The Future of Rational InvestmentFrom a Quant's Perespective October 13, 2022
We were excited to welcome and present our next Sabbatical talk event from ZHAW Zurich University of Applied Sciences as the new Consulate of Switzerland, Swissnex in Japan. Dr. Marcus Wunsch, working in the ZHAW Institute of Wealth & Asset Management provided an outline of his research about goal-based investing, deep hedging, and decentralized finance (DeFi). Risk management is the key factor for portfolio management, especially in goal-based investments. Deep hedging is one approach to managing the risk of the portfolio, inspired by recent work on the application of deep neural networks to the hedging of derivatives. The major advantage is that it allows for general market dynamics as well as transaction costs. He also introduced about the outcome and insights from the meeting with industry partners such as Daiwa Securities, SBI R3, Osaka Digital Exchange, and FTX Japan.