总出现:1
分析师亮相:2015
这是他第一次出场，殷罗获得第二名。这位德意志银行证券(Deutsche Bank Securities)的分析师也首次入选“投资组合策略”(Portfolio Strategy)系列，荣登亚军，并连续第五年在定量研究领域占据主导地位。客户看重他广泛的专业知识。一位基金经理说:“罗最近发起了会计报道，用了一些有趣的想法，利用量化工具和会计数据来发现潜在的会计滥用和行业轮换模式。”“他将定量分析和法务会计相结合，可以帮助投资者将注意力从几乎无限量的信息，缩小到可能推动投资过程的可控关键比率。”罗教授认为，“我看到的这个行业最重要的趋势是如何识别会计违规行为。”他指出，传统上，基金经理会根据利润率指标(包括利润率和股本回报率)，以及财务杠杆率和稳定性(基于分析师的估计)来判断优质公司。他表示，一种“更复杂的技术”是通过考察来自经营活动的现金流与净收入之间的差异来评估收益，因为“管理层对现金流几乎没有决定权”。这位40岁的研究人员称，金融界对“存货、应付账款和应收账款等常见项目”有很好的把握，但很少有投资者知道监管衍生品、所得税和养老金的详细会计规则。通过深入研究这些领域，他开发了一个基于MSCI的会计和治理风险指标，以及将概率论应用于财务报表分析的法医模型，以帮助发现可以预测股价表现的异常情况和治理问题。 Specifically, corporations whose accounts do not conform to Benford’s Law — which projects probable distribution patterns in certain natural number data sets — have delivered stock returns that are 3 percent lower than average, while their volatility has been higher, on average, by 3 percent, Luo says. “When a company shows irregularity — either over time or compared to peer companies — it’s a red flag,” he insists. Luo is global head of quantitative strategy at Deutsche, which he joined in October 2009 after holding similar positions at Macquarie Capital and CIBC World Markets. He also served as a senior consultant at auditing giant KPMG. The analyst holds two MBAs, one in finance from the University of Windsor Odette School of Business and the other in management and accounting from the University of Toronto Rotman School of Management, as well as a bachelor’s degree in economics from Renmin University of China.