Combining factor investing and low carbon investing is particularly challenging since factor strategies often have higher carbon impacts than their cap-weighted benchmarks. Some providers claim that the best solution to this issue is to integrate low carbon analysis into the financial analysis. As a result, they do not make a distinction between the drivers of financial performance and the means to fight climate change. At a special webinar, we analyse how Low Carbon objectives can be reconciled with factor investing and demonstrate the need to keep these two objectives separate.
Overview
Combining factor investing and low carbon investing is particularly challenging since factor strategies often have higher carbon impacts than their cap-weighted benchmarks. Some providers claim that the best solution to this issue is to integrate low carbon analysis into the financial analysis. As a result, they do not make a distinction between the drivers of financial performance and the means to fight climate change.
At a special webinar to be held on January 13, 2020 at 11am EST, we will analyse how Low Carbon objectives can be reconciled with factor investing and demonstrate the need to keep these two objectives separate.
Topics covered include:
• Relevance of decarbonising multi-factor investments
• Design of a Low Carbon fiduciary option
• Risks and performance of a Low Carbon fiduciary option
Slides
To receive the slides from the webinar, please click here.
Hosts
The webinar was hosted by:
Frédéric Ducoulombier, ESG Director at Scientific Beta. From 2015 to 2019, Frédéric was in charge of risk and compliance for Scientific Beta having previously served EDHEC Business School’s risk and investment management research centre for ten years as the founding director of EDHEC Risk Institute’s executive education arm and of EDHEC Risk Institute–Asia. At EDHEC Business School, he also taught economics and finance, managed graduate programmes and served as Deputy Associate Dean of Graduate Studies and Deputy Associate Dean of Research and Development. His research and advocacy work has focused on the purported risks of exchange traded funds, the governance and transparency of financial indices, non-financial risks in the fund management industry, smart beta and factor investing and the integration of environmental, social and governance criteria into investment. He was a member of the Consultative Working Group of the European Securities Markets Authority’s Financial Innovation Standing Committee from February 2015 to January 2017. He holds a master’s in management from IESEG School of Management, a graduate certificate in East Asian Studies from a University of Montréal/McGill University program, and is a Chartered Alternative Investment Analyst® designee.
Erik Christiansen, ESG & Low Carbon Solutions Specialist at Scientific Beta. Erik was previously Deputy Director in the Intellectual Property division of the Caisse des Dépôts et Consignations (CDC), the French sovereign wealth fund, and Head of Investment Strategy with the Etablissement de Retraite Additionnelle de la Fonction Publique (ERAFP), the mandatory pension scheme for French civil servants, where he was responsible for a €1.7bn equity portfolio. A Norwegian national, Erik has a Master’s degree in Management from the ESCP Business School and is a CFA charterholder.
Date/Time
Monday 13 January, 2020 at 11.00am EST / 8.00am PST.