Fred Fraenkel - Cowen Vice Chairman of the Board

COWNLDelisted Stock  USD 25.22  0.00  0.00%   

Chairman

Mr. Fred S. Fraenkel is Vice Chairman of the Board of the company. Prior to joining Cowen Mr. Fraenkel was President of Fairholme Capital Management and Chief Research Officer since 2011. Prior to Fairholme Mr. Fraenkel was ViceChairman and Chairman of the Investment Policy Committee of Beacon Trust Company. Mr. Fraenkel founded Millennium 3 Capital in 2000 a venture firm specializing in early stage companies and served as Chairman until 2009. Prior to that he served as Vice Chairman of ING Barings Furman Selz and Chief Operating Officer of Furman Selz. Prior to Furman Selz Mr. Fraenkel spent seven years at Lehman Brothers where he was a Managing Director and Director of Global Research. Prior to Lehman Brothers Mr. Fraenkel was Chairman and Chief Executive Officer of Market America Group an investment advisory firm. He also spent four and a half years as Director of Equity Research and a member of the Board of Directors at Prudential Securities. Mr. Fraenkel began his Wall Street career in 1974 as a securities analyst with Goldman Sachs and was Chief Investment Strategist for E.F. Hutton in 1982. Mr. Fraenkel received a B.S. in Economics and Finance from Lehigh University and an M.B.A. from the Wharton School University of Pennsylvania. He is past Chairman of the Board of Advisors of the College of Business and Economics of Lehigh University since 2016.
Tenure 8 years
Phone212-845-7900
Webhttp://www.cowen.com
Fraenkel was also a member of Barron yearend roundtable from 19821985.

Similar Executives

Found 3 records

CHAIRMAN Age

Robert BoughnerSouthwest Gas Holdings
68
Michael MelarkeySouthwest Gas Holdings
70
Alexander JongweAris Water Solutions
N/A
Cowen Group, Inc. is a publicly owned asset management holding company. Cowen Group, Inc. was founded in 1994 and is headquartered in New York, New York with additional offices in Boston, Massachusetts, Chicago, Illinois, Cleveland, Ohio, Dallas, Texas, and San Francisco, California. Cowen is traded on NASDAQ in USA. Cowen Group (COWNL) is traded on NASDAQ Exchange in USA and employs 843 people.

Cowen Group Leadership Team

Elected by the shareholders, the Cowen's board of directors comprises two types of representatives: Cowen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cowen. The board's role is to monitor Cowen's management team and ensure that shareholders' interests are well served. Cowen's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cowen's outside directors are responsible for providing unbiased perspectives on the board's policies.
Fred Fraenkel, Vice Chairman of the Board
Dan Schnurman, Managing Director
Peter Cohen, CEO and Chairman
Townsend Ziebold, Managing Director
Michael Page, COO - International Business
Katherine DietzeCourage, Independent Director
Owen Littman, General Counsel and Secretary
Joseph Wright, Independent Director
Douglas Rediker, Independent Director
Steven Kotler, Independent Director
Brett Barth, Independent Director
David Bohn, Managing Director
Michael Singer, CEO and President of Ramius
J FARLEY, IR Contact Officer
Jack Nusbaum, Independent Director
Larry Leibowitz, Independent Director
Jeffrey Solomon, President, CEO of Cowen and Company, LLC, and Director
Ann Neidenbach, CIO
Jerome Markowitz, Lead Independent Director
Margaret Poster, Independent Director
Tim Meyer, Managing Director
Katherine Dietze, Independent Director
Stephen Lasota, CFO
John Holmes, COO

Cowen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cowen a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cowen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cowen's short interest history, or implied volatility extrapolated from Cowen options trading.

Pair Trading with Cowen

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cowen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cowen will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cowen Stock

  0.86SFB Stifel FinancialPairCorr
  0.68MGRB MGRBPairCorr
  0.63MGR Affiliated ManagersPairCorr
  0.61LTSL Ladenburg ThalmannPairCorr
The ability to find closely correlated positions to Cowen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cowen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cowen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cowen Group to buy it.
The correlation of Cowen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cowen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cowen Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cowen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in Cowen Stock

If you are still planning to invest in Cowen Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cowen's history and understand the potential risks before investing.
Stocks Directory
Find actively traded stocks across global markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments