25 March, Distinguished lecture in Finance, Using and Abusing Factors, Professor Kenneth R. French, Roth Family Distinguished Professor of Finance, Tuck School of Business, Dartmouth College.

Spring ’21 Inspiration Lecture 3:
Distinguished lecture in Finance

Using and Abusing Factors

Professor Kenneth R. French
Roth Family Distinguished Professor of Finance
Tuck School of Business
Dartmouth College

Thursday, March 25, 6:30PM (New Delhi)

Abstract:

The number of asset pricing factors has grown in the last two decades from a handful to hundreds if not thousands. In this talk, Professor French explains this proliferation and discusses tradeoffs in the design of factors. He also explores how asset pricing models should be assessed and how they can be used by corporate managers, investment managers, and individual investors.

About the Speaker:

The number of asset pricing factors has grown in the last two decades from a handful to hundreds if not thousands. In this talk, Professor French explains this proliferation and discusses tradeoffs in the design of factors. He also explores how asset pricing models should be assessed and how they can be used by corporate managers, investment managers, and individual investors.

Professor Kenneth R. French is the Roth Family Distinguished Professor of Finance at the Tuck School of Business at Dartmouth College. He is an expert on the behavior of security prices and investment strategies. He and co-author Eugene F. Fama are well known for their research into the value effect and multi-factor asset pricing models, including articles such as “The Cross-Section of Expected Stock Returns” and “Common Risk Factors in the Returns on Stocks and Bonds.” His recent research focuses on tests of asset pricing and the tradeoff between factor exposures and expected returns in U.S. and international financial markets.

Professor French is a Research Associate at the National Bureau of Economic Research, an Advisory Editor of the Journal of Financial Economics, a former Associate Editor of the Journal of Finance and the Review of Financial Studies, and a former President of the American Finance Association. Professor French is also a Fellow of the American Finance Association and the American Academy of Arts and Sciences, and a member of Grassroots Soccer’s Board of Directors and the International Rescue Committee’s Board of Advisors, and Chairman of the Global Board of Directors of the Valpo Surf Project.

Before joining Dartmouth, Professor French was on the faculty of MIT’s Sloan School of Management, the Yale School of Management, and the University of Chicago Booth School of Business. Professor French received his Ph.D. in finance from the University of Rochester in 1983. He also earned an M.S. and an MBA from the University of Rochester (1983) and a B.S. from Lehigh University (1975).

Moderated by:  Dr. Chitrakalpa Sen, Associate Professor, JGBS