Wednesday webinar at one: What is quality? (Fully Booked)
Wed 17 Oct 18 at Online,

What is a quality equity factor? Unlike standard factors, such as value, momentum, and size, quality lacks a commonly accepted definition.

Vitali Kalesnik, Partner at Research Affiliates, co-authored the paper, What is quality?, which assessed each of the components proposed as definitions to determine which, if any, is a reliable source of return premium. The assessment used the following criteria:

  • Degree of exploration in academic literature
  • Robustness to perturbation in definition
  • Robustness across geographic regions

By listening to this session you will be able to:

  • Identify the various definitions of quality
  • Discover which positive quality measures are robust indicators of higher expected returns
Vitali Kalesnik
Partner, Head of Equity Research, Research Affiliates

Vitali Kalesnik is a partner and senior member of the investment team at Research Affiliates, where he leads research and business strategy in the European region. Previously, Vitali led the equity research team and continues to perform general equity-related research.

Vitali has co-authored articles that have been recognised with two Graham and Dodd Scroll Awards, a Financial Analysts Journal Readers’ Choice Award, a William F. Sharpe Indexing Achievement Award, and a Bernstein Fabozzi/Jacobs Levy Award. His research strengthens and expands Research Affiliates’ products—in particular, RAFI™ Fundamental Index™ strategies—and supports their global tactical asset allocation products.

Vitali earned his PhD in economics from the University of California, Los Angeles, where he was a winner of the UCLA Graduate division fellowship for 2001–2005. He speaks fluent English, Russian, and French.

When and where?

Wednesday 17 October 18

Registration: 12:50
Event: 13:00 - 13:40

Online, Link will be emailed closer to the time,
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Member - ££0
Non-member - ££20

This is eligible for 0.75 CPD hours