By Carolyn Gray Anderson
If the audience that attended the UCLA Anderson Master of Financial Engineering commencement ceremony seemed small, it’s in part because the 64 graduates in the Class of 2016 represent 19 different countries —so, many of them are far away from the family, friends and colleagues forming their wider circle of support. To that end, the ceremony is webcast so people overseas can watch in real time.
Tad Rivelle (MBA ’90), TCW’s group managing director and chief investment officer – fixed income, was invited to address the Class of 2016. Finance, he said, is “a market-based coordinated effort” that serves as the “brains of capitalism.” He reminded the newly-minted quants that “markets are a reflection of ourselves, both rational and irrational,” and finance is “not a game you play with other people’s money.” Rivelle is among the most accomplished investment managers to graduate from UCLA Anderson.