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Karlis R. Ulmanis manages fixed income sector weight strategies and mortgage portfolios. Mr. Ulmanis is responsible for development, implementation and execution of mortgage and corporate investment strategies and for fixed income sector allocation strategies. Prior to joining DCM in 1997, he served as Vice President and Manager of Quantitative Research at Fidelity Federal Bank, Vice President and Senior Investment Analyst at First Interstate Bancorp. Before beginning work in the financial services industry in 1993, he served as Senior Project Engineer for Hughes Aircraft Company. Mr. Ulmanis is a member of the CFA Society of Philadelphia, and a member of the CFA Institute. He holds a B.S. in Mechanical Engineering from the University of Illinois, an M.S. in Aerospace Engineering from the University of California, and an M.B.A. from the University of Southern California. He is also a CFA charterholder.