STAMFORD, Conn.--(BUSINESS WIRE)--Dean Maki will join Point72 Asset Management, L.P. (Point72), as Chief Economist, Point72 President Doug Haynes announced today.
Mr. Maki, who will begin at the Firm in February, will be responsible for analyzing and forecasting the U.S., Asian, and European economies and monetary and fiscal policies. He will report to Ben Cohen, Point72’s Chief Administrative Officer.
Before joining Point72, Mr. Maki held senior roles at several of the world’s premier financial institutions.
He was Managing Director, Chief U.S. Economist, at Barclays from 2005 to 2014 and previously worked as a Vice President of Economic Research at JPMorgan Chase, responsible for forecasts of Federal Reserve policy, the federal budget, and Treasury debt issuance. Earlier in his career, he worked as a U.S. economist at Putnam Investments and the Federal Reserve Board, where his research focused on the relationship between household balance sheets and consumer spending. Mr. Maki earned his PhD in economics from Stanford University and is the recipient of a Fulbright Scholarship.
“Dean is extremely talented and well-regarded in the industry,” said Mr. Cohen. “He is another strong addition to our Firm and management team and reflects our commitment and ability to attract the industry’s top talent.”
“Point72 arms our portfolio managers with the best available analysis for making investment decisions,” Mr. Haynes said. “Dean’s intellectual firepower strengthens Point72’s arsenal.”
“This is a terrific opportunity to bring my skills and experience to one of the nation’s premier investment firms,” Mr. Maki said. “I am thrilled to join a firm that makes its commitment to excellence and integrity as powerfully as Point72 does. I look forward to working alongside Steve Cohen and his team of extraordinarily successful investment professionals.”
Mr. Maki’s work has been widely recognized for its excellence. He was awarded the 2013 Lawrence R. Klein Award for Blue Chip Forecast Accuracy for being the most accurate overall forecaster of the U.S. economy from 2009 to 2012, finishing ahead of approximately 50 of the nation’s top economic forecasters. Bloomberg News named him the most accurate forecaster of U.S. GDP in 2009 and of CPI and PPI inflation for 2008 to 2010.
Mr. Maki is a member of the Economic Club of New York, served as President of the New York Association for Business Economics from 2012 to 2013, and is the President of the Forecasters Club of New York. He is the author of many articles on economic trends and his research has been published in a number of academic journals.
About Point72 Asset Management
Point72 Asset Management is a family office managing the assets of its founder, Steven A. Cohen, and eligible employees. Point72 primarily invests in discretionary long/short equities and makes significant quantitative and macro investments. The Firm's long/short investment divisions are Point72 Asset Management and EverPoint Asset Management. Cubist Systematic Strategies is its quantitative business and Rubric Capital is its deep value, multi-strategy business. The Firm is headquartered in Stamford, Connecticut, and maintains offices in New York, Hong Kong, Tokyo, and Singapore. Point72 Asset Management, L.P. is a family office and does not seek, solicit or accept any external investments.