155 Federal Street
Boston, MA 02110
New Frontier Advisors
- 617.482.1433
155 Federal Street
Boston, MA 02110
With bond yields rising dramatically since early 2022, investors have been piling into money...
Robert Michaud is the co-holder of four U.S. patents in portfolio optimization and asset management and is the Chief Investment Officer at New Frontier. He holds a Masters in Mathematics from Boston University and pursued a Ph.D. in finance from the Anderson School of Management at the University of California, Los Angeles before joining New Frontier. His research interests include portfolio theory, risk models, empirical asset pricing, and international finance. He is co-author of Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation, (2nd ed. Oxford University Press, 2008) and research articles in refereed journals.
Dr. Richard Michaud is the President and Chief Executive Officer at New Frontier. He earned a Ph.D. in Mathematics from Boston University and has taught investment management at Columbia University. He is the author of Efficient Asset Management: A Practical Guide to Stock Portfolio Optimization and Asset Allocation (1998, 2nd ed. 2008 with Robert Michaud), a CFA Research Monograph (1999) on Global Asset Management, and numerous academic and research articles available on Home :: SSRN and ResearchGate | Find and share research. He is co-holder of four U.S. patents in portfolio optimization and asset management, a Graham and Dodd Scroll winner for his work on optimization, a former editorial board member of the Financial Analysts Journal, associate editor of the Journal Of Investment Management, and former director of the “Q” Group.
Dr. David Esch is the Managing Director of Research at New Frontier, having joined the firm in 2008. Dr. Esch completed his Ph.D. in Statistics at Harvard University in 2004. His specialties include mathematical statistics, numerical analysis and computation, Bayesian statistics, and econometrics. He is author of the article “Non Normality Facts and Fallacies,” (Journal Of Investment Management 1st Quarter 2010), selected as one of the best JOIM papers of 2010, and co-author of many other peer-reviewed journal articles. His educational background also includes a Bachelor of Arts degree from Harvard College and a Masters degree in Mathematics and Statistics from Boston University.
Joy Zheng joined New Frontier in 2018 as a Research Analyst after graduating from Boston University with a M.S. in Mathematical Finance. She is a member of the Investment Committee and her responsibilities include supporting the Investment and Research teams. Her interests include computational finance, quantitative analysis and risk management.
In a quarter filled with talk of potential Treasury default and the second largest bank failure...
Despite continued geopolitical events and a potential banking crisis, markets remained focused on...
Retirement is fraught with uncertainty. Individuals approaching retirement face a variety of...
Much academic and industry effort has been placed into how to meaningfully divide the equity...
2022 was a year of disappointment and negative surprises as economies faced the consequences of...
In the face of pessimism about the possibility of a recession and the Fed’s efforts to curb...
New Frontier Advisors is offering a new interactive Income Tool for financial advisors to explore...
Many investors, especially those in retirement, have a rational preference for investments that...
By Robert Michaud
Markets are pricing in a potential recession as central banks slow economies to...
Despite perceptions of a booming economy with strong consumer demand and low unemployment, U.S....
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Not FDIC Insured – No Bank Guarantee – May Lose Value
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