Matthew Rothman to Join Acadian

Acadian Asset Management LLC has named Matthew S. Rothman as Director of the firm’s Top-Down Research effort, effective September 2011.

In this role, Rothman will manage the team responsible for the firm’s quantitative, equity-oriented top-down models. He will be a member of Acadian’s senior investment leadership team and report to Chief Investment Officer, John Chisholm.

Rothman served as a Managing Director and Chief Global Quantitative Equity Strategist at Barclays Capital, and held the same position at Lehman Brothers prior to its purchase by Barclays Capital in September 2008. He previously held similar roles at Sanford C. Bernstein and Goldman Sachs Asset Management. Rothman earned his Ph.D. in Finance from the University of Chicago, Graduate School of Business, his M.A. in Statistics from Columbia University, and his A.B. in Philosophy from Brown University.

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“Matthew brings to our firm a deep interest in top-down and macro models, along with a wealth of experience with bottom-up stock selection frameworks,” said Chisholm.  “We believe that this experience will make him very effective at integrating his top-down work with Acadian’s bottom-up research effort that will be led by Malcolm Baker and Wes Chan.”

Still River Releases New Version of RetirementWorks II

Still River Retirement Planning Software, Inc. has launched a simplified, free version of its RetirementWorks II financial software for retirees and near-retirees.

Still River says this new version has been stripped down from the original software to what it calls the ‘essentials’. It offers advice on almost two dozen financial issues that people in this age group often face. The program takes into account assets, debts, income sources, household expenses, insurance, benefits, health, and financial needs at death when making its recommendations.

People approaching retirement, or those who have already retired, can try the free version here. After entering their information, they will be given a link to the Web-based software, along with a User ID and Password. Those who want to upgrade to the complete system can link back to the RetirementWorks2 Web site to do so.

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“The simplified version is suitable only to give people a general idea of where they stand and what they should do,” said Chuck Yanikoski, President of RetirementWORKS, Inc. “We encourage those who use it to consider upgrading to the complete version.” Yanikoski has said that a holistic approach to retirement planning is best (see “It Takes a Village“).

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