Financial Market Theory Thursday, November 29, 2018 Professor Edwin T Burton

Acadian Asset Management Manage $ 100 Billion in Institutional Client Money Use “Quantitative Strategies” and Huge Database of Company Information Approach similar in spirit to Ross’s “Arbitrage Pricing Theory” – identifies factors relative to individual stock performance Value Investment Style

Churchill Franklin Chairman and former CEO, Acadian Asset Management Churchill G. Franklin   Churchill Franklin stepped down as Chief Executive Officer of Acadian Asset Management LLC in December 2017 to become Chairman. Acadian is a $100 billion institutional asset management firm headquartered in Boston, MA.  Churchill co-founded the firm in 1986 and assumed the role of CEO on January 1, 2013.  As Chairman he serves as an ambassador for Acadian within the industry and supports the firm’s ongoing business activities.  A graduate of Middlebury College, Churchill is a member of the investment committee for the College’s $1 billion endowment, and was board chair from 2000 to 2004.  In May 2008 he received an Honorary Doctor of Humane Letters degree from Middlebury. Churchill also sits on the board of the Posse Foundation, serves on the investment committee for the Whitehead Institute’s $600 million endowment. In June 2018 he stepped down as the volunteer President of the Concord Museum in Concord, Massachusetts. In 2006 Churchill received the “Nonprofit Marketer of the Year” Award from Foundation & Endowment Money Management, an Institutional Investor publication. Before joining Acadian, Churchill was the Assistant Treasurer of Thermo Electron Corporation (now Thermo Fisher Scientific), a Fortune 500 company, where he managed all aspects of the treasury function.  He was previously a commercial loan officer at Bank of Boston (now Bank of America). Acadian specializes in active global and international equity strategies, employing sophisticated analytical models for active stock selection. Our proprietary database covers over 40,500 securities in more than 100 markets worldwide. Acadian's extensive research capabilities are used to develop customized investment management solutions for our clients

Thomas Obaseki Global Marketing, Acadian Asset Management   2008 UVA Darden MBA and a 2001 West Point graduate.  Before Darden, Mr. Obaseki was a captain in the US Army serving Baghdad. Previously worked at Wellington Asset Managements with their multi-asset portfolio team. 

November 27, 2018