Suggestions
Ram Kelkar
Principal and Managing Director - Capital Markets Group at Milliman Financial Risk Management LLC
Ram Kelkar is the Global Head of the Capital Markets Group at Milliman Financial Risk Management LLC, overseeing the trading teams in Sydney, London, Amsterdam, and Chicago handling equity, securities, and derivatives trading for investment advisory clients.
Milliman FRM, a prominent player in financial risk management for the retirement savings industry, manages about $150 billion USD in global assets as of 2020, offering services in investment advisory, hedging, and consulting.
Ram's expertise lies in risk management, life insurance liability hedging (including VA and FIA hedging), managed volatility funds, ALM, derivatives overlay management, LDI, and ETF strategies, including market making and defined outcome portfolios.
With an educational background from institutions like The Wharton School, University of Wisconsin-Madison, and IIT Bombay, Ram Kelkar brings a wealth of knowledge and experience to his role as Managing Director of the Capital Markets Group at Milliman FRM.
Highlights
At the Harvard India Conference, the Wall Street Journal's Sadanand Dhume did a brilliant job of explaining the difference between an electoral democracy and a liberal democracy.
TL;DW summary - many people in India are genuinely bewildered by the decline in India's ranking on democracy indices, which is understandable because if you live in India, it kind of feels like there's an election going on all the time!
Democracy rankings and what the average Indian thinks of as democracy are not the same thing. What these indices are trying to measure is a specific form of democracy, which is liberal democracy - institutions that are designed to check the excesses of government power. Mr. Dhume’s view is that in India at the present time, there is a ruling ideology that is uncomfortable with some of these aspects of liberalism. Mr. Shah takes the opposite side of this debate essentially arguing that the voters are getting what they want. The multiple views expressed make for a fascinating window into the current and future state of Indian democracy.
#india #democracy #harvarduniversity
