is the founder and chairman of the board of Research Affiliates, a global asset manager dedicated to profoundly impacting the global investment community through its insights and products. The firm creates investment strategies and tools based upon awardwinning research, and delivers these solutions in partnership with some of the world’s premier financial institutions. Rob plays an active role in the firm’s research, portfolio management, product innovation, business strategy and client facing activities. With Chris Brightman, he is co-portfolio manager on the PIMCO All Asset and All Asset All Authority funds and the PIMCO RAE™ funds.
Over his career, Rob has endeavored to bridge the worlds of academic theorists and financial markets, challenging conventional wisdom and searching for solutions that add value for investors. He has pioneered several unconventional portfolio strategies that are now widely applied, including tactical asset allocation, global tactical asset allocation, tax-advantaged equity management, and the Fundamental Index™ approach to investing. His success in doing so has resulted in a reputation as one of the world’s most provocative practitioners and respected financial analysts.
In 2002, Rob founded Research Affiliates as a research-intensive asset management firm intent on delivering innovative and impactful products and insights. Using a unique business model, Affiliates delivers investment solutions globally in partnership with leading financial institutions. Rob served as chairman and CEO from 2002 to 2018.
Prior to establishing Research Affiliates, Rob managed two asset management firms. As chairman of First Quadrant, LP, he built up the former internal money manager for Crum & Forster into a highly regarded quantitative asset management firm. He also was global equity strategist at Salomon Brothers (now part of Citigroup), the founding president and CEO of TSA Capital Management (now part of Analytic Investors, LLC), and a vice president at The Boston Company.
Rob has published more than 130 articles in such journals as the Journal of Portfolio Management, Harvard Business Review, and Financial Analysts Journal, where he also served as editor in chief from 2002 through 2006. In recognition of his achievements as a financial writer, Rob has received seven Graham and Dodd Scrolls, awarded annually by CFA Institute to the top Financial Analysts Journal articles of the year. He also has received four Bernstein Fabozzi/Jacobs Levy awards from the Journal of Portfolio Management. He is co-author of The Fundamental Index: A Better Way to Invest (Wiley 2008). Rob Arnott received a BS summa cum laude in economics, applied mathematics, and computer science from the University of California, Santa Barbara.
Dr. Jamil Baz
is a managing director and head of client solutions and analytics. Previously at PIMCO, he was a portfolio manager on the global team. Prior to rejoining PIMCO in 2016, he was a senior managing director and chief investment strategist of the Man Group. Previously, he was a managing director in macro proprietary trading at Goldman Sachs in London and global chief investment strategist at Deutsche Bank. Earlier in his career he co-ran European fixed income research at Lehman Brothers and worked in derivatives and liability management at the World Bank. He has 33 years of investment experience and holds a Ph.D. from Harvard University, an SM degree from the MIT Sloan School of Management and a master's degree from the London School of Economics.
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.
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.
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.
PD Dr. Volker Heinke
ist Mitglied der Vorstände der Provinzial Rheinland Versicherungen in Düsseldorf. Er hat die Verantwortung für das Ressort Finanzen mit den Bereichen Asset Management, Immobilienmanagement und -darlehen, Rechnungswesen, Steuern, Verbundvertrieb (Sparkassen) sowie Ressort- und Kapitalanlagencontrolling. Er ist Mitglied der Aufsichtsräte der Sparkassen Direktversicherung AG, der ProTect Versicherung AG und der KD-Bank e.G. sowie Vorsitzender des Aufsichtsrates der GRR AG. Bis August 2015 war er Finanzvorstand der LVM Versicherungen und stellv. Aufsichtsratsvorsitzender der Augsburger Aktienbank AG. Bis Oktober 2011 war er Finanzvorstand der Kirchlichen Versorgungskassen KZVK/VKPB in Dortmund und zuvor bis Ende 2006 als Abteilungsdirektor der Provinzial NordWest Holding AG verantwortlich für ALM/SAA/Kapitalanlagen-Controlling der Versicherungsgruppe. Er habilitierte an der Universität Augsburg und seit 2014 lehrt er als Privatdozent am Center of Finance der Universität Münster.
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. 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).
is co-chairman and chief economist of Gavekal Dragonomics, an 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.
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
is an entrepreneur and consultant in the financial industry as well as an investor with more than 25 years of capital market experience. He has built up several companies and has held senior positions in asset management companies in Germany, Switzerland and Luxembourg as well as in investment committees of institutional investors and family businesses. After the trade sale of the Quant-Boutique Vescore, which he founded and managed as CEO for more than 17 years, to a Swiss banking group, he accompanies as mentor and investor young companies and projects dealing with investment innovations, as well as asset managers and private investors in strategic issues. He is managing partner of pecuneo advice GmbH, where he bundles his mandates and commitments.
Peter Oertmann holds a PhD 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 Diploma in Business Administration from the University of Bielefeld. In addition to his professional activities he is Lecturer of International Finance and Asset Management at the Technical University of Munich (TUM) and the University of Basle. He is also a member of the board of INQUIRE Europe and the Munich Finance Forum and a member of the Swiss Society for Financial Market Research. His books and numerous publications deal with risk premiums on capital markets as well as asset allocation, alternative investments and factor-based equity strategies.
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. Thomas Schlick
has been a Partner at Roland Berger’s Automotive Competence Center in Frankfurt since 2010. He advises car manufacturers and suppliers on growth strategies, restructuring, efficiency enhancement, technology and innovation management. He previously spent 15 years working as Director of the German Association of the Automotive Industry (VDA), where he was responsible for maintaining dialog with German and European policymakers on technology and environmental issues. Thomas earned his PhD in Mechanical Engineering at the Technische Universität Darmstadt in Germany in 1993.
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.
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.