intensifying concentration in recent years has made the search for
alpha in the large cap market significantly more difficult. Certain
macro trends have eclipsed business fundamentals as drivers of
investment decisions, and a small set of the largest stocks have
primarily driven index performance as a result.
believe a return to more historic norms for performance drivers is on
the horizon given the patterns we have seen in the data from past
decades. As investors re-evaluate their investment strategies in today's
uncertain world, a more rational consideration of business fundamentals
and value criteria to inform decision making should prevail. Please
join portfolio manager Vladimir De Vassal for this timely discussion.
Vladimir de Vassal, CFA,
serves as Lead Portfolio Manager and Director of Quantitative Research
for Glenmede Investment Management LP. Mr. de Vassal and his team manage
quantitatively based equity portfolios, including several mutual funds
and long/short strategies. He is responsible for the creation of our
entire suite of quantitative investment offerings.
Mr. de Vassal joined The Glenmede Trust Company, N.A. (GTC) in
1998 after serving as Vice President and Director of Quantitative
Analysis at CoreStates Investment Advisors and as Vice President of
Interest Rate Risk Reporting/Analysis at CoreStates Financial Corp. At
GTC, he has provided proprietary research and analytical support to
domestic and international funds, private equity, The Pew Charitable
Trusts and high net worth clients.
highest honors from Drexel University in 1982, Mr. de Vassal received a
B.S. with dual majors in finance and accounting. At that time, he was
given the Outstanding Student in Accounting and Finance Award. He
received an M.B.A. from Drexel University in 1987. In 1992, he earned
the Chartered Financial Analyst (CFA) designation.
Vassal is the fifth recipient to be awarded the Lipper Award for
Excellence in Fund Management, a designation which recognizes
outstanding managers who have delivered consistently strong
risk-adjusted returns to their investors and, in the opinion of Lipper's
research analysts, represent the best of the fund industry. Val is a
three-time winner of the Philadelphia Prize awarded by the Financial
Analysts of Philadelphia for articles addressing investment insight. In
addition, Mr. de Vassal has published extensively in periodicals such as
Barron's, The Wall Street Journal, The Journal of Wealth Management,
The Journal of Portfolio Management, Worth and The Journal of Fixed
Income. He is a frequent speaker at investment conferences and
universities, including the Wharton School at the University of
Pennsylvania, Princeton, Penn State and Drexel.
CFA Society Members (all societies): Free of charge
University Students: Free of charge
A link to the webinar will be sent to you the day before the event.