Barclays (wealth & investment)
Milica Fomicov joined Barclays in 2011, and covers US and Japanese equities fund research for the wealth & investment division.
Formica was formerly a senior associate with Alliance Bernstein in the US designing investment portfolios for high net worth clients, where she also worked on asset allocation and forecasting models.
Milica received an MBA in Finance, Economics, Econometrics and Statistics from the University of Chicago Booth School of Business.
Had she not worked in asset management, Fomicov believes she would have entered academia. ‘I would have been a university professor, teaching international economics. I love conducting research in this discipline, and the ability to teach and influence students would be very rewarding.’
Within her work, Fomicov says that asset managers need to do more to recognise their limitations. ‘Alpha potential becomes muted after a significant growth in assets under management, and we are very restricted to only investing in large strategies with a standard approach, we do not have that limitation with segregated multi-manager mandates,’ she says.