About Us2019-05-21T13:38:34+01:00


The three founders of Resco are David Ric, Alex Eventon and Scott Schuberg. Resco is a lot easier than saying Ric Eventon Schuberg & Co, and thus Resco was a name we decided would concisely state that the three of us are part of the brand and we are here to stay.

Our story began in the mid-2000s when we worked at the London office of Fischer Francis Trees & Watts, which was a $25bn+ US head-quartered fixed income manager that is now a part of BNP Paribas. Fischer was a fantastic place to work. Its staff members were smart, hard-working and ambitious; its competitors were imposing and aggressive; and its clients were of a calibre that demanded exceedingly high levels of customer service – sovereign wealth funds, large family offices, pension funds and the like.

We went our separate ways for over a decade and you can read more about that below in our bios, but we remained great friends and market peers, exchanging views throughout the changing global economic landscape between 2006 and 2018. In various ways, we all found ourselves a part of a brand or value system that was inherited. We had not been the architects of these brands and the organisations were so mature that redefining them would be impracticable.

As a result, we created Resco Asset Management Limited to be the brand that we would want to work with if we were clients or team members. Resco is a fixed income manager that caters to those family offices, institutions, wealthy individuals and fund of funds managers that are looking to bring on a nimble, absolute return manager with access to a set of unconstrained global investment strategies.

Resco is based in London in order to access the best resources and counter parties available to a fixed income manager, and the Resco Macro Credit Fund is its first solution for investors, and you can learn more about that by clicking here.

As we grow we will be sharing our story and our views, and we encourage you to get involved by clicking here to get in touch – we’ll happily add you to our regular newsletter.

Thank you for taking the time to visit. 

– Scott Schuberg, CEO

Meet The Three Co-Founders of Resco

David Ric MSc, MBA, CFA
David Ric MSc, MBA, CFACo-Founder, Portfolio Manager
During his 16 years of funds management experience, David held lead PM roles at BNP Paribas, UBS, BlackRock and Amundi in London. At any given time, David manages a narrow group of core global macro themes alongside tactical rates and FX positioning for Resco.
Alex Eventon BSc
Alex Eventon BScCo-Founder, Portfolio Manager
During his 14 years of funds management experience, Alex held lead PM roles at BNP Paribas, Lombard Odier and Oddo Asset Management in London, Paris and Geneva. Alex focuses on his concentrated portfolio of absolute return credit opportunities across the full quality spectrum of global corporates.
Scott Schuberg
Scott SchubergCo-Founder, General Manager
During his 19 years of financial services experience, Scott held CEO/MD roles at Rivkin in Sydney, and research roles at BNP Paribas and Henderson in London. Scott brings the operational experience required to manage and grow the business, ensuring Alex and David remain focused on managing the investment strategy.

The Resco Advisory Board

In order to add a layer of corporate leadership, experience and oversight to the business that is detached from the day-to-day management of assets and operations, Resco created its advisory board in 2019. Attracting a high calibre of leaders to the Advisory Board pushes the Resco management team to meet the challenge of maintaining an institutional level of quality while developing its brand and operation. If you feel you might be of great assistance to Resco and its global ambitions, please email advisoryboard@rescoam.com for a confidential overview of what the position will entail.

Kevin Corrigan, FCCA, B.A. (Hons)
Kevin Corrigan, FCCA, B.A. (Hons)Advisory Board Member
Kevin brings 34 years of asset management experience to Resco, having held director-level and CIO roles at Fischer Francis Trees & Watts, Goldman Sachs Asset Management, Lombard Odier and Sandaire in London. As the founding Advisory Board Member, Kevin employs his experience and network to assist in Resco’s growth and development of the business.
Legal and corporate governance thought-leader
Legal and corporate governance thought-leaderAdvisory Board Member Two
As Resco expands its reach and resources, so too will its requirements to ensure our institutional qualities are not compromised as a result of growth. While remaining open to all candidates who can assist us in carrying out our vision to ‘create a more prosperous world,’ those with global asset management legal and governance experience are desirable.
Global sales and marketing thought-leader
Global sales and marketing thought-leaderAdvisory Board Member Three
Resco aims to be recognised globally for its specialisation in absolute return fixed income investment management. While remaining open to all candidates who can assist us in carrying out our vision to ‘create a more prosperous world,’ those with global asset management sales and marketing experience are desirable.


Resco adopts principles and responsibilities that will help it influence, and be influenced by, the global Responsible Investment movement. There is no definitive framework that guides Responsible Investment, and to this extent we lay out, first, the external considerations that guide our investment management behaviour and, second, the internal considerations that guide our behavior as a corporation.

As Resco and its resources grow, the team will look for new ways to grow its influence and scope of implementation. As such, we encourage you to come back and visit this page often.

External Considerations

Corporate Bond Selection: With very few exceptions, corporate bonds that Resco invests in include Environmental, Social & Governance (ESG) data derived from sources including Bloomberg’s ESG Dashboard and ESG Performance Scorecard. In comparing its ESG performance, the corporate bond segments of Resco’s portfolios presently reference the commensurate blend of the Bloomberg Barclays Global Aggregate Corporate Index and the Bloomberg Barclays Global High Yield Index, depending upon the makeup of Investment Grade and High Yield corporate bonds in the portfolio.

Non-Corporate Instrument Selection: While the ties between sovereign interest rates and currencies and their underlying relationship with ESG criteria are more subjective than those of corporate issuers of equity and debt, we can take into account the distribution of wealth (via metrics like GDP per capita), the levels of corruption present (via metrics like the Corruptions Perception Index) as well as civil and political rights as we form biases toward those countries that promote fairness and democracy.

Portfolio-level ESG Budget: Resco uses an ESG budgeting process that assists it in fulfilling its mandate as an absolute return manager without affecting its cumulative impact with regard to ESG. Resco’s portfolio managers aim to create ESG budget surpluses that can offset, for example, a non-rated issuer that doesn’t report on its ESG impact.

Counter Party Selection: While the flow of responsible investments into financial instruments used in investment management is the primary focus of most Responsible Investment policies, we also extend this to counter parties where either Resco or its funds are responsible for expenses incurred in the process of investment management. Where permitted, we reward those counter parties by showcasing their ESG & Responsible Investment commitments on our website.

Internal Considerations

Corporate Structure & Transparency: Resco was incorporated as a Limited Company in the United Kingdom, where its founders clearly identified the virtues of a fair and open system of corporate taxation, individual taxation and national welfare. While alternatives structures for tax minimisation were available to the founders, such advise was overlooked on the basis of common sense and fairness. 100% of Resco’s net income is directed to and taxed by those jurisdictions where its operating expenses are incurred to derive that income. Presently 100% of Resco’s income is realised in the United Kingdom.

Corporate Earnings: Resco observes that deviations from ‘normal’ corporate earnings margins are what tend to create generally-negative and non-client-centric perceptions of the asset management industry, and seeks to limit excessive profits first by employing capital to grow the health of its corporate culture and second by giving back to clients, the community and employees if what it terms ‘super profit’ cycles are experienced. A pre-tax earnings margin of 15% is targeted while a hard limit of 25% will trigger action points that will bring our average earnings margins back to target.

Environmental Impact: At this point in Resco’s growth phase, it utilises practical measures by working in a space that employs smart energy efficiency techniques and offsets its carbon using UK metric tonnage per capita guidance, as published by the World Bank.

Giving: Resco will consistently give to organisation that direct their expertise and resources to endeavours that bring fairness to an otherwise unfair world. Regardless of Resco’s capacity to donate its time and money to these endeavours, it will do so consistently and use its communications channels to help raise awareness of those who are doing a great job of helping others. You will find those beneficiaries of Resco’s donations in its monthly newsletter.

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