Scientific Beta

This webinar, taking place on Monday, 21 September, 2015 at 3pm CET and presented by Eric Shirbini, Global Product Specialist at ERI Scientific Beta, will introduce the high profitability and low investment factors.

The Quality Investing webinar will take place on Monday, 21 September, 2015 at 3pm Central European Time (9am Eastern Standard Time).

Asset managers and index providers are increasingly touting the benefits of quality investing. Such strategies tilt portfolios to "high quality" stocks, as characterised for example by high profitability, stable earnings or low leverage, which are some of the variables used in practice. However, asset managers and index providers do not use a common definition of "quality," and a large variety of approaches exist.

For academics and defenders of a beta, rather than an alpha approach, which is, in our view, the only one compatible with index investment, "quality" refers to a whole new dimension: the factor approach. It is not about finding quality stocks that are possibly undervalued but about being exposed to stocks that present particular risk profiles that are well-rewarded in the long run.

This concept will be addressed at the webinar, which will examine the following questions:

• What does Quality Investing mean? Why is Scientific Beta introducing a new way of investing in quality? What are the limitations of the current approach?
• If Quality investing really does boil down to exposure to more than one systematic risk factor how are these factors defined and what exactly is the economic rationale behind them?
• Is there too much overlap between Value, Low Investment and High Profitability?
• To what extent can these factor premia be delivered in practice and how can you ensure that the resultant factors are investable?
• Which factors are underlying investing in quality? Which one is recommended?
• Is the factor-based approach indeed superior to what other index providers currently offer?

The webinar will be hosted by Eric Shirbini, Global Product Specialist at ERI Scientific Beta.

Please note that participation in the webinar is by invitation only. To request an invitation, please contact Amandine Badel at amandine.badel@scientificbeta.com or on +33 493 183 480, or visit the dedicated registration website. There is no charge for participating in the webinar.