President's Distinguished Lecture Series

ABSTRACT: Over the last decade or so, the financial industry has made much greater use of quantitative tools and technology in investment management and trading. While these tools can be extremely helpful, they also have their limitations. This talk will focus on the art and science of using such tools in investment management and show that we cannot rely exclusively on art or on science; it is the blend of the two that results in a more optimal investment process. Examples will include the use of valuation metrics to overweight or underweight equities, the use of robust optimization to allocate assets given uncertainty and limited data series, and dealing with tail risks in tactical asset allocation as in the case of the European sovereign debt crisis or the recent volatility in local Chinese equities. The talk will also touch upon the role of art and science in the inconclusive debate on active versus passive management.

BIOGRAPHY: Sharmin Mossavar-Rahmani is chief investment officer of the Private Wealth Management Group (PWM). She is responsible for overall strategic asset allocation and tactical investment strategy within PWM. Mossavar-Rahmani joined Goldman Sachs as a partner in 1993. Prior to joining the firm, Mossavar-Rahmani worked at Fidelity Management Trust Company, where she was chief investment officer for all separate and comingled fixed income accounts.

Mossavar-Rahmani is a member of the Board of Trustees and the Investment Committee of New York-Presbyterian Hospital and Harvard University Committee on University Resources. She is also vice president of the Board of Trustees, chair of the Investment Committee and member of the Audit and Finance Committee of Trinity School. Mossavar-Rahmani has published two books, one on bond indexing and the other on OPEC natural gas, as well as numerous articles on portfolio management issues.

Past Lectures:

Dr. Harold Varmus - Nobel Laureate and Director of the National Cancer Institute
Transitions in Cancer Research
Thursday, February 12, 2015 at 4:00 p.m.
DeBaun Auditorium
Stevens Institute of Technology

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Lecture Summary: Genomics and Precision Medicine Are Shaping the Future of Cancer Care

 

Dr. Craig Barrett - Retired CEO and Chairman of Intel
Economic Competitiveness in the 21st Century
Wednesday, April 23, 2014 at 4:00 p.m.
DeBaun Auditorium
Stevens Institute of Technology

View Video >
View PDF Transcript >

Press Release: The President’s Distinguished Lecture Series at Stevens Institute of Technology Welcomes Dr. Craig Barrett to Examine America’s Challenges for Economic Growth in the 21st Century

Lecture Summary: Is America Ready? Investment Levels in Education and Research Raise Questions About U.S. Economic Competitiveness


 

Dr. John Deutch - Institute Professor at the Massachusetts Institute of Technology
Challenges and Opportunities of Unconventional Oil and Gas Production 
Wednesday, October 30, 2013 at 4:00 p.m.
DeBaun Auditorium
Stevens Institute of Technology

View Video >
View PDF Transcript >

Press Release: The President’s Distinguished Lecture Series at Stevens Institute of Technology to Explore the Challenges and Opportunities of Unconventional Oil and Gas Production

Lecture Summary: A Rock and a Hard Place: Stevens Institute of Technology Lecture Examines U.S. Revolution in Unconventional Oil and Gas Production

 

Dr. John Holdren - Assistant to President Obama for Science and Technology
Science and Technology Policy in the Obama Administration: A Progress Report 
Wednesday, May 8, 2013 at 4:00 p.m.
DeBaun Auditorium
Stevens Institute of Technology

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Press Release: Dr. John P. Holdren, Director of the White House Office of Science and Technology Policy, Headlines President’s Distinguished Lecture Series

Lecture Summary: Restoring Science to Its Rightful Place: Senior Presidential Advisor Reports on Science and Technology Policy in the Obama Administration

 

Norman Augustine - Former Chairman & Chief Executive Officer of Lockheed Martin
Emerging Technology and its Broad Implications
Wednesday, October 24, 2012 at 3:00 p.m.
DeBaun Auditorium
Stevens Institute of Technology

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Press Release: Stevens Announces Norman Augustine as the Inaugural Speaker in the President’s Distinguished Lecture Series

Lecture Summary: Former CEO of Lockheed Martin Kicks Off Stevens’ President’s Distinguished Lecture Series

 

Event Details 

Date:
Wednesday, October 7, 2015

Time:
4:00 PM

Location:
DeBaun Auditorium
Stevens Institute of Technology

Attendance:
This event is open to all Stevens students, faculty, staff and invited guests.