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Title

Advances in Asset Allocation - CFA Society Winnipeg Luncheon

Event Description

Join us for a special presentation with one of the foremost scholars on portfolio optimization, Dr. Richard Michaud, as he shares his insights on the advances in asset allocation *This event qualifies for one (1) CE credit under the CFA Event Description: Markowitz (1952) mean-variance (MV) optimization has been the theoretical standard for defining portfolio optimality for more than sixty years. However, MV optimization in practice is unstable, highly sensitive to small changes in estimates and difficult to manage. Black and Litterman (BL) (1992) propose to solve the problem of instability of MV optimization with a procedure that produces a single optimal portfolio based on an assumed optimal market portfolio and active views. The procedure is currently being used by thousands of asset managers worldwide with 100s of billions of assets or more under management and has been taught as an academic standard for more than twenty years.

Event Type

Educational

Education Topic

Portfolio Management

Start Time

3/5/2015 11:30 AM

End Time

3/15/2015 1:30 PM

City

Winnipeg

State/Province

Manitoba

Event Country

 

Event Region

Americas

Location Info

Delta Winnipeg 350 St. Mary Avenue Winnipeg, MB R3C 3J2

Speaker

Dr. Richard Michaud

CE Credits

CFA Society Winnipeg has determined that this program qualifies for one (1) CE credit hour under the guidelines of the CFA Institute Continuing Education Program. If you are a CFA Institute member, CE credit for your participation in this program

SER Credit

0.00

Currency

cad

Member Price

45.00

Non-Member Price

55.00

Candidate Price

55.00

Registration

For more information please send email to info@cfawinnipeg.ca
 

All Day Event

 

Recurrence

 

Attachments

Content Type: MyCFA Calendar
Created at 2/15/2015 3:41 PM by ghay@traf.mb.ca
Last modified at 2/15/2015 3:52 PM by ghay@traf.mb.ca