Scientific Beta

Felix Goltz, PhD, Research Director, and Dimitris Korovilas, PhD, Investment Product Specialist, at Scientific Beta, will present Scientific Beta’s equity inflation indices, the first in a series of macroeconomic factor indices that provide long-term equity performance with additional inflation protection compared to a traditional cap-weighted equity index. 

For investors seeking exposure to non-rewarded risk factors, such as macroeconomic factors, Scientific Beta is offering a new suite of macro indices designed to capture the equity risk premium with additional exposure to unexpected shocks or the surprises of targeted macro factors. 

In a P&I webinar entitled "Macro-Tilted Equity Indices: Protecting your Equity Portfolio against Inflation and other Macro Surprises" to be held on 9 February, 2022 at 2.00 pm EST / 8.00 pm CET, we will present Scientific Beta’s equity inflation indices, the first in a series of macroeconomic factor indices that provide long-term equity performance with additional inflation protection compared to a traditional cap-weighted equity index. Their high liquidity makes them ideal candidates as a replacement of cap-weighted indices in a multi-asset portfolio. We will also present equity indices targeting further macro variables (interest rates, term spread, credit spread).

Topics covered include:

• Reliable measurement of macroeconomic exposure (role of robust statistics and forward-looking information)

• Building dedicated macroeconomic portfolios that lead to stronger targeted macro exposures compared to a factor or sector allocation approach
• The financial characteristics of highly liquid investable inflation indices that can offer better protection against inflation surprises than a simple cap-weighted index
• Beyond inflation: Protecting portfolios against surprises in the interest rate, term spread, and credit spread

The webinar will be hosted by Felix Goltz, PhD, Research Director, and Dimitris Korovilas, PhD, Investment Product Specialist, at Scientific Beta.

Felix Goltz, PhD, is Research Director at Scientific Beta. He carries out research in empirical finance and asset allocation, with a focus on alternative investments and indexing strategies. His work has appeared in various international academic and practitioner journals and handbooks. He obtained a PhD in finance from the University of Nice Sophia-Antipolis after  studying economics and business administration at the University of Bayreuth and EDHEC Business School.

Dimitris Korovilas, PhD, is an Investment Specialist in the Business Development Division of Scientific Beta. Prior to joining Scientific Beta in 2019, he held a Vice President position in the Investment Strategies division of investment bank Citigroup. He has worked on a range of topics including equity factor indices, multi-asset risk premia, portfolio construction and volatility-based strategies. He holds a PhD in finance from the ICMA Centre, Henley Business School in the UK and a Master’s degree from the same school. His doctoral research has appeared in international academic journals.