Reimagining Global Equity Allocation: A Factor-Based Framework for Country Investing

Global equity investing is undergoing a structural shift, with capital increasingly allocated across countries and regions rather than individual securities. This evolution raises an important question: Can country allocation be approached systematically, with the same rigor as stock-level factor investing?

This session presents a research-driven framework for country investing, extending established equity factors—such as value, momentum, size, and reversal—to the country level. Drawing on academic literature and empirical evidence, the discussion highlights how country-level return patterns can be modeled and used to support disciplined allocation decisions. The session also addresses the limitations of traditional approaches, which are often either purely statistical or highly discretionary. It introduces a structured perspective on integrating macroeconomic information into the investment process, enabling a more comprehensive interpretation of global market dynamics. Overall, the webinar provides a conceptual and practical framework for global equity allocation, linking factor-based insights with macroeconomic context in a systematic and transparent manner.

Learning Objectives
Participants will be able to:

• Understand the structural shift toward country-level allocation
• Explain how equity factors extend to country indices
• Interpret the economic intuition behind country-level factors
• Recognize the limitations of traditional factor and macro approaches
• Evaluate a systematic framework for global equity allocation

Professional Learning (PL) Credit

The event qualifies for 1  PL credit hour. If you are a CFA Society Greece Member, Professional Learning credit for your participation in this event will be automatically recorded in your PL Diary.