Non-tech Data Science Panel for Asset Owners
Investment managers, both quantamental and fundamental, are incorporating Artificial Intelligence, Big Data and Machine Learning into their investment processes. Rather than dealing with the technical aspects of the technology, this panel will address the topic from the perspective of an asset owner evaluating investment managers. Questions the panelists will address include:
- How can an outsider tell if the promised benefits are real?
- What will it take for the portfolio manager to succeed?
- Creating a 100% Artificial Intelligence, Machine Learning, and Big Data investment process versus incorporating the technology into an existing process?
Chris Meredith, CFA, Principle, Director of Research, Co-Chief Investment Officer, Portfolio Manger – O’Shaughnessy Asset Management
Chris Meredith is the Director of Research, Co-Chief Investment Officer and a Portfolio Manager at O’Shaughnessy Asset Management (OSAM). He is responsible for managing investment related activities at the firm: investment strategy research, portfolio management, and the firm’s trading efforts. He directs the Director of Portfolio Management and the Director of Trading on managing daily investment decisions. On the research side, Chris leads a team of analysts conducting research on new factors, improving existing stock selection and portfolio construction techniques. Chris has also authored several whitepapers including Price-to-Book’s Growing Blind Spot and Microcap as an Alternative to Private Equity. He is also the author of the “Investing Research” blog. Chris is an equity owner in OSAM and a member of the firm’s Executive Committee and Operating Committee. Chris is also a Visiting Lecturer of Finance at the Johnson School of Business at Cornell University, where he co-teaches Applied Portfolio Management and co-manages the student-run Cayuga Fund. Prior to joining OSAM, Chris was a Senior Research Analyst on the Systematic Equity team at BSAM. He was a Director at Oracle Corporation and spent eight years as a technology professional before attending the Johnson School at Cornell University. Chris holds a B.A. in English from Colgate University, an M.B.A. from Cornell University, and an M.A. of Financial Mathematics from Columbia University. He is a CFA charterholder. He lives in Chappaqua, New York with his wife and three children.
Richard Mathieson, CA, Managing Director, BlackRock
Richard Mathieson, CA, Managing Director, is a member of the Systematic Active Equity (SAE) division within BlackRock's Active Equities Group. He is a Portfolio Manager responsible for global equity strategies. Prior to this, Mr. Mathieson led the Investment Strategy team in EMEA for SAE. Mr. Mathieson's service with the firm dates back to 2002, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to rejoining BGI in 2008, Mr. Mathieson was an equity analyst for a specialist investment company focused on European financial stocks. Previously, he was with BGI as a senior portfolio manager, where he was responsible for managing both long-only and market-neutral strategies. Mr. Mathieson qualified as a Chartered Accountant with PricewaterhouseCoopers in 2000, and holds a Bachelor of Accountancy from the University of Glasgow.
Walter Alden Tackett, Ph.D., CFA, Principal, NxE12, LLC
Walter Alden Tackett is the Principal of NxE12, LLC, a research firm specializing in Statistical Learning applications for Financial Investment, Risk, and Compliance. From 2014-2017 Dr. Tackett was Director of Investment Risk at Charles Schwab Investment Management (CSIM), where he applied Statistical Learning and Data Science methodology to quantitative risk management of Active Equity and Money Market funds representing over $200B AUM. From 2007-2014 he was Director of Research for Thomson-Reuters Portfolio Management products in the Financial and Risk Division. Prior to that, he was a Sr. Quantitative Analyst for Thomson as well as an independent contractor developing algorithms for option pricing and proprietary trading. Dr. Tackett came to the financial investment field as an accomplished practitioner of Statistical Learning and AI. Most notably: From 1996-2002 he was co-founder and CEO of Nativeminds, Inc., a pioneer of AI-based Natural Language chatbots. His Ph.D. dissertation on Machine Learning, entitled "Recombination, selection, and the genetic construction of computer programs" has received over 240 citations. At Hughes Aircraft Corp while concurrently pursuing graduate studies he worked on AI and Machine Learning projects that included one of the earliest implementations of deep convolutional neural networks, participating in the first DARPA/NIST/USPS hand-written digit recognition challenge. Walter Tackett earned the CFA Charter Holder designation in 2007. He received his Ph.D. in Computer Engineering from USC in 1994 and additionally holds MSEE and BSME degrees from CSUN. AI-related publications and patents: https://nxe12.com/watpubs
Ralph Goldsticker, MBA, CFA, Chief Investment Officer, Alan Biller and Associates
Mr. Goldsticker joined Alan Biller and Associates with more than 30 years of investment research experience. As CIO, he chairs the firm’s Investment Committee and oversees asset allocation and manager research activities. In addition to his investment responsibilities, he articulates the firm’s views in whitepapers, journal articles and through presentations to clients and at professional conferences. Prior to joining Alan Biller and Associates, he was Director of Research at Mellon Capital Management and Senior Investment Strategist at BNY Mellon Investment Management. He also held roles as Director of Research at Vestek Systems and Director of Equity Research at Van Kampen American Capital. Recently, he has published papers and spoken at conferences on smart beta and the relationship between risk and investment horizon. He holds the Chartered Financial Analyst (CFA) designation and is an active member of the CFA Institute, The Q-Group (Institute for Quantitative Research in Finance) and the Quantitative Work Alliance for Applied Financial Education. Mr. Goldsticker earned a B.S. from Washington University and an M.B.A. in Finance from the Haas School of Business at the University of California, Berkeley.
- 4:00 p.m. – Registration
- 4:30 p.m. – Panel Discussion
- 5:30 p.m. – Q&A
- 5:45 p.m. – Networking Reception