The Rady School of Management was home to the recent Global Interdependence Center Money, Models, and Digital Innovation conference – an event dedicated to exploring current trends and their effects on portfolio management, big data and machine learning and crypto-digital currencies.
The conference brought together Rady School academics and practitioners to discuss exciting innovations, the current economic climate and trends that are shifting the world of finance.
According to Michael Melvin, Executive Director of the Master of Finance program: “We are delighted that the GIC chose the Rady School of Management as their partner to host this important conference and bring 75 distinguished finance practitioners to our campus. This reflects the growing stature of our School in the eyes of the global finance community.”
Rady School professors participated in the event as moderators and lecturers. Allan Timmermann, Professor of Finance, presented a talk titled “Quantitative Methods and Judgment: Competitors or Complements?”Michael Melvin served as a moderator for the panel. Finance professor Ross Valkanov gave a lecture detailing different strategies to optimize portfolios. Accounting and finance professor Harry Markowitz — who started the modern portfolio era with his pioneering work on risk and portfolio selection — gave a presentation about his life and the theory that earned him a Nobel Prize in Economics.
The conference also served as a platform to award Eric Rosengren, President of the Federal Reserve Bank of Boston, with the Fredrick Heldring Award for Global Leadership. In his keynote address titled “Considering Alternative Monetary Policy Frameworks: An Inflation Range with an Adjustable Inflation Target,” Rosengren discussed the current United States economic climate and suggested alternative frameworks for Federal Reserve inflation targeting policy.
“We were honored to host the GIC Conference,” said Rady School of Management Dean Robert Sullivan. “The Rady School’s increased focus on quantitative finance and data analytics was perfectly aligned with the theme of the conference.”
About the Global Interdependence Center
The Global Interdependence Center is a Philadelphia-based nonprofit organization with a global reach. Its mission is to encourage the expansion of global dialogue and free trade in order to improve cooperation and understanding among nations, with the goal of reducing international conflicts and improving worldwide living standards.