Investing, as it is practiced by professionals today, is an elaborate and sophisticated process that relies on multiple inputs. These include analysis of the macroeconomic, geopolitical and market environments; assessments of how these impact asset classes and individual securities; decisions on what asset classes and securities to have in portfolios, and in what proportions; and evaluation of portfolio performance. The process has become a lot more effective and robust through advances in financial analytics. This talk will discuss how statistics, time series analysis, optimization, simulation, stochastic calculus and other methodologies are used in the investing profession.
Presenter: Prof. Emmanuel Hatzakis
Dr. Hatzakis is the director of the Finance and Financial Engineering graduate programs at Stevens. He joined the faculty after a 20-year career in financial services, most recently as a senior strategist at Bank of America’s Chief Investment Office, and earlier in a variety of roles at UBS, Goldman Sachs and Merrill Lynch.