Lally School of Management

Inventor, Student Programs Leader, Hockey Player, and Naval Admiral Inducted into Rensselaer’s Alumni Hall of Fame

As Rensselaer Polytechnic Institute celebrates its Bicentennial, we reflect on the many great minds, pioneers, entrepreneurs, and game-changers who are Rensselaer alumni. In 1995, the Rensselaer Alumni Association, with the full endorsement of the Institute Board of Trustees, created the Rensselaer Alumni Hall of Fame to preserve and celebrate the exceptional heritage of alumni accomplishments throughout the years. Honorees are chosen by a selection committee based on reputation, professional achievements, service and career contributions, and uniqueness. Etched glass windows located centrally on the Rensselaer campus honor their accomplishments.

Rensselaer Researcher Overcomes Portfolio Optimization Limitations With New Approach

Optimizing an investment portfolio to maximize returns while minimizing risk is the ultimate goal for investors and their advisers. However, there is no set path and challenges always arise. One such limitation is the high-dimensional, small-sample problem (HDSS). HDSS refers to a portfolio with a large number of assets but little historical data, leading to unreliable portfolio optimization and resulting in weak investment performance.

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