Presidential Election - All Members Are Invited To Vote As many of you know, Herbert Blank, will be passing the baton of the Presidency that will have held for 8.5 years to the new President at the July 26 QWAFAFEW Meeting. Mr. Blank has served as President since spearheading the effort to begin the Chapter anew (there had been an active Chapter nearly a decade earlier) in January 1997. Herb will assume the designation President Emeritus and also will remain as a member of the Chapter's Steering Committee.
We advertised for people to step forward for nominations for about 3 months. Eventually two did: Mary Ann Bartels of Merrill Lynch Global Equities Trading and C. Michael Carty of New Millennium Advisors. Details for each candidate will follow this paragraph.
After reading the information below, just click on the reply button on your mail server, then please vote for Mary Ann Bartels or C. Michael Cartry (no write-ins please, everyone was given adequate opportunity to place herself or himself on the ballot) BY PLACING THE NAME OF THAT CANDIDATE ALONE IN THE TITLE LINE -- and in the first line of your reply message just to make sure. By erasing the "Re: Chapter Election For President" and replacing it with the name of your selected candidate, you make it as painless as possible for Chapter Administrator Moira Hand to collect the votes and for Treasurer Allen Gillespie & Membership Chair Kelvin Zhang to co-verify them. These results will then be presented to the steering committee for approval at the June 28 Steering Committee Meeting. Assuming acceptance of the results, the name of the new Chapter President (term to begin July 1, 2005) will be announced at the June 28 meeting
To prepare adequately for that baton passing, all votes must be received by 11:59 PM on Tuesday June 21 2005. Anyone who believes themselves to be a member or mails in a membership check (c/o Allen Gillespie, GNI Capital, 708 3rd Av., 23rd Floor, NY 10017, 212-953-4033,x-2) 3 days before voting should vote. If we do not have you down as a member, we will contact you. Otherwise, assume your vote has been counted. If you wish to check your membership status, please e-mail Allen Gillespie at agillespie@qwafafew.org.
We look forward to counting your vote!
Mary Ann Bartels Mary Ann Bartels is the Director of the Global Equity Trading Strategy division at Merrill Lynch.
She rejoined Merrill Lynch in New York in 1999 working with the European Quantitative Strategy Team and assumed her current responsibilities in 2001. Since joining the firm, Mary Ann has developed various proprietary new models for equity pairs trading and for sector, industry and stock selection. In her prior role Mary Ann was responsible for the co-developing the investment strategy for the European Quantitative Strategy department. She also created models for predicting the Growth vs. Value cycles for the Pan European and Japanese markets and developed a Currency Capital Flow Model to predict currency movements post the Euro launch.
Prior to rejoining Merrill Lynch she was an International Portfolio Manager at Batterymarch in Boston where she chaired the International Asset Allocation Committee and was the manager of the Currency Hedging Program. She has also held a position at Avatar/Zweig Associates in New York as Vice President and Global Portfolio Manager where she was responsible for the firms global investments including equity, fixed income and currency. While at Avatar she co-developed their Global Tactical Asset Allocation Model implementing various economic, liquidity, sentiment and technical models. Mary Ann has also held positions at Merrill Lynch as Global Strategist and at Kimmelman & Baird as a Market Analyst. Mary Ann was named in the Institutional Investor All Europe survey in 2000 and 2001 for her involvement on the European Quantitative Strategy Team. The team placed 2nd in 2001 and 1st in 2000. The team also had high rankings in the Reuters and Extel European Fund Manager Surveys. She has appeared on CNBC and Bloomberg television as well as national radio. She has also been quoted in the Wall Street Journal, New York Times and various industry magazines. She has 20 years of investment experience. She holds a BS and MA in Economics from Fordham University.
C. Michael Carty Michael is the founder and chief investment officer of New Millennium Advisors, a New York City-based active equity and balanced investment management firm with a value-oriented approach to growth stock selection. He and his associates use proprietary and quantitative disciplines to manage pension plans, and individual accounts, which often utilize exchange-traded funds (“ETFs”). These disciplines include state-of-the-art portfolio optimization techniques to control risk, and advanced rebalancing methods to reduce turnover.
Michael frequently speaks at major industry conferences on ETFs as lifetime financial planning tools, and has several recently published articles on designing, understanding, and creating ETF investment programs. He also develops and evaluates indexes for potential use as ETFs.
Formerly a senior portfolio manager and associate research chairman at Value Line, he managed $650 million in total assets, including the Value Line Centurion Fund ranked by Lipper Analytical Services as the best performing variable annuity growth fund in 1990 and for the combined period of 1989 and 1990. He also managed the Value Line Fund, which ranked among the top fifteen best-performing growth and income funds.
Michael has over twenty-five years' experience on Wall Street as a market strategist and portfolio manager developing forecasting models of the economy, the stock market and numerous industries. He has authored numerous articles on investment strategy, economic activity and financial markets, lectured before professional societies and other organizations, is frequently quoted in the financial press, and appears regularly on CNNfn. A former director of the Institute of Quantitative Research in Finance, he is also a member of a number of professional associations, including Alpha Pi Mu, the National Industrial Engineering Honor Society. Michael has served as Vice President of the NYC-Area Chapter of QWAFAFEW and a Steering Committee Member since 1997; he also is a former Treasurer of the Organization.
His academic background includes a Bachelor of Science degree in Industrial Engineering from the New Jersey Institute of Technology (with honors) and a Master’s degree in Business Administration from Columbia University where he also pursued doctoral studies.
QWAFAFEW NYC-Area Chapter Membership in 2005 The membership fee for calendar-year 2005 is $80. (includes $10 per member that we will send to Boston HQ for website maintenance and development). The steering committee (SC) also anticipating being more pro-active in spending for resources to improve the quality of presentations and meeting conditions. Recommendations (e.g, laptop plus LCD projector has been suggested, so has upscaling the food menu at Patrick Conway's, etc.) are welcome. Please see the next section to become more involved with the SC.
Please note: members who were QWAFAFEW members in prior years are no longer QWAFAFEW members in 2005 unless they pay (or have paid since last autumn) their 2005 membership fees. We prefer checks (but will accept cash) for memberships. Again, please make checks payable to "QWAFAFEW."
If you wish to purchase membership by mail, please send your check along with a business card, a piece of paper with your contact data, OR a filled-out membership application (from the New York page at www.qwafafew.org) to: Mr. Allen Gillespie, QWAFAFEW-NYC Treasurer c/o GNI Capital LLC 708 Third Avenue, 23rd Floor, New York, NY 10017 agillespie@qwafafew.org (Phone: 212-953-4033, listen for Allen's extension) Membership Chair: Kelvin Zhang, Merrill Lynch, kelvin_zhang@ml.com
QWAFAFEW stands for Quantitative Work Alliance For Applied Finance Education Wisdom. We are a casual society for investment professionals interested in quantitative issues and anyone else interested enough to join us. Visit the site at www.qwafafew.org for membership application and more details. (Application not required to purchase membership, but it's helpful for us to have them on file when possible. Applications can be accessed from the New York section on the website for those who wish to copy management on purchase orders, etc. ) ----------------------------------------------------------- Next Month's Meeting will take place on Tuesday June 28th at Patrick Conway's Restaurant Pub. Mr. Allen Gillespie of GNI Capital will discusss "Momentum: What Does It Mean?" and Dr. Atuha Saha of the Analysis Group will discuss Hedge Fund Measurement Issues. -------------------------------------------- Other NYC-Area Chapter Meetings already scheduled for 2005: Tuesday July 26, "Implications Of The Mean-Reversion Drought -- What To Do Next", Mary Ann Bartels, Merrill Lynch & "Fixed-Income ETF Strategies and Tactics", Herbert Blank, Archetype Risk Advisors, LLC Tuesday August 23, "Benefits of Global Diversification", Dr. Seddik Meziani, Montclair State University (Location to Be Determined) Wednesday September 14 -- Behavioral Finance Round Table -- Joint Meeting with SCFAS in Greenwich CT Tuesday September 27 -- Fair Valuing Small-Cap Securities -- Ian Domowitz, ITG; An Empirical Case Study on the Effect of Governmental Environmental policy Shifts on Ecologically Based Ranking System Performance -- Peter Lusk, Eco-Vest Advisors, LLC Tuesday, October 25 -- Speaking Slots Still Available Tuesday, November 29 -- Speaking Slots Still Available Tuesday, December 27 -- Speaking Slots Still Available --------------------------------------------- Two "bonus" meetings may still be added -- Keep checking the website for details!
You do NOT have to be a member to receive the newsletter. You just need an e-mail address.
Affiliated Societies SAVE THE DATE: MONDAY June 20 2005. There will be a special QWAFAFEW session at the Parker Meridian Hotel. Scott Vorhauer, Vice President, of Gradient Analytics and James Cemprola, FTSE International, will be the speakers.
FTSE-International will be QWAFAFEW's Event Partner and will provide both the venue and the refreshments for this special event. Because of FTSE's generosity, admission for QWAFAFEW members and members of sister organizations will be just $10 (to defray QWAFAFEW's administrative costs). More details about this special event will follow soon. ----------------------------------------------
PRMIA, the Professional Risk Managers Industry Association, offers FREE membership, frequent meetings, job postings, and many resources at www.prmia.org. PRMIA is a global organization. ---------------------------------------------------------
The Society of Quantitative Analysts offers resources and seminars on quantitative investing subjects. Please visit www.sqa-us.org for more information. ----------------------------------------------------------
The Financial Analysts Money Management Society, FAMMS, hosts monthly dinner meetings that can be attended by invitation only. However, steering committee member John O'Dea invited interested QWAFAFEW'ers to contact him at qodea@aol.com with contact data and stating what the professional interest is in attending informational presentations geared to the money management community, frequently sponsored by innovative small-to-mid cap companies. If deemed appropriate, you may be added to the FAMMS invitation list.
The new name of the group formerly known as the Stamford Society of Investment Analysts (SSIA) is now the Stamford CFA Society (SCFAS, website: www.stamfordcfa.org). QWAFAFEW members are invited to attend most events at SCFAS rates. The next SCFAS is Wednesday, May 25, 2005 Manero's Restaurant in Greenwich, CT. Please go to www.stamfordcfa.org for more details.
Do you belong to an organization that wishes to cooperate in "cross-pollination" activities with QWAFAFEW?
Please contact Antonio Ferrareis (aferrareis@qwafafew.org) and/or Steve Sax (ssax@qwafafew.org) to explore opportunities. ----------------------------------------------------------
Please click on the subtitle heading this subsection to visit the QWAFAFEW Website. Each Chapter has its own page. Please visit today. Also, on the right hand side of your view to the QWAFAFEW hom page if you login, you should be able to view your options for the chapters from which your are signed up to receive correspondence. Please visit the site and verify that your options reflect the correct chapters. Other Chapters continue to thrive. Please see the website for further details.
The DC, London, San Francisco, Sao Paulo, and Toronto Chapters are still actively recruiting interesting SPEAKERS. If you have some interesting research or a new and better method addressing an investment issue or discipline, please hit reply and indicate what information you wish to present at which chapter during which month. There are now ongoing efforts to organize a Chapter in Southern California as well as an interest expressed in holding one or two "bonus" Boston Chapter meetings each year in Hartford, CT. Efforts also continue in Portland OR, Pittsburgh PA, and St. Louis, MO, as well as beyond US borders in Johannesburg S. Africa, Paris, France, and Frankfurt, Germany . If you have interest in any of these locations, please click reply and let us know. Also, the Sydney Q Group wishes to correspond and share program details with QWAFAFEW.
Please e-mail Michael Wilcox at hq@qwafafew.org in Boston directly with any comments or questions about potential new QWAFAFEW Chapters and affiliate "sisters." ----------------------------------
It's not to late to astound us with your brilliance in 2005!
We still have a few slots open for volunteers with qualified discussions/presentations for 2005. Please hit reply and put "Request to Present in 2005" in the subject line of the e-mail. ------------------------------------------------------
This list is replacing the Topica e-mail-publisher list as our official mailing list engine. Subscriptions are free, but chapter memberships are not. Please email nyc@qwafafew.org wiith any questions you may have.
Chicago
