Recent research has documented evidence that global industry factors have become an increasingly important determinant of security price returns across countries.
Recent research has documented evidence that global industry factors have become an increasingly important determinant of security price returns across countries. Dr. Cavaglia examines the implications for predicting security price returns and risk measurement and discusses how the increasing dominance of global industry factors may affect the investment management industry and the plan-sponsor community. This webcast presentation presents research recently published in the Financial Analysts Journal.