Dr. Richard Michaud, New Frontier’s President and Chief Executive Officer, will open the workshop with an introductory lecture on Michaud Optimization and Michaud-Esch Rebalancing, discussing his groundbreaking research published originally by Harvard Business School Press (1998) and Oxford University Press (2008) in Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation, which ultimately led to four U.S. patents in optimization and rebalancing. Robert Michaud, New Frontier’s Chief Investment Officer, Chief Technology Officer, co-author of Efficient Asset Management, and co-holder of the four patents, will then lead both lecture and practical application sessions in an interactive classroom setting.
This one-day seminar will address topics ranging from fund selection, risk and return estimation and portfolio optimization and construction, to portfolio monitoring and rebalancing and effective trading.
Attendees will learn how to:
Techniques demonstrated will include:
Application of these methods will be illustrated using a variety of real-world examples in live work-flow demonstrations. The case studies will be presented using New Frontier’s software for creating capital market expectations, portfolio optimization, and rebalancing and trading.
Who Should Attend
The event may be of interest to current and future investment professionals looking to deepen their understanding of asset allocation and stay up-to-date on the latest technological developments in the field.
This workshop is intended for investment professionals with an interest in asset allocation. Familiarity with asset allocation and Markowitz Mean-Variance optimization will be assumed in the workshop. Sophisticated statistical concepts will be discussed, but no formal knowledge of statistics is required. The rigor will approximate that of a CFA or MBA level class.
The workshop will be eligible for five CE credits through CFA Society Boston. Additionally, Investments & Wealth Institute® has accepted the Asset Allocation Workshop for five hours of CE credit towards the CIMA®, CPWA®, CIMC®, and RMA® certifications.
Each participant will receive a complimentary copy of Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation (Harvard 1998, 2nd ed. Oxford 2008).
Class size is limited.
Please contact Pauline Hickey with any questions.