BLACK LITTERMAN AND BEYOND

Bloomberg ALPHA is pleased to invite you to a special event hosted by Bob Litterman and Attilio Meucci investigating the following topics:

• Review of the original Black-Litterman model to include market views in the allocation process

• Extensions of Black-Litterman: generalized stress-testing, non-linear views, portfolios from sorts, non-normal markets, derivatives, etc.

• History, anecdotes and Q&A on Black-Litterman and related approaches

THIS EVENT TARGETS A QUANTITATIVE-ORIENTATED AUDIENCE

CFA Accreditation

This program is eligible for 3 CE credit hours, as granted by CFA Institute. If you are a CFA Institute member, CE credit for your participation in this program will be automatically recorded in your CE Diary.

To register

• BU <GO> 4 <GO> on the BLOOMBERG PROFESSIONAL® service

• or email:conferences@bloomberg.net (specify First Name, Last Name, E-mail, Company Name, Desired Venue)

• or call Global Customer Solutions on +44 20 7330 7500

The flyer for the event.

SPEAKERS' BIOGRAPHY

Bob Litterman is Chairman of the Quantitative Investment Strategies group of Goldman Sachs Asset Management. Bob is the co-developer, along with the late Fischer Black, of the Black-Litterman Global Asset Allocation Model, a key tool in the Investment Management Division's asset allocation process.
Prior to moving to the Investment Management Division, Bob was head of the firmwide Risk Department. Preceding his time in the Operations, Technology & Finance Division, he spent eight years in the Fixed Income Division's research department, where he was co-director.
Before joining the firm in 1986, Bob was an assistant vice president in the Research Department of the Federal Reserve Bank of Minneapolis and an assistant professor in the Economics Department at the Massachusetts Institute of Technology.
In May 2008, Bob was honored by the CFA Institute Board with the Nicholas Molodovsky Award, which is presented periodically to individuals "who have made outstanding contributions of such significance as to change the direction of the profession and to raise it to higher standards of accomplishment." Bob was also the recipient of the 2008 International Association of Financial Engineers (IAFE)/SunGard Financial Engineer of the Year Award, which recognizes individual contributions to the advancement of financial engineering technology.
Bob is a member of the board of the World Wildlife Fund. He earned a BS in Human Biology from Stanford University in 1973 and a PhD in Economics from the University of Minnesota in 1980. Bob and his wife, Mary, live in Short Hills, New Jersey.

Attilio Meucci leads the research effort of ALPHA, the portfolio analytics and risk platform at Bloomberg. Concurrently he is adjunct professor at the graduate program in mathematical finance of the Courant Institute - NYU.
Previously, Attilio was a researcher at Lehman Brothers, a trader at the hedge fund Relative Value International, and a consultant at Bain & Co.
Attilio is the author of Risk and Asset Allocation - Springer and several other publications in practitioners and academic journals. He teaches graduate courses on quantitative risk- and portfolio-management worldwide and he is frequently invited as a speaker to conferences, financial institutions and universities.
Attilio Meucci holds a BA summa cum laude in Physics from the University of Milan, a MA in Economics from Bocconi University, a PhD in Mathematics from the University of Milan and he is CFA chartholder. Attilio is also fluent in six languages.