With Peter Kashanek, Director/Client Portfolio Manager, Lazard Equity Advantage Team

Wednesday, December 6, 2017
11:30am – 1:30pm

Intercontinental Hotel • 401 Ward Parkway Kansas City MO 64112

Do Investors Have to Overpay For Low Volatility Equity Returns?

The core of our investment philosophy is based on a belief that risk and return may be mispriced within the global equity markets. One of the key principles of modern finance has been that returns should be directly proportional to the risks taken. There is little empirical evidence in support of this principle and, in fact, extensive research has shown that stock returns are not proportional to either beta or total risk.

Peter Kashanek is a Client Portfolio Manager on Lazard’s Equity Advantage team. He began working in the investment field in 1994. Prior to joining Lazard in 2007, Peter was a Principal and a Portfolio Manager in the Global Active Equity group at State Street Global Advisors (SSgA). Previously, Peter was an investment analyst in the Institutional Equity Research Group at Bank of Montreal where he focused on global energy companies. Prior to that, he was an Associate in the Global Equity Research Group at Deutsche Bank Securities. Peter also worked at Reliant Energy in Houston as a member of its Corporate Development team. Peter has an MBA with a concentration in Finance from Vanderbilt University and a BA in Government from St. Lawrence University.

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