Michael Markov

Michael Markov is co-founder and chairman of Markov Processes International, Inc. (MPI). Recognizing the power of quantitative analysis for investors, in 1992 he led the development of the industry’s first returns-based style analysis (RBSA) application based on William Sharpe’s groundbreaking methodology. Continuing this spirit of innovation, he co-authored Dynamic Style Analysis (DSA), a significant advancement to legacy returns-based modeling techniques for investors seeking the most precise analysis of managed investment products and portfolios. Being an industry expert in quantitative analysis, Mr. Markov is a frequent speaker at investment management forums around the globe on fund performance attribution, due diligence and monitoring, investment risk management and hedge fund analysis. His thoughts and opinions are regularly sought by leading financial press. Mr. Markov is a mathematician by training and has published papers on investment style and performance analysis, quantitative modeling of investments and advanced hedge fund replication. Mr. Markov started his professional career in Ukraine, where he taught Mathematics, and in 1987-88 developed statistical software for the Russian Academy of Sciences. He holds an MS in Mathematics from Kharkov State University, Ukraine.