Quant Strategies Off-cycle Internship
Il y a 2 mois
Quant Strategies Off-Cycle Internship
- We are looking for a 5-6 months off-cycle intern.
- You should bring a strong theoretical background and be fluent in python and pandas.
- All necessary computational infrastructure and technical support will be at your disposal.
- You will be based in the Millennium offices in Paris.
**Analysis and Applications of Alternative Portfolio Optimization Approaches**
**Background**
Over 70 years ago Harry Markowitz launched finance into a new era by inventing modern portfolio theory [1].
Markowitz approach is to choose the right portfolio as the one that maximizes expected returns and controls the risk (modelled as the variance of the portfolio).
One of the (possibly undesired) consequences of the above approach is that the resulting allocation distributes large parts of the risk to the small modes of, the correlation matrix of returns of the different securities.
There are many alternative approaches that lead to portfolios that are optimal in a different sense [2,3,4] and that redistribute risk differently. Their respective derivations are typically very different and yet the resulting allocations can often be brought into similar forms.
**Objective(s)**
(a) Unify the theoretical foundations that lead to the different portfolio optimization strategies.
Exemplary directions:
- Are there some shared first principles that can unify the different approaches? - The following approaches are typically derived from different principles and yet ( are expected returns):
- Markowitz approach [1] 1
- Max. entropy approach [2] 0
- Agnostic Risk Parity approach [3] 1 2
- What are the practical limitations and possible/necessary extensions in realistic settings?
- How does the structure of impact the results?
- How should the methods be adapted in a dynamic setting under cost constraints?
- References _
- [1] Markowitz, H., Portfolio selection. Journal of Finance. 7(1):77-91, (1952) _
- [2] Windcliff, H. & Boyle P., The 1/n pension plan puzzle, North American Actuarial Journal. 8. 32-45, (2004) _
- [3] Benichou, R., Lemperiere, Y., Sérié,E., Kockelkoren, J., Seager, P., Bouchaud, J.P. & Potters, M. Agnostic Risk Parity: Taming Known and Unknown-Unknowns. The Journal of Investment Strategies. 6. 10.21314, (2016)_
-
L/s Equity Internship Off-cycle
il y a 2 jours
Paris, France Millennium Temps pleinL/S Equity Internship Off-Cycle **We are looking for a 5-6 months off-cycle intern, starting this summer 2024.**: **You will join our dynamic L/S Equity team and make a real impact in a challenging work environment.**: **As an off-cycle intern you will have the opportunity to work alongside our dedicated team in Paris.**: **Your main responsibilities will...
-
Off Cycle Intern
il y a 1 mois
Paris, France Millennium Temps pleinIf you are interested in off cycle internships as part of your university requirement, please submit your CV. We will be in touch as and when there are any suitable openings.
-
Investment Banking Off Cycle Internship
il y a 7 jours
Paris, France NOMURA Temps pleinRegion - EMEA (Europe, Middle East and Africa) Division - Investment Banking Location - Paris Program type - Off-cycle internship Level - Analyst Job description **Who we are** Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals,...
-
Investment Banking Off Cycle Internship
il y a 1 mois
Paris, France NOMURA Temps pleinRegion - EMEA (Europe, Middle East and Africa) Division - Investment Banking Location - Paris Program type - Off-cycle internship Level - Analyst Job description **Who we are** Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals,...
-
Investment Banking Off Cycle Internship
il y a 6 jours
Paris, France NOMURA Temps pleinRegion - EMEA (Europe, Middle East and Africa) Division - Investment Banking Location - Paris Program type - Off-cycle internship Level - Analyst Job description **Who we are** Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals,...
-
Global Markets 6 Month Off Cycle Internship
il y a 2 jours
Paris, France NOMURA Temps pleinRegion - EMEA (Europe, Middle East and Africa) Division - Global Markets Location - Paris Program type - Off-cycle internship Level - Analyst Job description **Who we are** Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals,...
-
Client Solutions Off-cycle Intern 2024, Paris
il y a 1 semaine
Paris, France TP ICAP Temps pleinJob Description - The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior...
-
Client Solutions Off-cycle Intern 2024, Paris
il y a 1 semaine
Paris, France TP ICAP Temps pleinThe TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data...
-
Client Solutions Off-cycle Intern 2024, Paris
il y a 1 semaine
Paris, France TP ICAP Temps pleinThe TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data...
-
Paris, France JPMorgan Chase & Co. Temps pleinIf you are enthusiastic, committed and looking to apply what you’ve learned to real-world financial experience, then this is the role for you. In ever-changing global markets you’ll spend your time exploring the sophisticated financial solutions we deliver across asset classes. The skills you develop and the professional network you build and support...
-
Paris, France JPMorgan Chase & Co. Temps pleinIf you are enthusiastic, committed and looking to apply what you’ve learned to real-world financial experience, then this is the role for you. In ever-changing global markets you’ll spend your time exploring the sophisticated financial solutions we deliver across asset classes. The skills you develop and the professional network you build and support...
-
Off-cycle Internship
il y a 1 semaine
Paris, France TP ICAP Temps pleinThe TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data...
-
Paris, France JPMorgan Chase & Co. Temps pleinJoin our team of top professionals for an internship that shapes the global economy. We focus on long-term relationships and strategies that foster growth and innovation for our clients. We provide sound advice, access to funds, and connections, while managing risks in today's complex environment. Your diverse perspective will help us innovate the next wave...
-
Paris, France JPMorgan Chase & Co. Temps pleinJoin our team of top professionals for an internship that shapes the global economy. We focus on long-term relationships and strategies that foster growth and innovation for our clients. We provide sound advice, access to funds, and connections, while managing risks in today's complex environment. Your diverse perspective will help us innovate the next wave...
-
Paris, France JPMorgan Chase & Co. Temps pleinJoin our team of top professionals for an internship that shapes the global economy. We focus on long-term relationships and strategies that foster growth and innovation for our clients. We provide sound advice, access to funds, and connections, while managing risks in today's complex environment. Your diverse perspective will help us innovate the next wave...
-
Systematic Fund Adding Junior PhD Crypto Quant
Il y a 2 mois
Paris, France Eka Finance Temps pleinRole :- Researching, developing and implementing dynamic alpha strategies. Researching high volumes of market data to identify patterns and express your own fully algorithmic trading strategies Creating and implementing trading strategies Efficiently processing, storing, and retrieving huge amounts of market data to identify trading opportunities ...
-
Credit Research Global Broking Off-cycle Internship
il y a 1 semaine
Paris, France TP ICAP Temps pleinJob Description The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior...
-
Credit Research Global Broking Off-cycle Internship
il y a 1 semaine
Paris, France TP ICAP Temps pleinThe TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data...
-
Systematic Fund Adding Junior PhD Crypto Quant
il y a 1 mois
Paris, France Eka Finance Temps pleinRole :- Researching, developing and implementing dynamic alpha strategies. Researching high volumes of market data to identify patterns and express your own fully algorithmic trading strategies Creating and implementing trading strategies Efficiently processing, storing, and retrieving huge amounts of market data to identify trading opportunities ...
-
Internship CRM Operations
il y a 1 mois
Paris, France Albelli-Photobox Group Temps pleinJoin Albelli-Photobox Group, with our paid internship program in the CRM Operations team and contribute to driving customer engagement, revenue growth, and operational excellence within our organization. Albelli-Photobox group comprises of albelli, monalbumphoto, fotoknudsen, onskefoto, photobox, PosterXXL, Hofmann. Develop your skills in digital marketing...
