Joan A. Payden, CFA, president and CEO of global investment management firm Payden & Rygel, who in 1983 left the partnership of a large investment firm to found Payden & Rygel, is a trailblazer in the field of investment management. Since her firm’s creation 21 years ago, she has overseen its international expansion and its growth to more than $50 billion in assets under management. Payden & Rygel was named “U.S. Bond Manager of the Year” based on its investment excellence in 2003 by Global Investor Magazine.
In 1992, Payden’s firm created Payden & Rygel Investment Group, a family of mutual funds, of which she is chairman and chief executive officer. Subsequently many of these strategies were duplicated in offshore funds domiciled in Ireland. In 1998 Payden & Rygel Global Ltd. was founded in London. At the same time, the firm established Metzler/Payden LLC, its joint venture with Metzler Bank, Germany’s oldest private bank. Payden is also a member of the Payden & Rygel Investment Policy Committee and serves as chairman of the board.
Prior to founding Payden & Rygel, Payden was managing director of West Coast operations for Scudder, Stevens & Clark, where she rose through the ranks to become the first woman partner of the firm. She currently serves on the Board of Visitors of UCLA Anderson School of Management and is a trustee of the University of Southern California and Loyola Marymount University. Payden is also a member of the board of directors of the John Tracy Clinic, the California Chamber of Commerce, the Amateur Athletic Association and the Natural History Museum of Los Angeles. She is past chairman of the Investment Counsel Association of America.
Payden, who holds the Chartered Financial Analyst (CFA) designation, is a graduate of the Advanced Management Program at Harvard Business School. She earned a bachelor’s degree in mathematics and physics from Trinity College (Washington, D.C.), which last year bestowed upon her an honorary doctor of letters degree.
The Joan Payden Library
On January 27th, the new St. Genevieve Parish schools’ library opened to the “wows” and “aaaahs” of parents and students alike. Ms. Beth Nimmo, author and mother of Rachel Scott, the first student killed in the 1999 Columbine High School tragedy, did the honors by cutting the ribbon on what can only be described and the most beautiful high school media center/reading/research facility in any school in southern California.
The new library houses both the high school and the elementary school book collections and provides a commodious and very welcoming environment to young learners. The 45 desktop and laptop state-of-the-art computers offer students opportunities to do research, edit video and take on-line high school and college courses. The well-lit, open-air environment and accessibility of the shelves makes finding books quick and simple. Small study areas along the beautiful new atrium windows provide natural light and quiet places where students can work undisturbed.
St. Genevieve Elementary School students are particular beneficiaries of this new facility as they now have a library in which entire classes can be taught and youngsters can undertake age-appropriate reading and research learning projects.
The new St. Genevieve Parish schools’ library is one of several joint high school-elementary school undertakings which promises to enhance the quality of education available to all students enrolled in Parish schools.