CFA Society Melbourne

Lunchtime Presentation | Long Horizon Investment Dynamics: Theory and Empirical evidence

The phenomenon that forecast power for future returns increases with the time horizon is well established in the academic literature since the 1980’s.  Curiously, this dynamic has not found its way into mainstream asset management. We discuss both why this exists theoretically, how to test for it empirically, and then leap beyond the literature by operationalising it.  The result is a unique investment process.

When: Thursday, 29 October 2015
Where: BlackRock, Level 26, 101 Collins St, Melbourne
Time: 12.30 – 2pm (a light lunch will be provided)
Cost: $15 members, $25 Q Group/Actuarial and $35 non members
RSVP: Tuesday, 27 October, 2015

To register for this event, click here.

For any enquiries, please contact Emma Phillips, events@cfas.org.au

Dr Stephen Fisher, Principal, Chairman and Chief Investment Officer

    Stephen Fisher Stephen Fisher was appointed as Chairman and Chief Investment Officer of First Degree Global Asset Management Pte. Ltd. upon its formation in 2011.

Stephen has had twenty years experience as an investment professional with leading investment management groups in the United States, Asia and Australia. Formerly, the Head of Global Fixed Income Product – Asia Pacific at JPMorgan Asset Management, Stephen has also held the positions of Australian Head of Capital Markets Research and Asia Pacific Regional Head of Capital Markets Research at J.P. Morgan Investment Management, Inc.

Stephen’s particular areas of expertise have been in quantitative analysis and in Central Bank reserves management. His research on reserves management issues has been widely published in academic and industry journals.

Stephen has a Master of Science (Finance) and a PhD (Finance) from the WE Simon Graduate School of Business Administration, University of Rochester, New York and a Bachelor of Economics (First Class Honours) from the University of Sydney.

 

Sponsored By

afm