Scientific Beta

Lionel Martellini, Senior Scientific Advisor of ERI Scientific Beta, Scientific Director of EDHEC-Risk Institute, and Professor of Finance at EDHEC Business School, was recently invited to participate in the CFA Society of the UK’s annual conference held on 20 June, 2013 in London, where he made a presentation on "The Alpha, (Smart) Beta and Omega of Equity Investing".

Lionel Martellini, Senior Scientific Advisor of ERI Scientific Beta, Scientific Director of EDHEC-Risk Institute, and Professor of Finance at EDHEC Business School, was recently invited to participate in the CFA Society of the UK’s annual conference held on 20 June, 2013 in London. 

The theme of this year’s conference was "Challenging investment orthodoxy – questions on correlation, diversification and portfolio construction".  Topics discussed at the event included: 

• Portfolio construction based on diversified risk factors
• The outperformance of low volatility stock anomaly
• The fallibility of benchmarks 

Dr. Martellini’s presentation entitled, "The Alpha, (Smart) Beta and Omega of Equity Investing" provided a comprehensive overview of smart beta strategies. 

An interesting article, "Can Passivity Be Enhanced? Why Smart Beta Strategies Are Suddenly in Vogue", published on 14 August, 2013 on the CFA Institute website, includes a detailed summary of Dr. Martellini’s talk at the event.