News

The past winter term is over, and with it also the first iteration of our new module “Challenges in Quantitative Finance” of the FIM program at the TUM School of Management and the University of Bayreuth came to an end and culminated in the joint presentation day at the offices of Allianz Global Investors. Within the course, which was supervised by Tobias Lausser and Prof. Dr. Rudi Zagst and focuses on bridging practice and academia, three groups of students worked on highly relevant and open questions posed by our program’s partners from ERGO and Allianz Global Investors: The team at ERGO developed a domain-specific evaluation framework to systematically assess the performance of Large Language Models (LLMs) in the insurance industry and applied it to two use cases along the value chain of a primary insurer. The two teams at AGI focused on identifying financial signals with predictive power for asset returns and on investigating how those signals can be turned into actionable adjustments to tactical asset allocations relative to a strategic benchmark under several trading constraints. We thank our students and our partners, in particular Georgina Neitzel, Eduard Losing, Max Speck, Christian Pötz and Frank Hövermann for all the enlightening discussions and their commitment and already look forward to the next iteration of the module!