Xiaowei Liang

Experience

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  China Everbright Bank

  Jun 2016 - Sept 2016

  Sales Consultant Intern

  Promoted 20 short-term bonds each week, provided clients comprehensive consultation based on their risk tolerance by questionnaire, maintained relationship with regular clients;Controlled credit risk by reviewing credit card applications and doing background checks with credit card center when necessary;Assisted 200 clients per week for basic account business - transactions, creating accounts, online banking services, treasury purchasing.

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  University of Minnesota

  Jul 2019 - May 2020

  Research Assistant

  Analyzed 400 pages stock trading records by data aggregation of financial mania-South Sea Bubble in 18th-19th century;Investigated the key words of reviews and opinions of specific editors about the Railway Mania in 1862-1866 on newspapers;Speculated the primary factors of Railway Mania based on history context.

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  University of Washington

  Oct 2020 - Jan 2021

  CFA Institute Research Challenge

  Forecasted a target price of COLM based on multiple valuation methods with 5 years data, including DDM, RIM, P/E, P/S;Analyzed strength scenarios of COVID-19 to the company qualitatively and provided the investment suggestion on COLM in a year;Collaborated with the team to conclude the investment position upon different factors: investment risk and ESG by reviewing historical financial data.

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  Massachusetts Pension Reserves Investment Management

  Jun 2021 - now

  Private Equity Replication ProjectReviewed and summarized academic literature regarding Private Equity Replication, collaborated with the team.Cleaned large data sets for signal processing and model estimation, validated the data via outlier detection methods, reduced data dimension via PCA, t-SNE and UMAP.Build PE-selected model with cross-sectional linear and logistic regressions to select most reliable features including EV/EBITDA and Market Capitalization, handled imbalance data.Asset Allocation ProjectUpdated the most current data, rearranged sub asset classes, backfilled historical returns using benchmarks;Simulated quarterly asset class returns for the next 10 years using Principal Component Analysis and Monte Carlo Simulation.Given pre-specified sets of weights, maximized probabilities of achieving thresholds of return and drawdown in the future with systematic experiment. Show less

  • Investment Analyst

    Apr 2022 - now

  • Research Team Intern

    Jun 2021 - Mar 2022