New York Meeting: Retirement Investing Challenge – Financial Engineering to Better Match Retirement Goals

QWAFAFEW-NYC

Wednesday, February 4^th, 2009

RSVP Today!

SPECIAL WEDNESDAY BONUS MEETING IN MIDTOWN MANHATTAN

The Retirement Investing Challenge – Using Financial Engineering to Attempt to Better Match Retirement Goals with Market Realities

Speakers:

Professor John W. O’Brien, Haas School of Business, University of California - Berkeley

Time: 5:45 PM - 8:30 PM

Venue: Patrick Conway's Pub & Restaurant (downstairs), 40 E 43rd St (between Madison & Vanderbilt), NY, NY. 

Admission:

$30 for Paid-Up Members of QWAFAFEW-NYC in 2009; $40 for members of PRMIA, SQA, CQA, CAIA, any CFA society, and/or unemployed business grad students; $50 for all other RSVPs

To RSVP: Please send an e-mail nyc@qwafafew.org and put date of the event you wish to attend in Subject Line along with the names, phone numbers, Organization Names, e-mails, and membership status for all attending. 

ONLY cash or check (to QWAFAFEW) can be accepted. NO PLASTIC.  Paper receipts are available upon request. NYC Membership Dues for 2009 are still just $90.

QWAFAFEW - NYC Chapter, e-mail: nyc@qwafafew.org website:

www.qwafafew.org/New York Chapter; Administrator: Moira Hand, mhand@qwafafew.org

Please send checks for Membership Dues to:

Herb Blank, QWAFAFEW Steering Committee

c/o Rapid Ratings International, 7^th Floor

86 Chambers Street, NY, NY 10007

hblank@qwafafew.org; (917) 992-7852

To get on Mailing List: transfer the following to your browser and click

http://www.qwafafew.org/phplist/public_html/lists/?p=subscribe

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AGENDA

5:45 - 6:25 pm Registration and Networking

6:25 - 6:35 pm Chapter Business – C. Michael Carty

6:35 - 7.10 pm – John W. O’Brien, Faculty Director, Master of Financial Engineering Program, University of California, Berkeley

“The Retirement Investing Challenge” 

Investors, retirement-focused investors in particular, want equity-like upside, bond-like downside and minimal look-back regret. Can they get it? Not exactly, but product offerings that embody dynamic strategies can give them more of what they want than other current alternatives.

7:10 - 7.30 – Libation and networking break

7:30 – 8:10 – Andrew Rudd, Founder & Principal, Advisor Software, Inc.

“Retirement Is a Liability”

Household investment decisions are most appropriately analyzed in the context of an asset/liability framework, where the assets represent the full set of resources that the household can employ over a lifetime to fund the liabilities that represent the claims on the resources. These claims include any financial liabilities and obligations plus the goals and aspirations the household is striving to achieve. Using this framework, we show how the important retirement problems of funding and investment strategy can be intuitively and insightfully solved.

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About our speakers:

John W. O’Brien is the Faculty Director of the Master’s in Financial Engineering (MFE) program at the University of California Berkeley, Haas School of Business. John drew on his extensive experience in risk management and in creating financial market innovations to help develop the MFE program at Haas, becoming its first Executive Director in July 2000. John also is an adjunct professor of finance at Haas; he created and teaches the MFE course in financial innovation.  Prior to joining Berkeley, John spent four years as a managing director of Credit Suisse Asset Management in New York where, among other responsibilities, he created and managed the risk management function, the client service function, and the e-commerce effort.

Other Events:

SPECIAL INAUGURAL QWAFAFEW in HARTFORD, CT

Wednesday, February 18, 2009: 4:45 PM – 7:30 PM

“The Future of Hedge Funds and Alternative Investments” –

Moderator: Professor Thomas Schneeweis Ph.D., Alternative Investment Analytics LLC and University of Massachusetts Isenberg School of Management

Panelists: Kevin Means CFA, Alpha Equity LLC;

                  Hossein Kozemi Ph.D., Alternative Investment Analytics LLC and University of

                                                            Massachusetts Isenberg School of Management

                  2 additional panelists to be announced

Location:        City Steam Brewery Café, 942 Main St., Hartford

Admission:    $20 Members of any QWAFAFEW Chapter; $30 Others

                        Hot and cold hors d’oeuvres are complimentary; cash bar

RSVP: Please send an e-mail to Herb Blank at hblank@qwafafew.org along with a name, phone number, organization (if any), e-mail, and membership status for each attendee. 

Future QWAFAFEW-NYC Meetings (all Tuesdays unless otherwise indicated)

Feb 24 2009 – Savita Subramanian, Merrill Lynch Quantitative Strategies & Jim O'Shaughnessy, O’Shaughnessy Capital Management

Mar 24 2009 – Laurence Siegel, Ford Foundation & Todd Petzel, Offit Capital LLC

Apr 28 2009 – Brooke Allen, Maple Securities USA – Head, Quantitative Strategies – “Very Personal Finance”

May 26 2009 – Joseph Mezrich, Nomura Securities & Michael Cook, AG Asset Management

Jun 23 2009 – Seddik Meziani, Montclair State University, & Ronit Walny, MacroMarkets LLC

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If you wish to speak at QWAFAFEW in 2009, please contact Herb Blank at herbert.blank@rapidratings.com. Members of linked-in are welcome to join Herb Blank’s QWAFAFEW networking group on that site.  The URL is http://www.linkedin.com/e/gis/59644/530E700BF98A; if you have not been permissioned in advance, please e-mail hblank@qwafafew.org

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