Speaker Lunch with Michael Green, CFA, Portfolio Manager, Chief Strategist at Simplify

When:  Apr 4, 2024 from 12:00 PM to 01:00 PM (ET)
Associated with  CFA Society Virginia

The Greatest Story Ever Sold: The Impact of Passive Investment on Markets

Michael Green's research on the impact of passive investment on markets has been presented to the FED, BIS, and IMF. In this presentation Mike discusses how passive investing has:

Increased correlations between securities

Increased valuations regardless of fundamental

Reduced market elasticity, raising the risks of extraordinary price movements

Increased market concentration and

Has reduced the ability for new companies to become public

Michael Green

Michael has been a student of markets and market structure, for nearly 30 years. His proprietary research into the shift from actively managed portfolios and investment funds to systematic passive investment strategies has been presented to the Federal Reserve, the BIS, the IMF and numerous other industry groups and associations.

Michael joined Simplify in April 2021 after serving as Chief Strategist and Portfolio Manager for Logica Capital Advisers, LLC. Prior to Logica, Michael managed macro strategies at Thiel Macro, LLC, an investment firm that manages the personal capital of Peter Thiel. Prior to Thiel, Michael founded Ice Farm Capital, a discretionary global macro hedge fund seeded by Soros Fund Management. From 2006-2014, Michael founded and managed the New York office of Canyon Capital Advisors, a $23B multi-strategy hedge fund based in Los Angeles, CA, where he established their global macro strategies, managing in excess of $5B of exposure across equity, credit, FX, commodity and derivative markets.

In addition to his work as a market theorist and portfolio manager, Michael has been noted for his work as a public speaker and financial media participant. He is a graduate of the Wharton School at the University of Pennsylvania and a CFA holder.


Westin Hotel - Chesapeake Room
6631 W Broad Street
Richmond, VA 23230