Scientific Beta

While the popularity of factor investing in Developed Markets is very strong and investors recognise its importance to generate long-term outperformance, this is not necessarily the case in Emerging Markets, where investors tend to prefer active strategies based on concentrated portfolios. Is it the optimal way to invest in the region? And what about the impact on the investor’s carbon profile? Could you do better?

While the popularity of factor investing in Developed Markets is very strong and investors recognise its importance to generate long-term outperformance, this is not necessarily the case in Emerging Markets, where investors tend to prefer active strategies based on concentrated portfolios. Is it the optimal way to invest in the region? And what about the impact on the investor’s carbon profile? Could you do better?

In the first part of the presentation, we will demonstrate that factor investing can be effectively applied to Emerging Markets, reviewing the academic evidence supporting factor investing in Emerging Markets, and analysing the performance of Scientific Beta’s multi-factor strategies in Emerging Markets over the recent years. We will highlight the most important ingredients to construct robust systematic factor strategies in this region.

In the second part, we will focus on the carbon impact of such strategies, and how to deal with it. It is well known that multi-factor strategies that include the Value and Low Volatility factors have an increased carbon footprint. Moreover, Emerging Market economies are more carbon intensive and have higher exposure to fossil fuels than Developed Market ones. This creates additional challenges for factor investing in Emerging Markets and we will analyse how these climate-related hurdles can be overcome, without compromising the investment strategy’s performance drivers. 

Programme

Dates and Cities

Speakers

Erik Christiansen 

Erik Christiansen is Head of Investment Solutions with Scientific Beta. He was previously 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 implementing the equity and ESG strategies. He has also previously worked as a Methodology Coordinator and Analyst at Vigeo Eiris, the ESG rating agency. Erik holds a Master’s degree in Management from the ESCP Business School and is a CFA charterholder.

Marianne Piquerel 

Marianne Piquerel is Scientific Beta’s Head of Business Development for the DACH region, Benelux, France, and Southern Europe. Prior to joining Scientific Beta, Marianne had spent most of her career working in London and Paris for various investment banks s an Equity Derivatives Sales Manager for European clients. She began at BNP PARIBAS Arbitrage, working with structured products for clients in Southern Europe (ex-Spain), before joining Société Générale, Barclays Bank and Icap PLC in London. Marianne has a Master’s in Finance from ESCP Business School.

Registration

Should you wish to attend any of these presentations, or for further information, please contact Séverine Cibelly at severine.cibelly@scientificbeta.com or on +33 493 187 863.

Attendance at these events is complimentary but registration is required.