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以下文章转自公众号 TCFA (The Chinese Finance Association)
TCFA Event: 2021 Investment Outlook Seminar
TCFA Event:
2021 Investment Outlook Seminar
Time: 8:00-9:30pm EST, February 6
2021年市场的投资机会和风险会在哪里？
联储会缩减量化宽松政策力度吗？
随着企业债利差进一步收紧，信用市场
会酝酿着风险吗？

最近疯狂的GameStop现象会引起股票投资生态、
投资基金风控和金融监管方面的变化吗？
"Social Investing"的投资环境下会带来哪些新的投资机会呢？
TCFA请来三位资深的投资专家对这些问题进行一一探讨。
With a gradual vaccine rollout and reopening of the economy, 2021 certainly represents a year of hope after the pandemic in 2020. The financial market performance over the past year surely built in this optimism with S&P 500 index up over 16% in 2020 and bond yields rising from the bottom.
Against this backdrop, what are the investment opportunities and risks in 2021? When will the Fed start taper its bond purchase program? As credit spreads dipped below its pre-pandemic levels, are there any risks in the credit market?
Will the GameStop phenomenon lead to a change on the ecosystem of stock investing? What are the investment opportunities under the environment of “social investing”? And what is the implication on investment funds’ risk management and regulation?
At this TCFA event, we invite three senior investment professionals to help address these questions and concerns. 
Guanghua Gao is Co-founder and a Director of QED Alpha Capital Inc. Dr. Gao has over 20+ years of experience in quantitative equity trading, risk models, and portfolio optimization. In addition, Dr. Gao has extensive experience in high frequency electronic market-making. Dr. Gao started his quant trading career in 1998, with Caxton/ART, one of the pioneers in quantitative equity trading. Later on, Dr. Gao worked as a senior trader with BAML’s QSA group, which engaged in prop/HFMM/OMM and handled retail order flows. Dr. Gao graduated from USTC and received his PhD in Physics from Caltech.
Michael Ning, CFA, Ph.D Michael is a Managing Director at MacKay Shields, and a portfolio manager of Mackay Flexible Income Fund and High Yield ETF (HYLD). Prior to joining MacKay Shields, Mr. Ning was the Chief Investment Officer of PhaseCapital. Prior to joining PhaseCapital, he was a portfolio manager of First Eagle’s Multi-Asset Absolute Return and Tail Hedge strategies. Prior to joining First Eagle, Dr. Ning was a portfolio manager and Director of Research for Absolute Return and Credit Strategies at AllianceBernstein. Before joining AllianceBernstein in 2004, Dr. Ning spent 7 years at Citigroup as a senior research analyst. He has expertise in the research, development and management of trading strategies across credit, equity, rates and currencies. Dr. Ning received his PhD from Oxford University.  He holds the Chartered Financial Analyst (CFA) designation. Dr. Ning is an adjunct professor at Fordham University and Baruch College, teaching machine learning and quantitative finance.
Steve Xia has close to 20 years of quant investing and asset allocation experience. Steve is currently a Senior Managing Director at Guardian Life responsible for the Quant, ALM and Investment Analytics functions. He is also a Professor of the Practice of Finance at Brandeis University. Steve worked for Fidelity Investment and Vanguard holding executive roles in active asset allocation and quant fixed income before joining Guardian. Steve graduated from MIT with a PhD in Engineering and is a CFA charter holder.
Moderator
Henry Mo is a managing director and the chief economist at AIG. Previously, Dr. Mo worked as a director and senior economist at Credit Suisse and a research assistant at the National Bureau of Economic Research (NBER). Dr. Mo is an adjunct professor at Columbia University and has also done MS, DBA, EMBA and executive teaching at a number of institutions in both the US and China. Dr. Mo received both his MPhil and PhD in Economics from the Graduate School and University Center, City University of New York. Dr. Mo is a CFA charter holder, a member of Council for Asset and Investment Management at The Institute of International Finance (IIF), and the former President of The Chinese Finance Association (TCFA).
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This event is for TCFA members only.
（本次活动仅限于全美华人金融协会会员）
Seats for this virtual conference are limited (500 Zoom limit). Please register ASAP!

会议的位置有限（限500人）请大家尽快注册！
重要提示：注册会员后请用第一个二维码登记参加周六的讨论会。Important: After you register as a TCFA member, please alsoregister for the event using the link in section 1.
本文内容和讲座活动全部由TCFA全美华人金融协会提供和举办，和本公众号观点无关。
声明：
本公众号竭力确保所提供的信息准确无误，但不保证此类信息的准确性、完整性和时效性。本公众号所提供的所有信息和相关产品，不论是何种性质，都不应视为在建议、诱导或鼓励公众买卖任何股份、股票期权、相似金融产品或其他任何金融工具。不论用户如何使用本公众号提供的信息和相关产品，或是根据这些信息做出了有关买卖股份、股票期权和其他相似金融产品的何种决定，用户必须独自承担责任。本公众号提供的任何信息均不构成针对个人的投资建议，也不构成任何法律、会计、税务或其他专业建议。本文部分图片来自网络。文字版权属于作者，未经许可，请勿转载！谢谢合作。
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