CME Group And BarclayHedge Honor Managed Futures Leaders At Seventh Annual Managed Futures Pinnacle Awards

CME Group, the world's leading and most diverse derivatives marketplace, and BarclayHedge, recognized top managed futures industry leaders at the seventh annual Managed Futures Pinnacle Awards last night.

The winner of this year's Pinnacle Achievement Award is Andrew W. Lo, Chairman Emeritus and Senior Advisor at AlphaSimplex Group, LLC and the Charles E. and Susan T. Harris Professor of Finance, and the Director of the Laboratory for Financial Engineering at the MIT Sloan School of Management.

Lo is best known for his multidisciplinary approach to finance and his groundbreaking "adaptive markets" theory, which applies evolutionary principles to market dynamics. In 2010, he helped to establish the Office of Financial Research, an independent bureau within the U.S. Department of the Treasury which provides support and analysis to the U.S. Financial Stability Oversight Council. In 2012, he was named to Time magazine's "World's 100 Most Influential People" list.

Lo has published numerous articles in finance, economics, and biomedical journals, and is the author of several books, including "Adaptive Markets, Financial Evolution at the Speed of Thought" and "Hedge Funds: An Analytic Perspective." He is the co-author of "The Econometrics of Financial Markets, A Non-Random Walk Down Wall Street," "The Heretics of Finance," and "The Evolution of Technical Analysis."

Prior to MIT Sloan, he taught at the University of Pennsylvania Wharton School as the W.P. Carey Assistant Professor of Finance from 1984 to 1987, and as the W.P. Carey Associate Professor of Finance from 1987 to 1988. He holds a Ph.D. in economics from Harvard University and a bachelor's degree from Yale University.

More information about the awards and the winners, as well as a video about their achievements, can be found at www.mfpawards.com. The complete list of award recipients follows:  

Nominees were chosen based on quantitative data provided by BarclayHedge for the various award categories. All data was collected and analyzed by BarclayHedge. CME Group can neither verify nor negate the accuracy of the data used to calculate nominees and winners.