MiB: Jon McAuliffe, the Voleon Group

Financial Advisor

MiB: Jon McAuliffe, the Voleon Group

bizadmin

September 9, 2023

[ad_1]

This week, we converse with Jon McAuliffe, who’s co-founder and chief funding officer on the Voleon Group, heading the agency’s funding technique, analysis, and growth. Beforehand, he developed and managed statistical arbitrage buying and selling methods at D.E.Shaw. McAuliffe has a novel observe report of profitable innovation making use of statistical strategies to real-life prediction issues, notably within the monetary markets. He’s additionally an adjunct professor of statistics at UC Berkeley, the place he earned his Ph.D.

We talk about his profession in machine studying, from Amazon’s advice engine to utilizing AI to handle portfolios. McAuliffe explains the distinctive challenges of predictive accuracy through machine studying, the place the trade-off is elevated complexity for extra correct modeling. The agency applies machine studying to a 4 step course of of knowledge meeting, Prediction Engine, Portfolio Development, and Execution. Voleon, which manages $10 billion in shopper property, has achieved nice success making use of these applied sciences to investing.

A listing of his favourite books is right here; A transcript of our dialog is accessible right here Tuesday.

You’ll be able to stream and obtain our full dialog, together with any podcast extras, on iTunes, Spotify, Google, YouTube, and Bloomberg. You could find all of our earlier podcasts in your favourite platforms right here.

You should definitely take a look at our Masters in Enterprise subsequent week with Elizabeth Burton, Managing Director and Shopper Funding Strategist at Goldman Sachs Asset Administration. Beforehand, she was Chief Funding Officer of Hawaii’s Workers’ Retirement System (“HIERS”). She was named to Chief Funding Officer Magazines’ 40-Underneath-40, in addition to profitable the 2017 Trade Innovation Award, and a Energy 100 member in 2019.