Understanding Equity Portfolio Risk with MAC 3 Models
-How Bloomberg's factor models are created
-Key differences between MAC2 and MAC3
-Overview of factor risk, factor returns, scenario and VAR analysis, portfolio optimization
-How the MAC3 risk model can explain a long/short portfolio's performance and risk under different market regimes
Speakers
Constantin Cosereanu
Equity Workflow Specialist
Bloomberg
Constantin Cosereanu, CFA is a member of the Workflow Specialists team focusing on Equity market solutions. Constantin has been with Bloomberg for the past 20 years in multiple roles. Prior to being a Work-flow specialist, Constantin had spent 5 years as a Portfolio and Index specialist. Prior to that, he spent +6 years as an equity specialist focusing on idea generation and relative valuation functions working very closely with the development team in building Bloomberg’s screening, back-testing and portfolio functions. Constantin is a graduate of the MBA program at The Wilfred Laurier School of Business in Waterloo, Ontario and he is a CFA Charterholder.
Michael Reifel, CFA
Portfolio Analytics Product Manager
Bloomberg L.P.
Michael is a Senior Product Manager in Portfolio Analytics & Risk group. Michael has joined Bloomberg in 2009. Over the years Michael’s responsibilities included portfolio optimization, risk model development and derivatives support in PORT. Prior to joining Bloomberg, Michael was a Portfolio Manager at Madison Square Investors (subsidiary of New York Life Investments), and a senior quantitative research analyst at Citigroup Asset Management. He received an MBA from Harvard Business School and is a CFA Charterholder.
Ritchie Colon-Peri
Account Manager Hedge Funds
Bloomberg L.P.
Ritchie is an account manager responsible for relationships with hedge funds in Texas, Connecticut, and New York. Prior to the role, Ritchie assisted clients with Bloomberg’s Portfolio & Index analytics tools as a specialist. He has a degree in Economics from Cornell University.