Search results for: Federal Reserve

Paper on Market Forecasting Wins AQR Award

AQR Capital Management has presented its first annual AQR Insight Award to Bryan Kelly, Ph.D., of the University of Chicago Booth School of Business and Seth Pruitt, Ph.D., of the Federal Reserve Board of Governors for their unpublished research in predicting market returns more accurately over one-month and one-year time horizons.

Fed Forges Ahead With Operation Twist

The Federal Reserve has decided to continue its plan of purchasing longer-term securities while holding interest rates low through 2013 -- a move that may contribute to potentially detracting appeal of liability-driven investing strategies for plan sponsors.