Igor Tulchinsky
Igor Tulchinsky | |
---|---|
Born | 1966 (age 57–58) Minsk, Belarus |
Education | |
Occupation(s) | Investor, writer, philanthropist |
Igor Tulchinsky (born 1966) is an investor, entrepreneur, venture capitalist, author and philanthropist.[1] He is the founder, chairman and CEO of WorldQuant, a global quantitative asset management firm with over $7 billion in assets under management that he founded in 2007.[2][3]
Early life and education
[edit]Tulchinsky was born in 1966 in Minsk, Belarus.[4] His parents were both professional musicians.[1] In 1977, the family immigrated to the US where Igor had the chance to learn more about finance and computer science.[5][6] He holds an MS in computer science from the University of Texas, and an MBA in finance and entrepreneurship from the Wharton School of the University of Pennsylvania.[7][8][1]
Career
[edit]Tulchinsky started his career in 1988 at AT&T Bell Laboratories, where he held the position of scientist for over three years. Prior to this, he spent time as a video game programmer.[1]
In the early 1990s, Tulchinsky worked as a trading strategist for Timber Hill (now part of Interactive Brokers), before moving to Millennium Management, an investment management firm that manages more than $57 billion in assets.[1][9]
He spent 12 years at Millennium as a statistical-arbitrage portfolio manager[10] before he founded WorldQuant in 2007.[1] WorldQuant has a global workforce of more than 1,000 employees across 24 global offices,[11] with many locations in nontraditional financial centers, including Ramat Gan, Budapest, Mumbai, Ho Chi Minh City and Seoul.[1][12] This is in line with Tulchinsky's stated belief that "talent is distributed equally around the world, opportunity is not."[1]
In 2014, Tulchinsky founded WorldQuant Ventures, an early-stage investment vehicle that invests in tech companies with a particular focus on data analytics and finance.[13][14]
In 2014, Tulchinsky founded WorldQuant University, a US-accredited not-for-profit university, which offers an entirely free online master's degree in financial engineering and a data science module.[15][1][16]
In early 2018, Tulchinsky founded WorldQuant Predictive, an artificial intelligence platform company that sells predictive analytics to corporate clients.[1]
Philanthropy
[edit]In 2017, Tulchinsky made a gift of $5 million to launch the WorldQuant Initiative for Quantitative Prediction at Weill Cornell Medicine.[17] This research initiative aims to enhance current methods used in precision medicine by combining molecular profiling with financial algorithms.[18] He is also a Board of Fellows member at Weill Cornell Medicine.[19]
Publications
[edit]In 2015, Tulchinsky published Finding Alphas: A Quantitative Approach to Building Trading Strategies,[20] and in 2018, he published The UnRules: Man, Machines and the Quest to Master Markets.[21][22] In 2023, he released his third book The Age of Prediction: Algorithms, AI, and the Shifting Shadows of Risk, co-authored with Christopher E. Mason.[23][24]
Tulchinsky has published material for and commented across various global organizations, publications and think-tanks, including the Financial Times,[25] The Wall Street Journal,[26] World Economic Forum,[27][28] Milken Institute,[29][30] Harvard Business Review,[31] Institutional Investor[32] and Fox Business.[33]
References
[edit]- ^ a b c d e f g h i j "Toss of a coin that made a one-time game developer top of the quants". Financial Times. December 16, 2022. Retrieved March 24, 2023.
- ^ "Who We Are". WorldQuant. Retrieved March 24, 2023.
- ^ Hope, Bradley. "With 125 Ph.D.s in 15 Countries, a Quant 'Alpha Factory' Hunts for Investing Edge". WSJ. Retrieved March 24, 2023.
- ^ "Уроженец Минска Игорь Тульчинский попал в топ-50 самых значимых персон Bloomberg". ThinkTanks. December 2, 2017. Retrieved August 26, 2023.
- ^ "Уроженец Беларуси купил в Нью-Йорке квартиру за 33 млн долларов". Reform.by. April 26, 2021. Retrieved August 26, 2023.
- ^ "'Obstacles are nothing but information': WorldQuant's Igor Tulchinsky". World Economic Forum. Retrieved March 24, 2023.
- ^ "Igor Tulchinsky | Department of Computer Science". www.cs.utexas.edu. Retrieved March 24, 2023.
- ^ "Igor Tulchinsky - Agenda Contributor". World Economic Forum. Retrieved March 24, 2023.
- ^ "Millennium Management Global Investment". Millennium. Retrieved March 24, 2023.
- ^ "The Fintech Finance 40: Igor Tulchinsky and Steve Lau". Institutional Investor. Retrieved March 24, 2023.
- ^ "How we work". WorldQuant. Retrieved July 17, 2023.
- ^ "Contact". WorldQuant. Retrieved July 17, 2023.
- ^ "Meet This Year's Bloomberg 50". Bloomberg.com. Retrieved March 24, 2023.
- ^ Kutler, Jeffrey (November 13, 2018). "Fintech Finance's Power Players". Institutional Investor. Retrieved March 24, 2023.
- ^ RosenbushEditor, Steve. "WorldQuant University Mints Masters of Financial Engineering". WSJ. Retrieved March 24, 2023.
- ^ Chaparro, Frank. "A hedge fund manager is supporting a free master's program in financial engineering". Business Insider. Retrieved March 24, 2023.
- ^ "WorldQuant Hedge Fund Deploys Scientists for Cancer Research". Bloomberg.com. May 2, 2018. Retrieved March 24, 2023.
- ^ "WorldQuant Initiative for Quantitative Prediction Established at Weill Cornell Medicine". WCM Newsroom. Retrieved March 24, 2023.
- ^ "Gift from Board Member Igor Tulchinsky to Support Weill Cornell Medicine's Strategic Needs". give.weill.cornell.edu. Retrieved March 24, 2023.
- ^ Tulchinsky, Igor, ed. (September 30, 2019). Finding Alphas: A Quantitative Approach to Building Trading Strategies (1 ed.). Wiley. doi:10.1002/9781119571278. ISBN 978-1-119-57121-6.
- ^ "The Unrules: Man, Machines and the Quest to Master Markets". TraderLife. Retrieved March 24, 2023.
- ^ Tulchinsky, Igor (2018). The Unrules: Man, Machines and the Quest to Master Markets. Chichester, West Sussex, United Kingdom: Wiley. ISBN 978-1-119-37210-3.
- ^ Bilal, Jafar (August 24, 2023). "WorldQuant CEO Tulchinsky: AI must work with human traders". Financial News. Retrieved August 27, 2023.
- ^ Saacks, Bradley (May 25, 2023). "Billionaire quant Igor Tulchinsky on AI's promise and risk". Semafor. Retrieved August 27, 2023.
- ^ Tulchinsky, Igor (June 27, 2023). "Superforecasting with AI promises the best of all future worlds". www.ft.com. Retrieved July 17, 2023.
- ^ Milken, Michael; Tulchinsky, Igor (April 11, 2017). "How Technology Liberates Human Capital". Wall Street Journal. ISSN 0099-9660. Retrieved July 17, 2023.
- ^ "Why aren't we better at predicting the future?". World Economic Forum. Retrieved March 24, 2023.
- ^ "Why learning to code should be a central part of the global education system". World Economic Forum. Retrieved March 24, 2023.
- ^ "The Future of Work: Driving Adaptability and Flexibility". milkeninstitute.org. Retrieved March 24, 2023.
- ^ "The Global Skills Gap: Bridging the Great Divide". milkeninstitute.org. Retrieved March 24, 2023.
- ^ Tulchinsky, Igor (March 30, 2023). "Your Gaming Skills Can Help You Shape Your Career". Harvard Business Review. ISSN 0017-8012. Retrieved July 17, 2023.
- ^ Tulchinsky, Igor (May 17, 2023). "Investors Are Overlooking the Real Power of AI". Institutional investor. Retrieved July 17, 2023.
- ^ Tietz, Kendall (May 2, 2023). "When will artificial intelligence answer emails? Experts weigh in on how the technology will affect work". FOXBusiness. Retrieved July 17, 2023.