After more than a decade of disappointing performance, Value stocks just experienced their worst 12-month relative performance in history. According to GMO’s Ben Inker, this has left these stocks trading at some of the cheapest levels ever seen. Join us for a discussion with Inker to hear why he believes the outlook for Value is exceedingly bright from here, and how GMO investors can profit from Value’s outperformance in both rising and falling markets using a long/short framework. What is Inker excited about and what keeps him up at night? Find out during this fireside chat where Inker will discuss how investors can make money, what drives returns and more!
If you’re looking for a preview of this event read GMO’s latest Quarterly Letter and media coverage from Institutional Investor.
Fee*:
Members - FREE
Nonmembers - $20
(Member pricing underwritten by CFA Society Chicago)
CFA Institute Qualified Activity: Eligible for 1 credit hour
Registration: Online
Zoom login information will be provided in the reminder email closer to the event.
Registration closes at 5:00 PM on January 25, 2021.
Agenda:
12:00 PM - 1:00 PM CST: Program
Please log in a few minutes early to test your video and internet connections.
*Distribution of presentation slides is at the discretion of the speaker and may not be available for this event
Speaker Bio:
Ben Inker, CFA, is head of GMO’s Asset Allocation team and a member of the GMO Board of Directors. He joined GMO in 1992 following the completion of his B.A. in economics from Yale University. In his years at GMO, Inker has served as an analyst for the Quantitative Equity and Asset Allocation teams, as a portfolio manager of several equity and asset allocation portfolios, as co-head of International Quantitative Equities, and as CIO of Quantitative Developed Equities. He is a CFA charterholder.
Moderator Bio:
Jeremy Heer, CFA, is the senior portfolio manager for the Strategy group at the University of Chicago’s Office of Investments. In this role, he supports the managing director of Strategy in developing and managing the overall investment strategy for the endowment. Heer also helps manage the global macro portion of the University’s hedge fund portfolio. He has previously served as the senior portfolio manager for the University’s investments in private equity limited partnerships. Prior to joining the University in 2010, Heer was a partner at Singer Partners, where he designed and implemented global macro and asset allocation strategies. Previously, he was an asset allocation analyst at UBS Global Investment Management (2004-2009) and Morgan Stanley Investment Management (2003-2004). Heer also has worked in risk management and derivatives-related roles for Morgan Stanley and Cargill Investor Services.
Heer earned an MBA with concentrations in finance and statistics from the Stern School of Business at New York University and a BS in finance from the University of Illinois at Urbana-Champaign. He is a CFA charterholder, a grader of the exam, and a contributor to the curriculum. He is a member of CFA Society Chicago’s Board of Directors and previously served as the co-chair of the Society’s Distinguished Speaker Series Advisory Group. Heer also holds the CAIA Charter and serves on the CAIA Allocator Advisory Committee.
*Special Notes Regarding Fees
This event is complimentary for members only. Credit card required to guarantee all nonmember reservations. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Registration online is required and closes at 5:00 PM on January 25, 2021. Cancellations for refunds accepted until 5:00 PM, January 22, 2021.
Passport Program
Members of any CFA society may attend at the CFA Society Chicago member rate. Please call the CFA Society Chicago office at 312-251-1301 to register. If you are only a member of CFA Institute, you do not qualify for the Society member rate.
CFA Institute CE Qualified Activity
This program qualifies for credit under the guidelines for the CFA Institute Professional Development Program.