Andrew Lo says the OFR "should be a separate and independent agency" offering the National Transporation Safety Board as a hopeful example.

Risk management has begun to eclipse investment returns as the primary focus of a growing number of U.S. pension fund executives, reflecting lingering concerns over just how vulnerable institutional portfolios proved during the market's recent meltdown. MIT professor, Andrew Lo says that a growing number of institutional investors have "gotten religion," concluding they can't sit idly by and allow these volatility shocks to take them by surprise.

"Why would you equalize risks if some risks are not giving you proper rewards?" MIT Sloan Prof. Andrew Lo asks of risk parity funds.

Like a contemporary "whodunit" with a global crime scene, the financial meltdown has left behind countless victims, and lots of pointing fingers. The reasons for the collapse are debated by this group of estimable economists, some of whom worry that without really understanding what happened, we are in for a repeat episode.

"Economists desire to be able to explain 99% of all economic phenomena with three laws," says MIT Sloan Prof. Andrew Lo in a discussion on why economists envy physicists. "That's what physicists can do [in physics]. In fact, [in economics] we have 99 laws that explain maybe 3% of all phenomena"...

Recently, the National Science Foundation sent out a query asking economists and social scientists to draw up "grand challenge questions that are both foundational and transformative"—a request that Andrew Lo, says is a first in his experience.

MIT Sloan Prof. Andrew Lo, manager of the Natixis ASG Managed Futures Strategy Fund, advocates vigilant oversight of Managed Futures products, to limit the risk of abuse. "The regulations need to be toughened up even more," he said. "There's all sorts of opportunities and potential for abuse if we don't manage this carefully."...

MIT Sloan professor Andrew Lo says that quant managers need to focus on the adaptation to changing environments that characterizes the biological realm, rather than the sort of immutable laws that form the foundation of physics.

MIT Sloan Prof. Andrew Lo is launching a new managed futures fund, the Natixis ASG Managed Futures Strategy Fund.

In a discussion of the Chartered Financial Analyst (CFA) designation, Andrew Lo's presentation at a London CFA conference is highlighted as an example of how the CFA is adapting to changing conditions.

Andrew Lo evaluates the evidence of bizarre robot behavior in the markets and offers his interpretation.

MIT Harris & Harris Group Professor Andrew Lo on how investors can make heads or tails of the mounds of market information to make smart investments and create a diverse portfolio.

A workshop sponsored by America's National Science Foundation at which economists explored the potential of "agent-based models" (ABM) is highlighted. Professor Lo presented a model of the American housing market, inspired by ABM approaches, which showed how a fateful conjunction of rising house prices, falling interest rates and easy access to refinancing created an awesome burden of debt.