题目：Postmodernism in Investments: Negative rates… negative fees?
报告人：Luis Seco, Department of Mathematics, University of Toronto
The fund management industry is undergoing a revolution caused by the low interest rate environment and the difficulty of investors to access profitable investment opportunities. In this talk, we will review some of the redent innovations that are changing the industry landscape, which include derivatives and optionality which can, in certain cases, lead to management fees which are negative, where service providers pay investors for their money.
Luis Seco is the Director of the Mathematical Finance Program and Professor of Mathematics at the University of Toronto. He is also President and CEO of Sigma Analysis and Management, a portfolio management firm that specializes in absolute return products and research, and managing director of Angelstar Gmbh, a German joint venture of Sigma with a local family office; he is also the Chief Executive Office of the Centre of Digital Management and Technology Innovation, an institution designed to leverage the University network worldwide to promote training and research broadly in the areas where technology is bringing disruption, including education. He has authored numerous papers in financial risk management, investments and market models, and has won a number of research awards.
Prof. Seco holds a Ph.D. from Princeton University, is the director of RiskLab, an international research partnership of Universities and companies in the financial risk management sector. He has been a Bateman Instructor at the California Institute of Technology.