Speaker 2020

Prof. Dr. Ingo Beyer von Morgenstern

got his PhD in Thermodynamics at the Technical University of Munich. After his MBA degree at INSEAD, he joined McKinsey & Company for 30 years, of which 20 years were spent in Germany and 10 in China. In China, he led McKinsey‘s global High Tech, Telecom, and Media Practice, taking special responsibility for European clients in Asia and Asian clients in Europe. Over those years he served the Chinese government, various State-owned Enterprises, privately-owned Chinese companies and prominent Multi-nationals. For 25 years, Prof. von Morgenstern has served in many roles as an honorary professor. He taught in both the Physics and Economics departments at the Technical University of Munich, and for the last decade at China's elite Tsinghua University in Beijing. Together with a fellow Senior Partner of McKinsey and the ACATIS Investemnet KVG he has launched the ACATIS Qilin Marco Polo Fund. The fund invests in China, and employs a sophisticated philosophy based on decades of experience and presence in China and ASEAN. In parallel, Prof. von Morgenstern has founded universities in Barcelona and Bangkok for Information Science, Digital Design and Entrepreneurship. Both universities are on track to serve 1500 Bachelors and Masters-degree students in the coming years. He is also a co-founder and board member of Masii.com, a Thailand-based fintech company recently named as one of the "Top 100 fintech companies in the world" by KPMG, and the only company on the list from Thailand.

John Emerson

works in global distribution as vice chairman of Capital Group International, Inc. He has 18 years of industry experience, all with Capital Group. He most recently served as the United States ambassador to the Federal Republic of Germany. In 2015, John was awarded the State Department’s Susan M. Cobb Award for Exemplary Diplomatic Service, which is given annually to one non-career ambassador, and in 2017 he was awarded the CIA Medal and the U.S. Navy’s Distinguished Public Service award. Prior to accepting the ambassadorial posting, John was president of Private Client Services for the Capital Group Companies. Before joining Capital, he was deputy assistant to President Clinton where he coordinated his economic conferences, served as the president’s liaison to the nation’s governors, and led the administration’s efforts to obtain congressional approval of the GATT Uruguay Round Agreement and the extension of China’s MFN trading status. Additionally, he was appointed by President Obama to serve on his Advisory Committee for Trade Policy and Negotiations. Before working in the Clinton White House, John served as Los Angeles Chief Deputy City Attorney, and was a partner in the law firm of Manatt, Phelps, Rothenberg, and Phillips. John holds an honorary doctor of laws degree from Hamilton College, a juris doctor degree from the University of Chicago and a bachelor’s degree in philosophy from Hamilton College. John is based in Los Angeles.

Dr. Thomas Flury

is Co-Head of Machine Learning and Deputy Head of Research at Man AHL and Co-PM of the AHL Dimension programme. After joining Man AHL in 2010 he worked within the core Methodology team before moving into the Commodities team, developing non-momentum signals for commodity futures trading. Most recently Thomas worked within the AHL Dimension team developing non-momentum alpha signals for AHL Dimension. Thomas holds a DPhil in Economics from the University of Oxford, where he studied at the Oxford-Man Institute focussing on econometrics research, and a Licence en sciences économiques mention économie politique de l’Université de Lausanne.

Michael Fraikin

is based in Frankfurt, Head of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career in 1991 as an investment analyst with Commerzbank and was then promoted to deputy head of quantitative research. He joined our company in 1997 initially as a Portfolio Manager for European Equities, then as Head of European Equities in 2000 before finally becoming Head of the Portfolio Management Team. He holds a M.S. Accounting & Finance from the London School of Economics, and a BA (Hons) through the Combined European Study Programme from the University of Reutlingen and Middlesex University, London.

Dr. Wolfram Gerdes

is Executive at Kirchliche Versorgungskassen KZVK/VKPB. He has been working in the pension/insurance/asset management industries for 25 years. In previous jobs he held executive positions at Allianz, Commerzbank and W&W where he was responsible for assets up to 50 bn EUR. Dr. Gerdes studied mathematics and physics, holds a PhD from Massachusetts Institute of Technology (M.I.T.). Prior to his career in finance he taught mathematics at Brandeis university (USA). In his spare time he enjoys long distance running and plays the viola.

Dr. Marc-André Göricke

is a consultant at alpha portfolio advisors where he engages in the systematic selection of managers for the asset classes equities, fixed income, and absolute return. Previously, he was a research associate at the chair of Prof. Dr. Alexander Kempf at the University of Cologne and a member of the Centre for Financial Research (CFR), Cologne. He received his doctorate (summa cum laude) for his thesis on returns to human capital in asset management. Part of his research has been accepted for publication in "The Review of Financial Studies", one of the premier academic finance journals. He studied finance and accounting at the university of Mainz and at UNSW, Sydney.

Dr. Philipp Hildebrand

is the Vice Chairman of BlackRock and a member of the firm's Global Executive Committee. He is also Chairman of the Financial Markets Advisory (FMA) and the Financial Institutions Group (FIG). He also oversees the BlackRock Investment Institute (BII) and BlackRock Sustainable Investing (BSI). Mr. Hildebrand joined BlackRock in 2012. Prior to that, he served as Chairman of the Governing Board of the Swiss National Bank (SNB). In that capacity, he was also a Director of the Bank for International Settlements (BIS), the Swiss Governor of the International Monetary Fund (IMF) and a member of the Financial Stability Board (FSB), of which the Leaders of the G20 appointed him Vice Chairman in 2011. Previously, Mr. Hildebrand was Chief Investment Officer of a Swiss private bank and a partner at Moore Capital Management in London. Mr. Hildebrand is a Trustee of the British Museum, a member of the Group of Thirty and an Honorary Fellow of Lincoln College, Oxford. He sits on the International Advisory Board of Oxford University's Blavatnik School of Government and the International Leadership Council for Europe for the University of Toronto. He is a Chevalier de L'Ordre National du Merite (France). Mr. Hildebrand earned a BA from the University of Toronto, an MA from the Graduate Institute of International Studies in Geneva, and a DPhil from the University of Oxford.

Prof. Jason Hsu, Ph.D.

is founder, chairman and CIO of Rayliant Global Advisors (RGA), a global investment management group with more than US$29 billion in assets managed using its strategies, as of Dec. 31, 2019. Rayliant applies quantitative methods to access behavioral-based alpha prevalent in inefficient markets like China. Jason also co-founded Research Affiliates, a smart beta and asset allocation leader with over US$180 billion in assets managed using its strategies. Jason sits on the editorial board of the Financial Analysts Journal, the Journal of Investment Management, the Journal of Investment Consulting and the Journal of Index Investing. He is an adjunct professor of finance at UCLA Anderson School of Management, and a visiting professor at Tsinghua University (China), Kyoto University (Japan) and National Chengchi University (Taiwan). Jason has published more than 40 journal articles and is a contributing author to nine handbooks in finance and economics. He has won two Graham and Dodd Scroll Awards; one Graham and Dodd Reader’s Choice Award; one Graham and Dodd most prestigious award, three Bernstein Fabozzi/Jacob Levy Awards; and three William F. Sharpe Awards. He also co-invented the Fundamental Index, awarded best index by Global Pensions magazine in 2007, 2008 and 2009. Jason received his Ph.D. in finance from UCLA Anderson School of Management. He received his M.S. from Stanford University and B.S. from the California Institute of Technology.

Prof. Dr. Lutz Johanning

holds the Chair of Empirical Capital Market Research at the WHU – Otto Beisheim School of Management in Vallendar, Germany since 2007. Professor Johanning’s research interests are in the areas empirical capital market research, best execution, cost and risk transparency, as well as emotional finance. Since January 2015 he is a member of the Consultative Expert Group, which advices the European Securities and Markets Authority (ESMA), European Banking Authority (EBA), and European Insurance and Occupational Pensions Authority (EIOPA) within the realization of the regulations of the Packaged Retail‐ and Insurance‐based Investment Products(PRIIPs). Since December 2012 Lutz Johanning is the Deputy Chairman of the Supervisory Board of vwd AG (Vereinigte Wirtschaftsdienste). In addition he is a co‐founder and member of the supervisory board of EDG and XTP, two companies which analyze costs and risks of investment products. Furthermore, he is a member of the Exchange Council of Eurex Deutschland and a member of the following German Advisory Boards: Verband unabhängiger Vermögensverwalter e.V. (VuV), Frankfurt/Main, Deutscher Derivate Verband (DDV), European Finance Forum (EFF).

Anatole Kaletsky

is co-chairman and chief economist of Gavekal Dragonomicsan economic consulting and asset management company based in Hong Kong and Beijing. He is also a commentator for newspapers around the world in the Project Syndicate network. Before co-founding Gavekal in 2002, Anatole worked for 25 years as an economic journalist and columnist on The Economist, Financial Times, London Times, Reuters and New York Times, writing from London, Washington, New York and Moscow.

Anatole was the first chairman of the Institute for New Economic Thinking (INET) and now serves on the boards of INET and George Soros’s Open Society Foundations. He was elected to the Royal Economic Society’s governing council from 1998 to 2001, and a director of JP Morgan Emerging Markets Investment Trust from 2002 to 2018, the last two years as Senior Independent Director.

Anatole’s book Capitalism 4.0, published in 2010, anticipated many of the post-crisis transformations of the global economy and was nominated for the Samuel Johnson Prize. His 1985 book, The Costs of Default was influential in the negotiations that ended the Latin American debt crisis. His career as a journalist was recognized by numerous awards, including Newspaper Commentator of the Year, European Journalist of the Year and the FT-Wincott Award for economic commentary.

Anatole graduated from King’s College Cambridge, with a first-class honors in mathematics and received an MA in economics from Harvard University, where he was a Kennedy Memorial Scholar. He is an honorary Doctor of Science at the University of Buckingham.

Anatole was born in Moscow, was brought up in Russia, Poland and Australia as well as Britain, and lived for a decade in the US. He now lives in London and central Italy with his wife Fiona Murphy, a documentary film maker, and has three adult children.

Dr. Jochen Kleeberg

is founding partner and managing director of alpha portfolio advisors. He is responsible for manager selection. Until the end of 1996 he headed the German office of Barra International where he had been employed since 1991. Dr Kleeberg studied business administration at the University of Münster where he also earned his doctor's degree in finance. He is a frequent speaker at industry conferences as well as seminars and is also co-editor of four handbooks all published by Uhlenbruch Verlag: "Hedge Funds" (2005), "Asset Allocation" (2003), "Portfolio Management" (2002) and "Spezialfonds" (2000).

Dr. Jörg Kukies

is since April 2018 State Secretary at the Federal Ministry of Finance. Former, he worked in different positions at Goldman Sachs. Lately, he was Co-Chief Executive Officer at Goldman Sachs AG and Head of the Frankfurt branch at Goldman Sachs International. He studied economics at the University Paris I (Pantheon-Sorbonne), holds a Master degree of Public Administration from John F. Kennedy School of Government, Harvard University. Furthermore, he received a Ph.D. in Finance from University of Chicago, Graduate School of Business.

Prof. em. Josef Lakonishok, Ph.D.

is a Founding Partner, CEO and CIO of LSV Asset Management. Dr. Lakonishok has more than 40 years of investment and research experience.

Dr. Lakonishok was, until 2004, the William G. Karnes Professor of Finance at the College of Commerce & Business Administration at the University of Illinois at Urbana-Champaign.  Before that, he held staff and visiting professorships at Tel Aviv University, Cornell University, the University of North Carolina at Chapel Hill, and the University of British Columbia.

Dr. Lakonishok is one of the top contributors to major financial journals and has published more than 80 articles.  His research covers such diverse areas as analyst forecasts, execution cost measurement, performance evaluation, momentum strategies, fundamental valuation, seasonalities in stock returns, and share repurchases.

Dr. Lakonishok’s work has received many awards, including the Roger F. Murray Award for the paper “Contrarian Investment, Extrapolation, and Risk,” written with Drs. Shleifer and Vishny, and the American Association of Individual Investors Award for the article “Fundamentals and Stock Returns in Japan,” written with Drs. Louis K. C. Chan and Yasushi Hamao.

Dr. Lakonishok received a B.A. in Economics and Statistics from Tel Aviv University in 1970 and an M.B.A. from that university in 1972.  He earned an M.S. in Business Administration in 1974 and a Ph.D. in Business Administration in 1976 from Cornell University.

Dr. Ulrich Neugebauer

is managing director of Deka Investment since 2008 and head of Quantitative Fund Management & ETF since 2003. Dr. Neugebauer is founder of the private institute of capital market research at Deka Bank (IQ-KAP). Dr. Neugebauer joined Deka in 1998. His initial focus was on equity products; later he was responsible for the development of quantitative asset allocation strategies and their implementation. After studying Physics at the University of Hannover, he worked as a research assistant at the Department of Theoretical Physics. He holds a diploma in physics and received his Ph.D. in 1998. He is the author of several papers on condensed matter - and computational physics as well as financial markets and economics. His work was published in internationally renowned journals such as the Physical Review B and Journal of Investing.

Dr. Peter Oertmann

has been committed for more than 25 years as entrepreneur, mentor and investor for innovations in the field of capital investment. He has built up several companies and has spent many years in executive positions in asset management companies and on investment committees of institutional investors and family businesses. Since the trade sale of the quant-boutique Vescore, which he founded and managed as CEO for 17 years, to a Swiss banking group, he has been supporting young companies dealing with new technologies in asset management as well as professional investors in strategic issues. His mandates and engagements are bundled in pecuneo advice GmbH. He is also an active shareholder and partner of Othoz GmbH, an investment boutique in Berlin specializing in AI-based investment strategies.

He is a lecturer for financial management and capital markets at the Technical University of Munich (TUM) and at the University of Basel, a member of the board of INQUIRE Europe and of the Munich Finance Forum and a member of the Swiss Society for Financial Market Research. He holds a Ph.D. in finance from the University of St. Gallen (HSG), an M.A. in economics from Terry College of Business, University of Georgia, USA and a degree in business administration from the University of Bielefeld. His publications deal with risk premiums and investment strategies in capital markets.

Alec Phillips

is the chief US political economist in the US Economics Group within Global Investment Research, focused primarily on US economic policy, including fiscal, trade and regulatory issues. Previously, he held roles analyzing industry-focused policies at the federal and state level, both as a member of the Global Economics Group from 2003 to 2007, and before that as an analyst in Equity Research. Alec joined Goldman Sachs in 2000 as an analyst in Equity Research and was named managing director in 2012. Prior to joining the firm, Alec served on the staff of the Senate Finance Committee. Alec earned a BA in Political Science from Colgate University in 1998.

Dr. Andreas Sauer, CFA,

is founder of ansa capital management GmbH, an investment boutique specializing in global macro strategies. Until 2012, he was CEO & CIO of Quoniam Asset Management, which he co-founded as a partner in 1999. He has more than 25 years of experience in quantitative asset management as well as in advising and servicing global institutional clients. In addition, he is a lecturer in asset management at the University of Mannheim.

Dr. Bernd Scherer

is member of the executive board of Lampe Asset Management, Research Associate at Edhec Business School and Associate Editor of the Journal of Asset Management and Journal of Systematic Investment Strategies. Previously Bernd was MD Morgan Stanley and Deutsche Asset Management in London, Frankfurt und New York und worked as full time professor of finance at EDHEC Business Scholl (where he also was program director for the Europan MSc). His academic work has been published in theJournal of Banking and Finance, Journal of Financial Markets, Journal of Empirical Finance, Journal of Economics and Statistics, Quantitative Finance, Journal of Derivatives, Journal of Portfolio Management, Journal of Trading, Journal of Applied Corporate Finance, Financial Analysts Journal, Journal of Investment Management, Risk, Financial Markets and Portfolio Management, Journal of Asset Management. Bernd authored 8 books on quantitative asset management for Risk, Springer and Oxford University Press.

Sumant Wahi

is fund manager of Fidelity Funds - Global Communications Fund and senior analyst for technology stocks. His focus is on US Internet companies. He has worked for Fidelity since 2014 and is located in London. Prior to that, he was Head of Technology Equities Research at Redburn. His previous professional positions took him to Altera (now Intel), Imagination Technologies and Cryptvision. Sumant Wahi has 11 years of investment experience. He holds an MBA from the London School of Business and an MSc. in Analogue & Digital IC Design from Imperial College London.

Reinhold Weger

is Head of Interest Rate Products at Bayerische Versorgungskammer. As Germany´s largest pension group, the Bayerische Versorgungskammer is the joint executive body of twelve pension schemes with a total of approx. 2.3 million active members and pensioners, around 4.8 billion EUR in contributions, as well as approx. 3.4 billion EUR in benefits per year. The Bayerische Versorgungskammer is in charge of 77 billion EUR in assets under management (book value) for all pension schemes. After studying economics in Regensburg, Reinhold Weger began his professional career in 1994 at Universa Versicherungen in Nuremberg. In 1998, he started at the Bayerische Versorgungskammer and was responsible for fund respectively equity investments as Head of Division. Reinhold Weger has headed the Interest Rate Products Department since 2016 and currently manages with his team around 32 billion EUR.