Boston QWAFAFEW Meeting: 17 Sep 2019 ENHANCED SCENARIO ANALYSIS A QWAFAFEW discussion led by: MARK KRITZMAN, CFA   Abstract: Investors have long relied on scenario analysis as an alternative to mean-variance analysis to help them construct portfolios.  Even though mean-variance analysis accounts for all potential scenarios, many investors find it…

Boston QWAFAFEW Meeting: 15 Oct 2019 Uncertain Risk Contributions and Uncertain Risk Parity A QWAFAFEW discussion led by: Anish Shah, CFA Abstract: Risk parity is portfolio construction technique that, using risk alone, scales each part of a portfolio - e.g., stocks, bonds, currencies, commodities - so that its contribution to net…

Boston QWAFAFEW Meeting: 19 Nov 2019 Fund Flows as Country Allocator A QWAFAFEW discussion led by: Vikram Srimurthy In this article, the authors find significant positive returns over a forward one-month holding period for strategies that buy in countries that have attracted indirect investment via equity fund flows and sell in countries…

Boston QWAFAFEW Meeting: 17 Dec 2019 “Rosenblatt Securities D Shahrawat Will Present A Bird’s Eye of FinTech”  QWAFAFEW FinTech Holiday Party & A Bird’s Eye View of FinTech Come and mingle with your QWAFAFEW friends as we say goodbye to 2019 and get ready to ring in the New Year. Welcome 2020.…

Next Boston QWAFAFEW Meeting: Jun 15, 2021, 7:00PM ET From Man vs. Machine to Man + Machine: The Art and AI of Stock Analyses   A QWAFAFEW discussion led by, Baozhong Yang, PhD   Abstract: An AI analyst we build to digest corporate financial information, qualitative disclosure, and macroeconomic indicators is…

DEVELOPING PRACTICAL INVESTMENT RESILIENCE   A QWAFAFEW discussion led by, Jarrod Wilcox, PhD   Abstract:    While seeking practical tools for resilient investors, a myopic ability for single-period decisions to reflect outcomes at multiple time horizons without dynamic programming is developed.  It captures tail risk, and, with multiple overlapping observations compounded…

Next Boston QWAFAFEW Meeting: Aug 17, 2021, 7:00PM ET Estimation of Cryptocurrency Risk A QWAFAFEW discussion led by,   Dan diBartolomeo   Abstract:    The market value of all cryptocurrency now exceeds 1% of all traded wealth.   In recent months there have been massive swings (both up and down) in the…

Next Boston QWAFAFEW Meeting: Sep 21, 2021, 7:00PM ET The Worst of Both Worlds? Dual-Registered Investment Adviser A QWAFAFEW discussion led by, Nicole Boyson, Ph.D.  Abstract: As fiduciaries, Registered Investment Advisers (RIAs) must place client interests ahead of their own. Many fiduciaries are dual-registered as brokers (DRs) and have potential conflicts…

Next Boston QWAFAFEW Meeting: Oct 19, 2021, 6:30PM ET “Relevance” A QWAFAFEW discussion led by, Megan Czasonis Abstract: The authors describe a new statistical method for improving forecasting called relevance. They describe their new method from both a conceptual and mathematical perspective, and they show how relevance links regressions to…

Public Bond Issuance and Persistent Inequality A QWAFAFEW discussion led by,   Weiling Liu, PhD   Abstract: We find that less wealthy school districts have more difficulty borrowing money through municipal bond markets, perpetuating education inequality. When school districts issue municipal bonds to finance education infrastructure, we find that it…