Chinese Finance Association of America (CFAA) invites you to join us for

Fundamental Mortgage Investment Workshop

Featuring

Qi David Tang, CFA

Vice President and Quantitative Analyst

Global Rates, Neuberger Berman

Chantal Zhang, CFA

Vice President and Research Analyst

Mortgage Credit, Neuberger Berman

Program Description: Mortgages, the fixed income asset class known for its complexity and opacity, was often at the center of the storm in every past credit cycles. Non-agency mortgages were also the catalyst for the 2008 Great Recession. How professional investors analyze them? What are the risks? Why it is hard to predict its behavior? What role did it play in the last recession? What are the quantitative and fundamental analysis tools investors use? How does it fit into a portfolio? Where is the asset class going with all the actions from the Federal Reserve, the legislation and the administration? As part of CFAA’s investment management event series, this workshop is designed to cover these topics related in a highly interactive and detailed fashion.

Thursday, April 17, 2014

5:00 p.m. – 8:00 p.m.

The Union League Club of Chicago

Tudor Room 710, 7th Floor

65 West Jackson Blvd

Chicago, Illinois

Agenda

5:00 – 6:00pm Registration

6:00 – 8:00pm Workshop including Q&A

Speaker's Bio

Qi David Tang, CFA, Vice President, Neuberger Berman. David is a Quantitative Analyst on the Global Rates team. He also co-manages the firm's Investment Grade index portfolios. Before joining the firm, David was a risk analyst at Fannie Mae responsible for hedging the rate risk of Fannie Mae's retained mortgage portfolio. Previous experience includes working as a quantitative analyst at Allstate Investments and ABN AMRO. David earned an MBA from the University of Chicago, two other Master degrees in Economics and in Computer Science, respectively, and a BA from Renmin University of China. David is currently a member of the CFA Institute and CFA Society of Chicago. David is a Director of the CFAA Board of Directors.

Chantal Zhang, CFA, Vice President, Neuberger Berman. Chantal is a research analyst on the Mortgage Credit Team. Her prior experience includes working with Claymore Securities as an analyst. She earned a MS in Financial Markets from Illinois Institute of Technology and a BS in Computer Science from the Beijing Institute of Technology. Chantal is currently a member of the CFA Institute and CFA Society of Chicago.