Political uncertainty, machine learning and financial market

The Centre for Accounting, Banking and Finance (CABF) parked under the Faculty of Business and Finance (FBF) organised a research talk on 11 January 2018 at Kampar campus. Dr Kam Fong Chan from the University of Queensland, Brisbane, Australia spoke about “Political Uncertainty, Machine Learning and Financial Market”. 

The talk aimed to enlighten the academics from FBF on the aspects of artificial intelligence, machine learning in financial services, market development as well as the implications of financial stability. Present at the talk were FBF Dean Dr Au Yong Hui Nee, Chairperson of CABF Dr Krishna Moorthy Manicka Nadar and other academics.

Dr Chan presenting his paper

Dr Kam spoke about the impact of political uncertainty in the financial markets of the United States of America. He presented a few research findings that showed how the uncertainty regarding the upcoming political elections affects the financial markets and the interest rates. On this topic, he explained that the measure of political uncertainty is referred as Political Uncertainty Index, which was recently published in major academic journals.

Dr Kam ended his presentation by discussing the impact of Artificial Intelligence (machine learning) on asset pricing in the financial markets and the future of finance professionals as a consequence of this development.  The talk concluded with Dr Kam fielding questions from the audience followed by a souvenir presentation from Dr Au Yong to Dr Kam. There was also a group photography session held. 

Dr Au Yong (left) presenting a souvenir to Dr Kam

FBF lecturers with Dr Kam (in middle)