Next Boston QWAFAFEW Meeting: Mar 16, 2021, 7:00PM ET
Beyond Diversification – Insights on Asset Allocation
A QWAFAFEW discussion led by,
Sébastien Page, CFA
This presentation will cover topics from Sebastien Page’s recently published book titled “Beyond Diversification” (McGraw Hill, 2020). Sebastien will discuss important topics on asset allocation including return and risk forecasting, portfolio construction, fat tails, and the failure of diversification.
“Sébastien Page presents an eclectic blend of theory, anecdotes, and common sense to describe the best practices of investment management. His mastery of the topic, along with his considerable wit, make for a very entertaining way to learn serious finance. Read this book, and without doubt, you will become a wiser investor.”
—Mark Kritzman, President and CEO, Windham Capital Management, Senior Lecturer in Finance, MIT Sloan School of Management, and Author of A Practitioner’s Guide to Asset Allocation
“This is a wonderful book. It represents an authoritative survey of a broad range of recent research on related topics of asset allocation, risk measurement and return forecasting with an emphasis on its practical application in asset management. It is thoughtful, well written and surprisingly entertaining. The author is a thought leader in this area and his book is a very important contribution.”
—Stephen Brown, Emeritus Professor of Finance, NYU Stern School of Business, and Executive Editor, Financial Analysts Journal
“Sébastien Page presents a rigorous but easy to digest guide to the basics of asset allocation. Whether you invest for fun or profit, his framework for forecasting risk and return to build portfolios will resonate. Clearly written and understandable concepts make Beyond Diversification a one-stop choice for any student of investing.”
— Bill Stromberg, CEO, T. Rowe Price
“In this tour-de-force, seasoned investor and researcher Sébastien Page provides sophisticated answers to many questions arising in the practice of asset allocation, risk management, forecasting, and portfolio construction. Page has a tremendous sense of what is important in investment management, and this book reflects that wisdom.”
— Laurence B. Siegel, Gary P. Brinson Director of Research, CFA Institute Research Foundation, and Author of Fewer, Richer, Greener
Sébastien Page, CFA is head of the Global Multi-Asset Division. He oversees a team of investment professionals dedicated to actively managing a broad set of multi-asset portfolios representing more than $363 billion in assets including the firm’s target date franchise. He is a member of the Asset Allocation Committee, which is responsible for tactical investment decisions across asset allocation portfolios, and a member of the Management Committee of T. Rowe Price Group, Inc.
Sébastien’s investment experience began in 2000, and he has been with T. Rowe Price since 2015. Prior to this, Sébastien was employed by PIMCO as an executive vice president where he led a team focused on research and development of multi-asset solutions. Prior to joining PIMCO in 2010, he was employed by State Street Global Markets as a senior managing director.
Sébastien earned a Master of Science degree in finance and a bachelor’s degree in business administration from Sherbrooke University in Quebec, Canada. He also has earned the Chartered Financial Analyst® designation.
Sébastien coauthored award-winning research papers for The Journal of Portfolio Management in 2003, 2010, and 2011 and the Financial Analysts Journal in 2010 and 2014. He is the author of the book “Beyond Diversification: What Every Investor Needs to Know About Asset Allocation” (McGraw Hill, 2020) and the coauthor of the book “Factor Investing and Asset Allocation” (CFA Institute Research Foundation®, 2016). Sébastien is a member of the editorial board of the Financial Analysts Journal and a member of the Research Committee of the Institute for Quantitative Research in Finance (Q Group). He regularly appears in the financial media, including Bloomberg TV and CNBC.
Time: 7:00 PM sharpe
Registration is required. Register in advance for this meeting here: https://us02web.zoom.us/meeting/register/tZ0ofuitrzgsHNGQuxLjLh_GFJt42DNyVJZY
After registering, you will receive a confirmation email containing information about joining the meeting.
This event will be streamed on Zoom and recorded and made available on YouTube. By registering you consent to this.
Boston QWAFAFEW Mailing List:
Donna Cool Murphy
The members of the Steerage Committee are responsible for coordinating the program content.
Program suggestions from members are always welcome.