2017

Orpheus RMIVG20 models registered a new high with 65% returns since Jan 2015. YTD the model delivered 33% making it to the second best performer till date in the Bloomberg list just behind Istanbul 100.

Nasdaq Orpheus RMIVG20 up 60% since Jan 2015. This was a 37.38% and 17.99% above the Nasdaq composite (NQUSB) and Nasdaq 100 (NDX) respectively.

The recent paper “Why Indexing works” [1] gives a probabilistic explanation of the futility of the Active process and why Passive Indexing is hard to beat. For every 1000 people who read the Wall Street Journal, maybe 10 read the Bloomberg Markets (BM) magazine and for every 10 who read the last month’s issue of […]

RMI® listed on Nasdaq crossed the 50% return back beating the Nasdaq 100 (NDX) by 20.99% and Nasdaq Composite (NQUSB) by 38.87% for the period starting January 2015. RMIVG20 is one of the top performing equity models globally for the period. RMI models are listed on Bloomberg (<ORMI> GO). RMI® Methodology is based on a universal […]

Orpheus was shortlisted for the AIconics awards announced in London. The AIconics are the world’s only independently-judged awards celebrating the drive, innovation and hard work in the international AI Community. Now in their third edition, the 2017 awards feature an unprecedented eight categories and has been the most hotly-contested awards to date. Judged by a […]

The Valeant story confirms that human selection systems are poor and risky, can lack ethics and can fool itself into the illusion of wealth. Any review of mistakes is hindsight bias because even the utmost smartness cannot beat the need for risk management. The whole reason why pension funds are embracing baskets and avoiding hedge […]

March 31, 2017 All the 8 RMI models listed on Bloomberg (<ORMI> GO) starting January 2016 delivered an absolute positive return for the first quarter of 2017. 6 RMI models delivered a positive risk-weighted excess return above their respective benchmarks. The average excess returns for the first quarter was 1.04%. The RMI UK Value Growth 40 and  RMI […]

March 31, 2017 All the 8 RMI models listed on Bloomberg (<ORMI> GO) starting January 2016 delivered an absolute positive return for the first quarter of 2017. 6 RMI models delivered a positive risk-weighted excess return above their respective benchmarks. The average excess returns for the first quarter was 1.04%. The RMI UK Value Growth 40 and  RMI […]

Comment on ‘What is Value?’ – Mukul Pal, September 20, 2015. Roxana Crisan roxana.crisan@tralio.com It’s shocking how Nobel Prize winning economists have relied on naive assumptions. Harry Markowitz [1] assumed that good months (performance) would tend to be followed only by good months and bad months by bad months. Was Harry correct in making such […]

Abstract Finance is a key milestone for AI. Imagine coming back from vacation and talking to your virtual assistant about your investment portfolio and wondering how she does it, quarter after quarter, year after year. Managing money is the real test for human AI. It has to talk, it has to think, it has to […]