BA in Economics from Oregon State University.
He earned his Chartered Financial Analyst designation in 2006 and CAIA in 2014.