Title: Discovering PHI & the Folklore of Finance
The models for success in the investment management industry are broken. That may seem surprising given that global assets under management, net revenues and profit margins have all risen as the global economy has stabilized in the wake of the recent financial crisis. Indeed, the industry continues to be ranked among the most profitable. But just because the industry is profitable, doesn’t mean it’s successful.
Join CFA Society Oklahoma on 11/9 for a presentation by Dr. Kastrapeli of State Street Center for Applied Research as she discusses her recent research on this topic. New behaviors lead to new beliefs and, over time, a new Folklore of Finance will and must arise. True success depends upon it.
Speaker: Dr. Mirtha D. Kastrapeli, Vice President & Global Head of Research at State Street Center for Applied Research
Speaker Bio: Dr. Kastrapeli joined the Center for Applied Research as Senior Research Analyst in July 2014, and has worked on different research projects, including their most recent white paper ‘The Folklore of Finance; How Beliefs and Behaviors Sabotage Success in the Investment Management Industry’. She has presented the findings of this study at dozens of conferences and client events globally
Dr. Kastrapeli has over 12 years of experience in the private and public sector, analyzing capital markets and helping shape public policy. She spent six years as a Global Macro Strategist at State Street Global Markets in Boston where she presented at their annual Research Retreat and at their Central Bank and Official Institutions Conference. In the public sector, she has served as an advisor to the Secretary General of the Ministry of Economics in Nicaragua. Previously she also worked at the Economic and Commercial Office of the US Embassy in Managua.