LQG Events

​LQG ENCORE Seminars – Engaging – New – Controversial – Original – Rigorous – Entertaining

LQG 13/07/21 – On-Line – AI for Quants – Accelerated, explainable AI/ML in capital markets – Jochen Papenbrock

LQG 13/07/21 – On-Line – AI for Quants – Accelerated, explainable AI/ML in capital markets – Jochen Papenbrock

LQG SeminarsENCORE - Engaging New Controversial Original Rigorous EntertainingAI for Quants - Accelerated, explainable AI/ML in capital markets Seminar by Jochen Papenbrock 13th July 2021 Dr. Jochen Papenbrock returns to the LQG to discuss the implications and benefits of work completed with a team at Munich Re Markets on robust accelerated portfolio construction and market data generators which was published in the spring edition of the Journal of Financial Data Science – accessible here Business, regulatory and performance requirements demand robust, explainable, trustworthy, sustainable, efficient, transparent, and larger AI/ML models. Jochen will illuminate the current era of model building, referencing algorithmic developments including risk management techniques. Jochen will also highlight how to access freely available open source software so you can harness potentially massive improvements in processing times while retaining IT cost control and critical business flexibility - in short how to access "your own" super-computer - or more accurately your own accelerated computing platform - without having to learn a totally new language and without paying the earth for the privilege! ReferencesJaeger, M, S. Krügel, D. Marinelli, J. Papenbrock, P. Schwendner. 2021 "Interpretable Machine Learning for Diversified Portfolio Construction​" Lopez de Prado, 2016. “Building Diversified Portfolios That Outperform Out of Sample.” The Journal of Portfolio Management 42 (4): 59–69. Lundberg, S., and S.-I. Lee. “A Unified Approach to Interpreting Model Predictions.” In Advances in Neural Information Processing Systems 30, edited by I. Guyon, U. V. Luxburg, S. Bengio, H. Wallach, R. Fergus, S. Vishwanathan, and R. Garnett, pp. 4765–4774. Curran Associates, 2017, Lundberg, S. M., G. Erion, H. Chen, A. DeGrave, J. M. Prutkin, B. Nair, R. Katz, J. Himmelfarb, N. Bansal, and S.-I. Lee. 2020. “From Local Explanations to Global Understanding with Explainable AI for Trees.” Nature Machine Intelligence 2 (1): 56–67.     Dr. Jochen Papenbrock NVIDIA Based in Frankfurt, Germany, Jochen has spent the last 15 years in various roles on the topic of AI in Financial Services, as a thought leader, implementer, researcher and ecosystem shaper. He is a financial data scientist and received his degree and PhD from the Karlsruhe Institute of Technology (KIT). As a consultant, entrepreneur and researcher he worked with well-known asset managers, banks, insurance companies and central banks. He is a manager at NVIDIA and works with partners, communities, and developers in financial services in Europe and also in some global teams. Jochen is board member of the EU Horizon 2020 project ‘FIN-TECH’, specialty chief co-editor (Co) at Frontiers ‘AI in Finance’, and project leader in GAIA-X. He has published on AI and quantitative finance in Journal of Financial Data Science, Journal of Investment Strategies, Financial Markets and Portfolio Management, Quantitative Finance, Applied Financial Economics, Frontiers Journal of AI in Finance and Journal of Network Theory in Finance.

LQG 26/01/21 – On-Line – The Age Of Financial Repression – Russell Napier

LQG 26/01/21 – On-Line – The Age Of Financial Repression – Russell Napier

LQG SeminarsENCORE - Engaging New Controversial Original Rigorous EntertainingI guess we're not in Kansas anymore! The return of the age of financial repression Seminar by Russell Napier 26th January 2021 - On-Line In the first LQG seminar of 2021 Russell Napier reviews the financial environment and draws vital inferences about the use of historic data and forecasting. "Welcome" to the new year... and a "new" financial world. From 1939 to 1979 the United Kingdom and most of the developed world’s financial system was subjected to a financial repression. Excessive debt-to-GDP ratios across the developed world mean that repression is very likely to return.Financial asset prices, determined by market forces for over forty years, will now be increasingly determined by administrative fiat.The data that tracks financial market and macro relationships post 1979 may now be irrelevant and dangerous for assessing the outlook for financial markets.What is financial repression and how should our analysis adapt to it? Russell Napier Professor and Strategist Professor Russell Napier is author of The Solid Ground investment report for institutional investors and co-founder of the investment research portal ERIC- a business he now co-owns with D.C. Thomson. Russell has worked in the investment business for over 30 years and has been advising global institutional investors on asset allocation since 1995. Russell is author of the book Anatomy of The Bear: Lessons From Wall Street’s Four Great Bottoms (‘a cult classic’ according to the FT) and he is founder and course director of The Practical History of Financial Markets course that is part of the Edinburgh Business School MBA. Russell is Chairman of the Mid Wynd International Investment Trust. He is a member of the investment advisory committees of two fund management companies, Cerno Capital and Kennox Asset Management. In 2014 Russell founded the charitable venture The Library of Mistakes a business and financial history library in Edinburgh that now has branches in India and Switzerland. Russell has degrees in law from Queen’s University Belfast and Magdalene College Cambridge. He is a Fellow of The CFA Society of the UK and is an Honorary Professor at both Heriot-Watt University and The University of Stirling. When not engaged in the activities above Russell reads too much financial history, is a keen fly fisherman and grows his own organic vegetables . His second book which covers the events of the Asian financial crisis is due to be published in 2021.

LQG 03/11/20 – On-Line – Accounting And Asset Prices – Ray Ball

LQG 03/11/20 – On-Line – Accounting And Asset Prices – Ray Ball

In this seminar Professor Ball will discuss accounting and asset prices. Earnings and returns might seem like completely different concepts, but they are closely related economic variables — much more so than commonly appreciated. … Earnings, cash flows and book values have components that are economically different.

20200114 LQG does not meet in January

20200114 LQG does not meet in January

LQG SemianrsEngaging New Controversial Original Rigorous EntertainingThe London Quant Group does not meet in January The first LQG meeting in 2020 will be on February 11th generously hosted by BlackRock

20200114 LQG does not meet in January

20200114 LQG does not meet in January

LQG SemianrsEngaging New Controversial Original Rigorous EntertainingThe London Quant Group does not meet in January The first LQG meeting in 2020 will be on February 11th generously hosted by BlackRock

20191210 10th December 2019 – The LQG Annual Debate – To ESG or not to ESG?

20191210 10th December 2019 – The LQG Annual Debate – To ESG or not to ESG?

The climax of the London Quant Group 2019 seminar series is the Annual Debate. This year two titans of both debate and finance will address the virtues, both real and imaginary, of ESG Investing.
Ed Fishwick – Managing Director at BlackRock will propose the motion.
Andrew Ang – Managing Director at BlackRock will oppose the motion.
This is a debate – a forum in which to discuss the question. The views expressed during the debate are not necessarily the views of the speakers personally nor of BlackRock or Goldman Sachs International! The debate is held under the Chatham House rule!

20190908 LQG Autumn Seminar – Cambridge

20190908 LQG Autumn Seminar – Cambridge

The 2019 autumn seminar has 14 outstanding speakers and will be held at Magdalene College in Cambridge. It is a beautiful setting boasting the longest river frontage of all the Cambridge colleges – a fantastic venue for the London Quant Group seminar.