Scientific Beta

A complimentary webinar to be held on Thursday 3 April, 2014, hosted by Dr. Lionel Martellini, Senior Scientific Advisor of ERI Scientific Beta, and Scientific Director of EDHEC-Risk Institute, addressing the limits of cap-weighted equity benchmarks, and the approaches which can be followed to build improved equity benchmarks with a focus on systematic vs. specific risks.

The webinar, entitled "Reconciling Risk Allocation and Smart Factor Indices", will take place on Thursday, 3 April, 2014 from 2.30pm-4pm CET and will address the limits of cap-weighted equity benchmarks, and the approaches which can be followed to build improved equity benchmarks with a focus on systematic vs. specific risks.

Conducted by Dr. Lionel Martellini, Senior Scientific Advisor of ERI Scientific Beta, and Scientific Director of EDHEC-Risk Institute, the webinar will show that smart beta indices can be reconciled with risk factor allocation and will explain how improving upon the poor diversification of systematic and specific risks by cap-weighted indices requires the use of multiple smart factor-tilted indices, known as smart factor indices.

The presentation will also look at how to reconcile factor risk parity constraints and optimal smart beta allocation in a long-only context, the exploration of which has been the object of significant research efforts within EDHEC-Risk Institute.

The following topics will be covered during the webinar:

• From cap-weighted indices to smart factor benchmarks
• Benefits and risks of smart beta benchmarks
• Factor allocation with multi smart beta benchmarks

To apply for registration, please visit the dedicated registration website: www.regonline.com/webinar_030414. There is no charge for participating in the webinar.

For any additional information, please contact Séverine Anjubault at severine.anjubault@scientificbeta.com or on +33 493 187 863.