Bringing you live news and features since 2006 

CSIM appoints Director of Research for liquid strategies business

RELATED TOPICS​

Common Sense Investment Management (CSIM), an independent, privately-held investment manager, has appointed Dr Matthew Schneider, as Director of Research in the firm’s new Liquid Strategies team.

A complement to their existing Hedge Fund business, Liquid Strategies will invest in Managed Futures & Currency managers using a combination of non-finance techniques and patented risk management processes.

 
Dr Schneider is also a Visiting Scholar at the Samuel C Johnson Graduate School of Management at Cornell University. Prior to joining CSIM, Dr Schneider worked as an adjunct policy analyst for the RAND Corporation for five years, researching and advising on policy decisions for multi-billion dollar government programs. Prior to the RAND Corporation, Dr Schneider served in the US Navy as a Surface Warfare Officer on the USS Boxer. He holds a PhD and MS in Statistics from Cornell University, an MS in Management & Public Policy from Carnegie Mellon University, and a BS in Quantitative Economics from United States Naval Academy in Annapolis.
Dr Schneider's doctoral research, funded by the National Science Foundation (NSF), developed methods to identify key and persistent relationships from among millions of time series and terabytes of data.
 
"As an NSF-funded graduate student, I valued developing new techniques that were ten to 20 years ahead of commercial practice. It is important to me to be part of an organisation that acts that way too. The CSIM Liquid Strategies' Co-CIO, Mel Meinhardt, has been a leader at introducing new techniques, and that drew me to the team here," says Dr Schneider.
 
Mel Meinhardt, Co-Chief Investment Officer of Liquid Strategies, says: "Many investment companies are pursuing a financial edge from 'Big Data.' However, Dr Schneider, who has recently presented his work at the Big Data and Mobile Analytics Conference in Philadelphia, believes there is more to 'Big Data' than just the magnitude."
 
Dr Schneider says: "There is a natural tradeoff between the largeness of data and the sophistication of modelling. As the availability of data continuously outpaces the development of theory and models, the temptation is to use fast yet simple models to cover as much data as possible. However, I find greater value in focusing on how the data is being modelled rather than how big the data is. This becomes particularly important when dealing with sequential and dependent events like we find in finance."
 
A key part of Matthew's doctoral research has been accepted for publication next year in the prestigious Journal of the Royal Statistical Society — one of the top journals of statistical science. He also has publications in print or forthcoming at the International Journal of Forecasting, the Journal of Privacy and Confidentiality, and the International Conference of Data Mining. 
 
"We welcome Matt to the CSIM Liquid Strategies team," says Mel Meinhardt. "His addition will help ensure we maintain our leading edge in portfolio design and management, exploiting the best of new and robust methods."

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by