General

China’s world-class tech giants, Alibaba and Tencent, have market values of around $500bn, rivalling Facebook’s. China has the largest online-payments market. Its equipment is being exported across the world. It has the fastest supercomputer. It is building the world’s most lavish quantum-computing research centre.

Because the China A-Share market is uncorrelated, under-researched, and inefficient, investment opportunities should abound for active managers committed to fundamental research.

The Seattle company, which has expanded from online commerce to cloud computing and entertainment, is exploring new ventures and capabilities that could give it more power in a payments industry currently dominated by banks and card networks such as Visa Inc. and Mastercard Inc.

In Edwards’ scenario, U.S. Treasuries will eventually sport negative yields, the stock market will plunge below the previous lows of 2009, and corporate debt prices will fall.

Job Board

Risk Manager
Huatai Financial USA Inc

Business Analyst – Vendor Management
UBS

Leveraged Finance – Director Legal Role
Fitch Ratings

Financial Analyst – North America Expenses
Allianz Global Risks US

Investment Analyst
Citadel

Quantitative Analyst- Trading
UBS

Portfolio Credit Manager
Synchrony Financial

TRAFIGURA – Oil Trader
Trafigura

Vice President, Financial Data Science
Huxley Banking & Financial Services

Client Analyst
Wellington Management Company, LLP

Technical Operations Specialist: Brokerage Systems
Interactive Brokers

Marketing Services Analyst
Ashton Lane Group

Upcoming Events

April 12, 2018 Chicago Booth | Chicago Machine Learning Venture Capital Summit

April 13, 2018 CFA Society of Chicago Event | April Job Seekers Forum

April 19, 2018 CFA Society of Chicago Event | Rise of Robo-Advisors

April 27, 2018 3rd Annual Blockchain Conference

May 01, 2018 Executives’ Club of Chicago | Diversity Leadership Series

May 15, 2018 Executives’ Club of Chicago | Defining Chicago’s role in the Cryptocurrency Market

May 15, 2018 The Chicago Council on Global Affairs | A New Era of Global Trade

CFAA Spotlight | CFAA Honors Women’s History Month

March 11, 2018 / Comments Off

China’s crackdown on debt has slammed the country’s nascent hedge fund industry

The argument in favor of the tariffs is that they are a counterweight against foreign producers of aluminum and steel that have flooded the U.S. market, putting American companies at a disadvantage. However, the decision may put regions and states at an economic disadvantage, in at least two additional ways.

The United States leads China in private investment in artificial intelligence (AI) and in the number and experience of its scientists. But Chinese firms may gain an advantage from having more data—including data not in the public domain—for honing algorithms.

The SEC is concerned that such agreements are potentially being used to trade like securities without conforming to the strict rules that apply to securities.

10 Books To Add To Your Women’s History Month Reading List

Job Board

Risk Manager
Huatai Financial USA Inc

Administrative Assistant – Global Consultant Relations Team
BlackRock

Leveraged Finance – Director Legal Role
Fitch Ratings

Risk Business Analyst
ABN AMRO Clearing

Investment Analyst
Citadel

Cybersecurity Compliance Manager
NFA

Portfolio Credit Manager
Synchrony Financial

Quantitative Loss Forecasting Model Validation
Ashton Lane Group

Vice President, Financial Data Science
Huxley Banking & Financial Services

Client Operations Analyst
ABN AMRO Clearing

Quantitative Analyst
NFA

Marketing Services Analyst
Goldman Sachs USA

Upcoming Events

March 15, 2018 CFA Society of Chicago Event | Distinguished Speaker Series: Rupal Bhansali

March 22, 2018 CFA Society of Chicago Event | March Informal Monthly Happy Hour

March 22,2018 PWCC Event | PWCC Cultural Event at The Conservation Center

March 23, 2018 CFA Society of Chicago Event | CFA Society Chicago Career Fair

March 28, 2018 CFAA Event | Quarterly Networking Happy Hour

April 07, 2018 UChicago | China Forum 2018

April 12, 2018 Chicago Booth | Chicago Machine Learning Venture Capital Summit

CFAA Spotlight | Happy Chinese New Year!

February 12, 2018 / Comments Off

Despite the upheaval, some investors say the stock rally is merely pausing after a strong run whose scale and pace has taken many by surprise.

Investors believe size of correction will depend on interest rate pain.

The Market’s Biggest Risk? Millennial Traders Who Have Never Seen A Crash.

“This could make the whole Trump administration initiative to go back to the Moon economically affordable,” Charles Miller, president of space consulting firm NexGen Space LLC and a former member of the Trump administration’s NASA transition team, tells The Verge.

Chicago is the first city in the U.S. to launch Chinese New Year celebration in the name of city government.

Job Board

Risk Manager
Huatai Financial USA IncAdministrative Assistant – Global Consultant Relations Team
BlackRock

Investment Banking Senior Manager/SVP
Deloitte Services LP – Global

Junior Compliance Associate – Securities/Commodities
Interactive Brokers

Investment Analyst
Citadel

Data Analyst
Moody’s

Portfolio Credit Manager
Synchrony Financial

Liquidity Measurement and Reporting – Analyst
Credit Suisse

Vice President, Financial Data Science
Huxley Banking & Financial Services

ALTERNATIVE INVESTMENTS/HEDGE FUND ANALYST
Core Capital Management

Sr Compliance & Internal Controls Analyst
Chicago Mercantile Exchange

Middle Desk Compliance Associate
Bank of China USA

Upcoming Events

February 12, 2018 Chicago Booth | “Why Bitcoin Will Disrupt…Everything!”

February 15, 2018 TAP | Asian American Business Leaders & Entrepreneurs

February 15, 2018 Chicago Booth | Chinese Investment in the Chicago Stock Exchange: Bridging Together the World’s 2 Largest Economies

February 22, 2018 CFA Society of Chicago Event | The Evolution of the Cryptocurrency Markets

February 23, 2018 CFA Society of Chicago Event | CFA Institute Research Challenge: Chicago Competition

CFAA Spotlight | CFAA Chinese New Year Reception

January 15, 2018 / Comments Off

Emerging Markets Gain From US Tax Cuts

Will the bull market for stocks finally end in 2018?

And that upside looks particularly big in India and East Asia, where newly minted middle-class consumers are helping companies generate big gains for investors.

China tied the US in 2018 in terms of domestic retail sales – according to data compiled by Mizuho

The Crypto Castle is a three-story home in San Francisco where young tech workers eat, sleep, party, and plot the future of money.

Job Board

IMD, PWM, Financial Analyst, Chicago
Goldman Sachs USA

Credit Analyst covering Financial Institutions
Fitch Ratings

Investment Banking Senior Manager/SVP
Deloitte Services LP – Global

Operations Management and Quantitative Analyst
Interactive Brokers

Associate – Invesntment Banking – Leverage Finance
Michael Page International – US

Junior Compliance Associate – Securities/Commodities
Interactive Brokers

Investment Analyst
Citadel

Senior Workday Analyst
Chicago Mercantile Exchange

Portfolio Credit Manager
Synchrony Financial

Product Analyst
Enfusion

Global Markets – HOLT Sector Specialist
Credit Suisse

Upcoming Events

January 17, 2018 Executives’ Club of Chicago | Annual Economic Outlook

January 17, 2018 CFA Society of Chicago Event | Fintech Part 1: Blockchains – Disruptor, Panacea, and Reality

January 18, 2018 Chicago Booth | Global Trade Trends and Economic Forecast: What to Look for in 2018

January 30, 2018 CFA Society of Chicago Event | How to Improve Your Quarterly Investor Letters

February 01, 2018 CFAA Event |2018 CFAA Chinese New Year Reception

CFAA Spotlight | Happy Holidays!

December 17, 2017 / Comments Off

2018 may not rival 2017 as one of the most peaceful in market history. Some strategists warn that the regular pullbacks that create volatility could resume.

The MSCI Emerging Markets (EM) Index has rallied by more than 30% in 2017 through mid-November. Yet as we head into 2018, emerging markets face heightened geopolitical and currency risk, as well as pockets of overvaluation.

CME Bitcoin Futures Launch – Possible Economic Outcomes

Alibaba will soon begin selling cars using these gigantic vending machines

China-Focused Hedge Funds on Track to be Big Winners in 2017

Job Board

Regional Coaching Consultant – Chicago/Detroit
Fidelity Investments

Senior Salesforce Business Analyst
Nuveen Investments

Investment Banking Senior Manager/SVP
Deloitte Services LP – Global

Operations Management and Quantitative Analyst
Interactive Brokers

Structured Credit Research Analyst
Ashton Lane Group

Client Service Manager
Wellington Management Company, LLP

Data Quality Enablement & Management Lead
UBS

Investment Analyst
Citadel

Portfolio Operations Analyst
Guggenheim Partners

Fixed Income Analytics Specialist
UBS

Upcoming Events

January 08, 2018 Chicago Booth | Interim Exec – Resource and Career Path

January 10, 2018 CFA Society of Chicago Event | January Investment Exchange Forum

January 11, 2018 Chicago Booth | Chicago Booth Club of Chicago and Finance Roundtable New Year’s Kickoff

January 12, 2018 CFA Society of Chicago Event | January Job Seeker’s Forum 10 and Over

January 17, 2018 Executives’ Club of Chicago | Annual Economic Outlook

CFAA Spotlight | China’s central bank warns of ‘Minsky moment’ as economy powers ahead

November 12, 2017 / Comments Off

Speaking on the sidelines of the closely-watched, twice-a-decade Communist Party Congress, People’s Bank of China Governor Zhou Xiaochuan spoke of the risks of a “Minsky moment” in the economy

China has welcomed Trump with the most spectacular display of diplomacy in the country’s history

Accelerating Chinese inflation will derail a global rally in commodities and deepen a rout in the nation’s bonds

China electric car startup Nio raises over $1 billion from Tencent, others: sources

The retail event is now nearly four times larger than Black Friday and Cyber Monday, the two biggest shopping days in the US.

Job Board

Investment Analyst
Citadel

Portfolio Operations Analyst
Guggenheim Partners

Fixed Income Analytics Specialist
UBS

Client Services Trader
TradeStation

Analyst, Private Market Operations
Nuveen Investments

Asset & Wealth Management, J.P. Morgan Securities, Client Associate
JPMorgan Chase & Co.

HOLT Sector Specialist
Credit Suisse

Structured Credit Research Analyst
Ashton Lane Group

Sr Analyst, Investment Ops
Nuveen Investments

Upcoming Events

November 13, 2017 Executives’ Club of Chicago | Unexpected Outcomes: How to Survive a Crisis

November 16, 2017 Chicago Booth | The U.S. Trade Deficit and the Foreign Demand for Dollar Securities

November 17, 2017 CFA Society of Chicago Event | The Evolution of Asset Management: Risk Management

November 18, 2017 Chicago Booth | Finding Balance – Working Women and “Having It All”

December 11, 2017 CFA Society of Chicago Event | CFA Exam Information Session

January 17, 2018 Executives’ Club of Chicago | Annual Economic Outlook

CFAA Spotlight | 2017 CFAA China Investment Forum

October 15, 2017 / Comments Off

In order to better understand the opportunities and challenges of China’s capital markets and to identify effective ways to invest in China, Chinese Finance Association of America (CFAA) will be hosting 2017 CFAA China Investment Forum in Chicago on November 11th, 2017.

This will be China’s first commodities futures contract open to foreign companies such as investment funds, trading houses and petroleum companies.

Investors are rushing into the bond markets of India and Indonesia, drawn by rich yields and the rosy growth prospects of countries that a few years ago were considered among the most vulnerable emerging markets.

JD.com shares are a better deal than Alibaba’s

SEC commissioners will now have to vote on the deal, the WSJ said, but timing of the vote remains uncertain.

Job Board

Emerging Markets Credit Research Analyst (AAM)
Aegon Asset Management

Senior Operations Analyst
Morningstar

Operational Risk Analyst
Goldman Sachs USA

GSAM, Control Oversight Group, Analyst
Goldman Sachs USA

Operations Analyst
ABN AMRO US

Investment Analyst
Citadel

Fixed Income Quantitative Research Analyst
UBS

Financial Data Associate – Global Middle Office
Moody’s

Fixed Income Desk Analyst
William Blair & Company, L.L.C

Upcoming Events

October 19, 2017 Chicago Booth | Automation, Trade, and Globalization: What Do They Mean for Jobs in the Midwest?

October 19, 2017 Chicago Ideas | Is China the New World Superpower?

October 19, 2017 International Women’s Forum | IWF Chicago Annual Dinner

October 26, 2017 CFA Society of Chicago Event | Informal Monthly Happy Hour

November 11, 2017 CFAA Event | 2017 CFAA China Investment Forum

CFAA Spotlight | China’s A shares Forecast

September 10, 2017 / Comments Off

UBS launches yuan hedge fund amid bullish forecast for China’s A shares

The impact between $10 billion and $20 billion, something they believe insurers can pay out of current earnings, avoiding the need for capital raising.

Walmart is going full steam with [Deep Neural Networks] and will be creating its own NVIDIA GPU Clusters on Walmart Cloud.

The central government’s office overseeing internet financial risks has ordered local authorities to shut down virtual exchanges trading digital currencies with the yuan.

Alibaba, now about the same size as the world’s 21st-largest economy, intends to pursue growth and his ambition of being equal in size to the world’s fifth-largest economy within the next two decades.