Stellar performance of global small caps since 2011 has increased investors’ attention on this segment of equity markets
Dedicated institutional US and global small cap mandates have grown in number and AUM over the past few years in the pursuit of risk-adjusted returns and diversification benefits
Investors might be ignoring 13% of the investment universe unintentionally, paying significant consequences in terms of performance and consumption of a substantial amount of the risk budget
Still, a number of puzzles and/or misconceptions continue to plague the space… we show that contrary to the “conventional wisdom”
Global small caps aren’t really more complex, expensive and less liquid than other segments of the equity markets
Not all global small caps are truly domestic, understanding the economic exposure of companies may add significant value to the global small cap investment process
Speaker Name: Raina Oberoi, MSCI
Raina is a Vice President in the Index Applied Research team in New York. She focuses on conducting research and working closely with clients to help them make investment decisions with respect to MSCI products. Raina has been in the investment industry for 10 years. Prior to MSCI, Raina was an index trading strategist at Morgan Stanley.
Raina comes with a Bachelor of Science in Finance and an MBA from Columbia Business School. She is also a Trustee for the Oliver Scholars Program.
Date: Wednesday, February 4, 2015
Place: Rideau Club, 99 Bank Street, 15th floor
Time: 11:45 Registration
12:15 Lunch starts
Dress: Business dress.
RSVP: Deadline for registration is Friday January 30, 2015 on a first-come, first-served basis. Space is limited.
Note: This presentation is eligible for 1 credit hour for CFA Professional Development (PD) qualified activity.
Paul Baron, CFA Wesley Blight, CFA
CFA President Program Chair