Allan M. Malz

Allan M. Malz is an investment consultant, and the author of Contemporary Finance: Money, Risk, and Public Policy (Wiley, forthcoming), an introduction to finance and economics geared toward understanding the succession of crises of recent decades and the monetary and regulatory policy responses to them.

Malz has been chief risk officer at several multi-strategy hedge fund management firms. He began his career at the Federal Reserve Bank of New York as a researcher and foreign exchange trader, before heading the research effort at the RiskMetrics Group. Returning to the New York Fed from 2009 to 2014 as a vice president in the Markets Group, Malz helped implement TALF, a Fed emergency liquidity program addressing the financial crisis. His work on forecasting financial crises, risk measurement for options, and market forecasts of future asset prices has been published in industry and academic journals. He is the author of Financial Risk Management: Models, History, and Institutions (Wiley, 2011). Malz holds a Ph.D. from Columbia University and a Diplom from Ludwig-Maximilians-Universität München.