This inventor holds 1 USPTO granted patent and 1 published patent application. Top assignee: Blackrock Institutional Trust Company, N.a.. Active years: 2014.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2014
Title: Innovations by Wei Li: A Pioneer in Target Outcome Funds
Introduction
Wei Li is an accomplished inventor based in Berkeley, California. He has made significant contributions to the field of finance through his innovative patent related to target outcome funds. His work aims to enhance investment strategies by balancing risk and return effectively.
Latest Patents
Wei Li holds a patent for a target outcome fund, which mimics an option in an underlying risky asset by holding a mix of the risky asset and a low-risk asset. The fund is designed to periodically rebalance the relative amounts of these assets based on its performance. If the fund over-performs, the target outcome is increased to prevent excessive investment in the risky asset, thereby protecting the gains made. This innovative approach allows investors to manage risk while aiming for higher returns.
Career Highlights
Wei Li is currently employed at BlackRock Institutional Trust Company, N.A., where he applies his expertise in financial instruments and investment strategies. His role at BlackRock allows him to work on cutting-edge financial products that cater to a diverse range of investors.
Collaborations
Wei Li collaborates with various professionals in the finance sector, including his coworker Matthew Arnold O'Hara. Together, they contribute to the development of innovative financial solutions that address the needs of modern investors.
Conclusion
Wei Li's contributions to the field of finance, particularly through his patent on target outcome funds, demonstrate his commitment to innovation and excellence. His work not only enhances investment strategies but also provides valuable tools for managing risk in financial markets.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile