Skip directly to content

CQF Institute is proud to bring you a free online talk with Dr. John Guerard on 'Quantitative Finance: Corporate Finance and Investments, Then and Now'.

17:00 - 17:30 BST - Networking 
17:30 - 18:30 BST - CQF Institute Talk

This event can earn you up to 2 CPD credits.

In this talk, Dr. John Guerard will trace the history of quantitative finance from the construction of efficient portfolios in the works of Harry Markowitz, Jan Mossin, William Sharpe, Ed Elton and Martin Gruber, Richard Brealey, Russell Ackoff, and William Ziemba. The efficient portfolio analysis is applied to the corporate finance problems of mergers and acquisitions, optimal firm financial decision models regarding capital expenditures, dividends, and new debt issues, and strategic planning models. 

Topic 1: Efficient Portfolio Selection: Markowitz Analysis
Topic 2: Efficient Portfolios with Systematic Risk Estimations: Sharpe, Elton and Gruber, Ziemba, and Guerard and Markowitz Analysis
Topic 3: Stock Selection Modeling from Graham and Dodd to Markowitz, Guerard, and Xu
Topic 4: Mergers and Acquisitions in Efficient and Inefficient Markets
Topic 5: Maximizing the Value of the Firm with Dividends, Investment, and Debt Policies
Topic 6: Optimal Financial Decision-Making with Strategic Planning Models
Topic 7: Quantitative Finance: What Should We Expect in the next 75 years?

Text, J. Guerard, M. Gultekin, and A. Saxena, Quantitative Corporate Finance, New York: Springer, 2022. Third Edition.

Speaker Bio
John B. Guerard, Jr., PhD. is a member of the McKinley Capital Management Scientific Advisory Board. He served almost 15 years as Director of Quantitative Research at McKinley Capital Management, in Anchorage, Alaska. 

John is an Affiliate Instructor in the Department of Applied Mathematics, the Computational Finance and Risk Management Program, The University of Washington, Seattle, WA. He earned his AB in Economics from Duke University, MA in Economics from the University of Virginia, MSIM from the Georgia Institute of Technology, and Ph.D. in Finance from the University of Texas, Austin. Mr. Guerard took three of his doctoral seminars at Texas from Jan Mossin, a co-developer of the Capital Asset Pricing model. 

John taught at the McIntire School of Commerce, the University of Virginia, Lehigh University, and Rutgers University. John taught as an adjunct faculty member at New York University, and the University of Pennsylvania. He worked with the DAIS Group at Drexel, Burnham, Lambert, Daiwa Securities Trust Company, where he co-managed the Japanese Equity Fund portfolio with Harry Markowitz. 

While serving as Director of Quantitative Research at Vantage Global Advisors, Mr. Guerard was awarded the first Moskowitz Prize for research in socially responsible investing.  

John has published several monographs, including Corporate Financial Policy and R&D Management (Wiley, 2006), Quantitative Corporate Finance (Kluwer, now Springer, 2007, with Eli Schwartz, the third edition is at press, 2021), The Handbook of Portfolio Construction: Contemporary Applications of Markowitz Techniques (Springer, 2010), Introduction to Financial Forecasting in Investment Analysis (Springer, 2013), and The Handbook of Applied Investment Research (World Scientific Publishing, 2020, with William T. Ziemba). 

John serves an Associate Editor of the Journal of Investing and The International Journal of Forecasting and has published research in The International Journal of Forecasting, Management Science, the IBM Journal of Research and Development, Annals of Operations Research, Journal of Forecasting, Journal of Investing, Journal of Portfolio Management, The Financial Analysts Journal, Research in Finance, Research Policy, and the Journal of the Operational Research Society.