Mr. Mu serves as portfolio manager of Penn Mutual Asset Management. In this role, Hong leads quantitative research and hedging strategies. In addition, he is responsible for managing the analytics infrastructure. Prior to rejoining Penn Mutual Asset Management, Hong was vice president, insurance solutions for BlackRock. In this capacity, Hong designed industry-leading insurance asset allocation and risk management frameworks with insurance-specific considerations. He also led complex enterprise-level focused asset allocation and asset-liability management (ALM) client engagements for a broad spectrum of asset classes to help inform clients’ optimal investment strategy. From 2017 to 2021,