Avantages reports on the 2018 McGill International Portfolio Challenge (MIPC), which saw 90 teams from around the world compete for a $25,000 grand prize.
Organized by Desautels BCom students under the guidance of Prof. Sebastien Betermier, this year’s MIPC addressed the severe underfunding of U.S. state pensions – a grand challenge that presents no simple solution.
The U.S. pension plan shortfall has the makings of a perfect storm – so who is heeding the call to help remedy a seemingly insurmountable problem?
Enter Professor Sebastien Betermier, a group of Desautels BCom students and the McGill International Portfolio Challenge (MIPC).
Planning for retirement is a daunting undertaking for many – but it does not have to be.
Professor Sebastien Betermier sits down with La Presse to share ten practical tips that individuals can adopt to ensure a comfortable lifestyle well into their old age.
Among the advice shared, Professor Betermier underscores the importance of starting to invest early, diversifying your portfolio, and finding a savvy financial advisor.
Professor Sebastien Betermier sits down with La Presse to discuss the second annual McGill International Portfolio Challenge (MIPC), which brought forward the fresh perspectives of 25 international student teams as they attempted to solve the severe underfunding of U.S. state pensions.
Along the way, Prof. Betermier shares insights into why the looming pension crisis in the U.S. is so complex and difficult to solve, as well as some of the novel ideas proposed at the MIPC.
Professor Sebastien Betermier has been awarded $70,000 over two years by the National Pension Hub (NPH), a consortium of Canada’s leading pension funds that is seeking to promote academic research in this field.
The NPH will support Professor Betermier’s research proposal entitled, “Drivers of Successful Pension Investing: Lessons from the Canadian Model.”
With news that the Canada Pension Plan Investment Board (CPPIB) became the first pension fund in the world to issue a green bond, thereby facilitating investment in cleaner technologies, Professor Sebastien Betermier comments on the implications, as well as the success of defined benefit (DB) pensions in Canada.
For a second consecutive year and under the guidance of Professor Sebastien Betermier, the McGill International Portfolio Challenge (MIPC) is offering the opportunity for students to tackle one of the grand challenges of our time – devising a robust pension system.
The first round of the competition will take place online between September 7, 2018 to early October.
Registration is now open.
Following the inaugural McGill International Portfolio Challenge (MIPC), Professor Betermier reflects on how the event provided an important opportunity of self-reflexivity for Canadian pension organizations, while also contributing fresh perspectives on how to address a growing crisis.
His hope is that events like the MIPC might also inspire Finance students to delve deeper into pension management during their studies and to eventually follow this career path.
Students participating in the McGill International Portfolio Challenge presented hypothetical portfolios believed to achieve solvency to address the crisis that has been affecting Canadian pension funds.
An article for The Globe and Mail examines the emerging trend among investment firms to integrate artificial intelligence (AI) in their daily operations.
These new systems can identify various patterns and then make increasingly accurate predictions based on this information.
As this shift suggests uncertainty in the job market, Professor Sebastien Betermier comments on further implications of the rise of AI in the financial domain.
McGill hosted the world’s first business-school competition focused on the asset allocation of pension funds on November 3–4.
The inaugural McGill International Portfolio Challenge (MIPC) welcomed 25 finalist student teams from leading institutions around the world, with some traveling from as far away as Australia, Hong Kong and Switzerland to pitch their proposals to a panel of judges from several of Canada’s largest asset managers.
This weekend, twenty-five student teams from Berkeley, Chicago, Sydney, Hong Kong, and Geneva, amongst others will participate in the final round of the McGill International Portfolio Challenge.
Organized by Desautels BCom students under the guidance of Professor Sebastien Betermier, this is the world’s first pension asset allocation competition.
Poets and Quants recently asked business educators to name their top picks for films from which MBAs could learn a lesson or two. The range of movies mentioned was wide, and included some films that do not, at first, seem to be obvious choices. So, while films like The Wolf of Wall Street, 1986’s Gung-Ho, and Margin Call show up on the list, some professors give the nod to movies like Zootopia and The Godfather.
Congratulations to Desautels undergraduate students: Evan Coulter, Valentyn Litvin, Meagan Prins, and Marina Simonian who won the top prize at the prestigious PRMIA International Risk Management Challenge- marking a second consecutive victory for the Faculty at this competition.
The 2017 edition of Poets and Quants’ Best 40 Under 40 Professors list is out, and on it are four teachers at Canadian institutions — including Desautels Assistant Professor Sebastien Betermier. Professor Betermier teaches investment management and has been nominated for the Desautels Distinguished Teaching Award four times.
