Confidence Revisited: The Distribution of Information

Megan Czasonis is a Managing Director and Head of Portfolio Management Research at State Street Associates. The Portfolio Management Research team collaborates with academic partners to develop new research on asset allocation, risk management, and investment strategy. The team delivers this research to institutional investors through indicators, advisory projects, and thought leadership pieces. Megan has co-authored various journal articles and works closely with institutional investors to develop customized solutions based on this research. Megan graduated Summa Cum Laude from Bentley University with a B.S. in Economics / Finance.

Mark is a founding partner of State Street Associates and senior lecturer at the MIT Sloan School of Management. As the author of seven books and more than 100 research articles, Mark has pioneered new approaches to asset allocation, investment strategy, and predictive analytics. He received the James R. Vertin award from the CFA Institute recognizing the relevance and value of his research to the investment profession. Mark’s contributions provide State Street clients with novel practical methods to improve the effectiveness of predictions and investment processes.

Fangzhong Liu is a Quantitative Researcher on the Portfolio Management Research team at State Street Associates. His research spans a broad range of topics, including portfolio construction, asset allocation, currency management, and advanced predictive methods. He holds a Bachelor of Science in Mathematics and Economics from the University of Southern California and a Master of Finance from the Massachusetts Institute of Technology.

David Turkington is Senior Managing Director and Head of State Street Associates, State Street Markets’ decades-long partnership with renowned academics that produces innovative research on markets and investment strategy. David is a frequent presenter at industry conferences, has published more than 40 research articles in a range of journals, and serves on the editorial board of the Journal of Alternative Investments. He is the co-author of three books including “Asset Allocation: From Theory to Practice and Beyond” and “Prediction Revisited: The Importance of Observation.” His published research has received the 2010 Graham and Dodd Scroll Award, five Bernstein-Fabozzi/Jacobs-Levy Outstanding Article Awards, the 2013 Peter L. Bernstein Award for best paper in an Institutional Investor journal, the 2021 and 2023 Roger F. Murray First Prize for outstanding research presented at the Q Group seminars, and the 2022 and 2023 Harry Markowitz awards for best paper in the Journal of Investment Management.