Hear Jason Hsu discuss the relationship between smart beta and factor investing, how to define the key risk factors driving returns in global financial markets, the behavioral factors driving anomalous returns, and more.
Hosted by CFA Institute – CFA
Jason Hsu, PhD, founder and chief investment officer of Rayliant Global Advisors, will speak on smart beta and factor investing. Dr. Hsu also co-founded Research Affiliates, which was among the first developers of smart beta indices. Passive investing has grown by more than sixty times in the last twenty years to about US $4.7 trillion in assets under management. About 20% of these assets are in the smart beta space.
Questions to be addressed in this webinar include:
- What is smart beta and how should we think about smart beta investing?
- What are factors and how should we think about factor investing?
- What is the relationship between smart beta and factor investing?
- How should we define the key risk factors driving returns in global financial markets and the behavioral factors driving anomalous returns?
- How do we measure factor premia?
- How do we effectively implement a factor and smart beta investment strategy?
Jason Hsu, PhD
Jason Hsu is founder and chief investment officer of Rayliant Global Advisors, a Hong Kong–based investment management group specializing in Greater China equity strategies. He co-founded Research Affiliates, an investment manager specializing in smart beta indexes and asset allocation. In addition, Mr. Hsu is an adjunct professor in finance at the UCLA Anderson School of Management in the US, and a visiting professor at Kyoto University and National Chengchi University. He is on the editorial board of the CFA Institute Financial Analysts Journal®, the Journal of Investment Management, the Journal of Investment Consulting, and the Journal of Index Investing. Mr. Hsu has authored more than 40 journal articles and is a contributing author for eight handbooks in finance and economics. He has won two Graham and Dodd Scroll Awards from the Financial Analysts Journal, two Bernstein Fabozzi/Jacobs Levy Outstanding Research Awards, and three William Sharpe Best Research Awards. Mr. Hsu has been recognized by Institutional Investor as one of the 20 rising stars of the industry. He also co-invented the Fundamental Index, which won best index from Global Pensions magazine for three consecutive years. Mr. Hsu received a bachelor of science degree from Caltech, a master of science degree from Stanford University, and a PhD in finance from the UCLA Anderson School of Management.
Shreenivas Kunte, CFA, is director of content at CFA Institute, where he contributes financial market insights about India and the developed world. Previously, he taught at and managed SP Jain’s Trade and Applied Research lab, which he helped found. Kunte also served as a country trading strategist at Citigroup’s Tokyo office. He actively contributes to the development sector in India and is an external research scholar at the Indian Institute of Technology Bombay.
Please register here
CFA CE credit hours
If you are a CFA Institute member, CE credit for your participation in this program will be automatically recorded in your CE tracking tool. This program qualifies for 1.0 CE credit hours.