INTECH's Ioannis Karatzas Honored At Columbia University
NEW YORK and WEST PALM BEACH, Fla., June 7, 2012 /PRNewswire/ -- INTECH Investment Management LLC (INTECH), a global investment management firm, today announced that Ioannis Karatzas, Ph.D., Distinguished Researcher, is being recognized by his peers at a weeklong conference held at Columbia University in his honor. The conference, "Probability, Control and Finance," from June 4–8, 2012, brings together leading researchers from across the globe to discuss topics at the intersection of mathematics and finance.
"Throughout his distinguished career Ioannis has made countless contributions as it relates to the field of stochastic calculus, in particular in the area of Stochastic Portfolio Theory. Ioannis has contributed significantly to furthering the academic and practitioner understanding of the theoretical aspects of Stochastic Portfolio Theory. His work is highly regarded and respected by his peers in the mathematical finance community," said Adrian Banner, Ph.D., Chief Investment Officer of INTECH. "In the field of mathematics, academics of the highest caliber are sometimes honored with conferences to commemorate their 60th birthday. On behalf of INTECH, we are delighted that leading mathematicians from academia and the private sector from around the world have come together in New York to join Ioannis in celebrating this special milestone."
Prior to joining INTECH in 2009, Dr. Karatzas was an exclusive consultant to the firm since 2001. His research focuses on Probability Theory, Stochastic Control, Mathematical Finance, and Mathematical Economics. He obtained his Ph.D. in Mathematical Statistics at Columbia University where he is now the Eugene Higgins Professor of Applied Probability in the Department of Mathematics. Dr. Karatzas co-authored the book "Brownian Motion and Stochastic Calculus" and the monograph "Methods of Mathematical Finance," both published by Springer Verlag.
Dr. Karatzas speaks extensively around the globe, and is a Fellow of the Institute of Mathematical Statistics, also holding a doctoral degree honoris causa from Athens University.
He has delivered the Andre Aisenstadt Lectures at the University of Montreal (published by the American Mathematical Society), an IMS Bernoulli Society Lecture, the Kuwait Lecture at Cambridge University, the Lukacs Lectures at Bowling Green University, the Wolfe Lecture at Rice University, as well as the Ziwet Lectures and the Inaugural Woodroofe Lecture at the University of Michigan. He has been Plenary Speaker at numerous Conferences, including the World Congress of the Bachelier Society, the HEC/Montreal Optimization Days, the American Control Conference, four Risk Magazine Conferences, the Abel Symposium, and the International Symposium on "Stochastic Analysis and Related Topics" in honor of Prof. Kiyoshi Ito's 90th birthday.
For 25 years, global institutional investment manager INTECH has been generating alpha by utilizing stock-price volatility as a source of reward while attempting to limit risk and trading costs. INTECH manages equity portfolios using a purely mathematical approach for clients including some of the world's largest corporate pension funds, public pension funds, foundations and endowments, sovereign wealth funds, Taft-Hartley and other institutional investors. The company's global headquarters is located in West Palm Beach, Florida, with its research office in Princeton, New Jersey, and international division in London, England. As of March 31, 2012, INTECH had approximately $42.7 billion under management and 79 employees worldwide. INTECH is an independently managed subsidiary of Janus Capital Group Inc. (NYSE: JNS), based in Denver.
About Janus Capital Group Inc.
Janus Capital Group Inc. (JCG) is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform. As of March 31, 2012, JCG managed $164.0 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in London, Milan, Munich, Singapore, Hong Kong, Tokyo and Melbourne.
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SOURCE INTECH Investment Management LLC