August 2008Bank of America Announces Collaboration with
MIT Sloan's Laboratory for Financial EngineeringDate: 8/26/08
MIT Press Release
http://mitsloan.mit.edu/newsroom/2008-lfeboa.phpDate: 8/26/08
Publication: Reuters
Title:BoA to fund and provide information to MIT lab
Bank of America announced a collaboration with MIT Sloan's Laboratory for Financial Engineering (LFE) that will utilize cutting-edge financial analysis to spur innovation in financial services. The funding for the LFE will support multiple quantitative research efforts that have been jointly developed by Bank of America and the LFE:
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN2637413520080826Date: 8/26/08
Publication: Portland Business Journal:
http://portland.bizjournals.com/portland/prnewswire/press_releases/national/Massachusetts/2008/08/26/CLTU056Date: 8/26/08
Web site: MSN Money:
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=PR&date=20080826&id=9067194Date: 8/26/08
Web site: KLFY.com (LA):
http://www.klfy.com/Global/story.asp?S=8901534&nav=menu61_11Date: 8/27/08
Financial News (UK):
http://www.efinancialnews.com/tradingandtechnology/index/content/2451631097
(Subscription only – PDF File available through Media Relations)
Professor Andrew Lo Discusses Navigating Hedge Funds
in the Current MarketDate: 8/13/08
Broadcast outlet: Fox Business News
Title: Navigating hedge funds
MIT Sloan Professor Andrew Lo discusses the role that hedge funds have played in the turbulence of the current market, as well as other points covered in his book, Hedge Funds, an Analytic Perspective:
(DVD available through Media Relations)
May 2008
Date: 5/31/08
Publication: Journal of Financial Planning
Title: Investment research - What’s new?
A paper co-authored by MIT Sloan Prof. Andrew Lo is referenced. Entitled 130/30: The New Long-Only, it makes a case that existing indexes such as the S&P 500 are inappropriate benchmarks for leveraged dynamic portfolios such as 130/30 active extension strategies:
http://www.fpanet.org/journal/articles/2008_Issues/jfp0608-art3.cfmDate: 5/11/08
Publication: Financial Times
Title: Rise of hedge funds causes concern
MIT Sloan Prof. Andrew Lo says he expects to see a strong push from the Democrats next year to bring hedge funds under the thumb of the Federal Reserve:
http://search.ft.com/ftArticle?sortBy=gadatearticle&queryText=andrew&y=6&aje=true&x=9&id=080512000141&ct=0&page=4
April 2008
Date: 4/18/08
Publication: The Tech
Title: Faculty hear discipline report, vote on degree, curriculum changes
A new Master of Finance degree program offered by the Sloan School of Management was also presented by Andrew W. Lo, Director of the MIT Sloan Laboratory for Financial Engineering. The proposal will be voted on at the May faculty meeting, and if it passes, the degree program will require final approval from the MIT Corporation:
http://www-tech.mit.edu/V128/N20/facmtg.htmlDate: 4/18/08
Publication: Wall Street Journal
Title: Testosterone may fuel stock-market success, or make traders tipsy
"'We need to understand that physiological aspects of brain behavior really impact financial decisions,' said MIT financial economist Andrew Lo. In an unpublished experiment, he recently wired securities brokers at the Boston Stock Exchange to medical sensors and gauged their stress, exuberance and tension against real-time profit and loss. “You have to understand the mechanism of how fear and greed impact market decisions,” he added:
http://online.wsj.com/article/SB120846072638623669.html?mod=googlenews_wsj
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