Company Filing History:
Years Active: 2010
Title: Innovator Spotlight: David Shen and His Contributions to Asset Index Tracking
Introduction: David Shen, an inventive spirit based in Short Hill, New Jersey, has made significant strides in the field of financial technology. With one active patent to his name, Shen is recognized for his innovative methods aimed at enhancing asset index tracking for investors. His work contributes to optimizing how investment portfolios align with selected asset indices.
Latest Patents: David Shen holds a patent for "Methods for Asset Index Tracking." This innovative disclosure outlines an apparatus, methods, and systems that facilitate efficient asset index tracking. Through his invention, the asset index tracker aligns investor portfolios with selected asset indices, allowing for automated portfolio management. By comparing an investor's holdings against a predefined index, the tracker offers tailored recommendations for portfolio rebalancing at specified intervals. This system not only maximizes alignment with market indices but also calculates correlation and estimated tracking error to ensure effective portfolio performance.
Career Highlights: David Shen's professional journey includes his impactful role at Merrill Lynch & Co., Inc., where he continues to innovate in the finance sector. His extensive experience positions him as a valuable asset in the industry, focused on bridging technology and investment strategies to deliver optimal client services.
Collaborations: Throughout his career, Shen has collaborated with esteemed colleagues such as Michael A. Sullivan and Philip Fischer. These partnerships not only enhance his innovative work but also reflect a commitment to excellence and collaboration within the financial services arena.
Conclusion: David Shen stands out as a noteworthy inventor whose patent for asset index tracking signifies a forward-thinking approach in finance. His contributions to optimizing investment strategies through technology underscore the evolving landscape of financial management. As he continues his work at Merrill Lynch, his innovative spirit will likely yield further advancements in asset management, benefiting investors seeking more efficient portfolio solutions.