Investment Factors: Past, Present and Future
Investment factors, or broad and persistent sources of return, have attracted investors’ attention in the 21st century. In his presentation, Andrew Ang, PhD, will talk about the role of macroeconomic and style factors in developing and managing investment portfolios. Dr. Ang will talk about the role of macroeconomic factors, such as the pace of economic growth and the rate of inflation, in explaining returns across asset classes such as equities or bonds. He will also discuss the role of style factors, such as value and momentum, in driving returns within the asset classes. Andrew Ang will share with the audience his views on the use of factors as a lens to view the world, as a framework for portfolio design, and as a tool for unlocking potential returns.
About the Speaker
Andrew Ang is the Head of Factor Investing Strategies at BlackRock. He coordinates BlackRock’s efforts in factor investing. Dr. Ang leads BlackRock’s Factor-Based Strategies Group which manages macro and style factor multi-asset funds. The group optimizes factors to help meet investment outcomes, such as retirement savings, factor advisory mandates and bespoke factor solutions, and develops factor analytics tools leveraging BlackRock’s Aladdin platform.
Throughout his career, Dr. Ang has focused on identifying and harvesting factor risk premiums within and across asset classes. Before joining BlackRock in 2015, Dr. Ang was Chair of the Finance and Economics Division and the Ann F. Kaplan Professor of Business at Columbia Business School. He has published widely on equities, fixed income, asset and factor allocation, and alternative assets. His book, “Asset Management: A Systematic Approach to Factor Investing” is a comprehensive guide showing how factor risk premiums can be harvested in portfolio design and incorporated in all aspects of investment management. As a professor, Dr. Ang worked with several large institutional managers as an advisor and consultant.
Dr. Ang earned a BEc(Hons) degree in actuarial studies from Macquarie University, and a PhD in finance and MS in statistics from Stanford University.
Please note, attendees are asked to bring their own lunches.
There is no charge for Members for this event, however registration is required since space is limited.
Putnam Investments Auditorium
100 Federal Street
Ground Floor - Enter Through Federal Street Side
Boston, MA 02110
Registration is complimentary for members.
CE CreditCFA Boston has determined that this event qualifies for 1 CE credit hour under the guidelines of CFA Institute's Continuing Education Program. If you are a CFA Institute member, CE credit for your participation in this event will be automatically recorded in your CE tracking tool.