Instructor

Robert Michaud
Chief Investment Officer
New Frontier

Robert Michaud is Chief Investment Officer and Chief Technology Officer at New Frontier. He is the co-inventor of Michaud Resampled Optimization and has four U.S. patents in portfolio optimization and investment management. He is co-author of Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation (Harvard 1998, 2nd ed. Oxford 2008) and numerous research articles in refereed journals.

As chair of New Frontier’s Investment Policy Committee, Robert is the lead manager of the firm’s institutional global strategic tax-exempt, global strategic tax-sensitive, and global multi-asset strategic income ETF investment strategy portfolios. Robert has over fourteen years’ experience developing, managing, and chairing the New Frontier global strategic ETF portfolios. 

Robert’s research and contributions to applied finance over his decades-long career were recently profiled in WatersTechnology in an article titled, "Rebel Math: Robert and Richard Michaud, New Frontier Advisors," authored by James Rundle. Robert holds a Masters in Mathematics from Boston University and pursued a Ph.D. in finance from the Anderson School of Management at the University of California, Los Angeles before joining New Frontier. 

Published Work

  1. Michaud, Richard O., Robert O. Michaud and David N. Esch, “Estimation Error and the Fundamental Law of Active Management,” (September 2018).
  2. Michaud, Richard O., Robert O. Michaud and David N. Esch, "Comment on 'Markowitz versus Michaud: Portfolio Optimization Strategies Reconsidered,' Becker, Gürtler and Hibbeln," European Journal of Finance, 21(4): (2015).
  3. Michaud, Richard O., David N. Esch and Robert O. Michaud, "Deconstructing Black-Litterman: How to Get the Portfolio You Already Knew You Wanted,” Journal Of Investment Management, Vol. 11 No. 13 (2013). 
  4. Michaud, Richard O., Robert O. Michaud and David N. Esch, “Portfolio Monitoring in Theory and Practice,” Journal Of Investment Management, Vol. 10 No. 4 (2012). 
  5. Michaud, Richard O. and Robert O. Michaud, “The Problem with Target Date Funds,” Investment News, (May 2010).
  6. Michaud, Richard O. and Robert O. Michaud, “Target date funds aren’t a panacea,” Investment News, (May 2010).
  7. Michaud, Richard O. and Robert O. Michaud, “Are Good Estimates Enough? No.," Investment Management Consultants Association (2009).
  8. Michaud, Richard O. and Robert O. Michaud, Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation, Second Edition (2008), Oxford University Press.
  9. Michaud, Richard O. and Robert O. Michaud, "Defense of Markowitz-Usmen," New Frontier Advisors’ Newsletter 1st Quarter (2008).
  10. Michaud, Richard O. and Robert O. Michaud, “Estimation Error and Portfolio Optimization: A Resampling Solution,” Journal Of Investment Management, Vol. 6 No. 1 (2008).
  11. Michaud, Richard O., Robert O. Michaud and Katharine Pulvermacher, “Gold as a Strategic Asset,” World Gold Council, (2006).
  12. Michaud, Richard O., “A Practical Framework for Portfolio Choice,” Journal Of Investment Management, Vol. 1 No. 2 (2003).
  13. Michaud, Richard O. and Robert O. Michaud, “Portfolio Resampling: Review and Critique," Financial Analysts Journal, Vol. 3 (2003).
  14. Michaud, Richard O., “An Examination of Resampled Portfolio Efficiency: A Comment,” Financial Analysts Journal, Vol. 1 (2003).
  15. Michaud, Robert O. and Richard O. Michaud., "Resampled Portfolio Rebalancing and Monitoring,” New Frontier Advisors’ Newsletter 4th Quarter, (2002).

Where

 

Boston College Club
100 Federal Street
36th Floor
Boston, MA 02210

 

When

 

March 21, 2019
8:45 AM - 6:30 PM

 

Questions?

 

Contact Us