Stay competitive as the landscape of investment products continues to evolve. Machine learning algorithms are being applied in novel ways. For example, replication and tracking software solutions can help you lower fees and risk, while increasing returns and maintaining other portfolio characteristics and client goals.
Also, new ESG -aligned products are necessary for sustainable development. Simply avoiding poor performers will not be enough.
See a recent paper on the tracking the endowment model here.
Our services grew out of teaching and research in finance at the Ph.D. level. Spreading financial literacy is a noble goal, and education is at the heart of everything we do.
Our most recent and exciting involvement is with the FDP Institute which launched in 2019.
Starting in 2017, we had been working with Wiley Efficient Learning on a CAIA test prep platform. We are currently working on the newly revised CAIA curriculum for the September 2020 Level I exam and March 2021 Level II exam. The educational support can be accessed here.
We're a group of researchers and educators with decades of experience working with financial and now alternative data with traditional and alternative investment models.
Investment professionals furthering their credentials (e.g., CAIA, FDP) and those individuals seeking to stay abreast of industry developments will find our blog interesting. We are focused on data science applications, particularly for ESG investing decisions. Learn more about us.
Kathryn Wilkens, Ph.D., CAIA, is a curriculum advisor to the Financial Data Professional Institute. Her other professional activities include copy editing for the Journal of Alternative Investments, regularly contributing to Practical Applications, and providing subject matter expertise for Wiley's Efficient Learning Platform (Chartered Alternative Investment Analyst exams). She is also a widely published research associate with the Center for International Securities and Derivatives Markets at the University of Massachusetts at Amherst.
Kathryn is the president and founder of Pearl Quest LLC, providing a host of research, operational and educational consulting services in the areas of investments and data science since 2011.
Stuart McCrary, CAIA, is a trader and portfolio manager who specializes in traditional and alternative investments, quantitative valuation, risk management, and financial software. Before joining BRG, he spent thirteen years consulting on a wide range of capital markets issues including litigation consulting, valuation, modeling, and risk management. Previously, he was president of Frontier Asset Management, a market-neutral hedge fund. He held positions with Fenchurch Capital Management as senior options trader and CS First Boston as vice president and market maker, where he traded OTC options and mortgage-backed securities. Prior to that, he was a vice president with the Securities Groups and a portfolio manager with Comerica Bank.
Mr. McCrary is the author of several books, including How to Create and Manage a Hedge Fund: A Professional’s Guide (John Wiley & Sons, 2002).
Urbi Garay has a PhD in finance from the University of Massachusetts, Amherst, and holds an MA in International and development economics from Yale University and a BA in economics from Universidad Católica Andrés Bello. He is a full professor of finance at IESA Business School and a chaired member of the Venezuelan Academy of Economic Sciences. He has been a visiting professor at several business schools in the United States, Latin America, and Europe; and has been involved with CAIA since 2008. His research focus is on alternative investments (mainly real estate, hedge funds, and art) and emerging markets.
Mr. Garay is the author of the real estate and structured products chapters of CAIA's Alternative Investments Level II book, as well as the Workbook, Level II. He has published seven books and more than 30 articles in peer reviewed finance and business journals, including the Journal of Alternative Investments, Emerging Markets Review, Corporate Governance: An International Review, and the Journal of Business Research.
Alternative Data Insights