Deconstructing Beta: From Broad Beta to Factor Beta
Date: Thursday, April 13, 2023
Factors are Alpha determinants. It is important to understand how Factors influence broad benchmarks and how different Factors can be used to align with pension plan maturities and their solvency.
Now that investors are in a higher interest rate environment, it is important to re-evaluate Factor suitability in different economic conditions.
Our panelists will analyze broad Beta benchmark returns to assess which Factors have driven returns at different points in economic cycles. The discussion will cover Factor persistence and its suitability as an Active mandate for long-term allocations and the effective execution through Exchange Traded Funds.
Jin Yan, CFA, Director, Portfolio Strategy, CIBC Capital Markets
Ian de Verteuil, Managing Director & Head, Portfolio Strategy, Global Markets, CIBC Capital Markets
Chris Heakes, CFA, M.Fin, Head, Disciplined Equity, Portfolio Manager, BMO Exchange Traded Funds
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