Overview
Investors tend to underreact to earnings announcements, resulting in stock prices gradually moving in the direction of the initial surprise—a phenomenon known as post-earnings announcement drift (PEAD).
Although PEAD appears to have diminished in developed markets, it remains a profitable strategy in emerging markets. Moreover, it seems to offer a higher risk-reward profile than other commonly replicated factor strategies such as value, price momentum, and low volatility.
Join us as we assess the robustness of the PEAD strategy and demonstrate how it can be implemented within your factor analysis and portfolio construction process using BQuant, Bloomberg’s Python-based data science and research platform.
We’ll also dive into the key post-earnings challenges analysts face—and reveal how Bloomberg’s powerful Terminal tools can cut through the noise, accelerate your workflow, and elevate your insights when timing matters most.
Register now to secure your spot.
Agenda
- 11:00 am – 1:00 pm
10:30 – 10:55 am
Registration11:00 – 11:05 am
Opening address11:05 – 11:20 am
Sharing on PEAD
Kumar Gautam, Quantitative Equity Strategist, Bloomberg Intelligence11:20 – 11:35 am
Showcase of BQNT apps
Yijun Lin, Quantitative Developer, Bloomberg11:35 – 11:45 am
Showcase of Terminal functions
Jenny Liu, ASEAN Equities Market & Product Specialist, Bloomberg12:00 – 1:00 pm
Networking lunch
Speakers
Kumar Gautam
Kumar is a quantitative equity strategist with Bloomberg Intelligence, focusing on factor and portfolio construction research. He joined Bloomberg in Singapore in August 2020. Previously, he spent eight years as a senior quantitative analyst and head of client analytics at Scientific Beta, part of SGX and EDHEC Business School in France. There, he worked with some of the largest pension funds and asset managers in North America and Europe. He led the development of bespoke factor strategies with an aggregate asset under replication of around US$9 billion. His expertise includes Smart Beta strategies, volatility-controlled strategies, and the integration of ESG considerations into equity portfolios. Kumar holds an MSc in Finance from EDHEC Business School and is a recipient of a national-level award for quantitative research from the CFA.
Yijun Lin
Yijun is a Quantitative Developer at Bloomberg. Before her current role, she worked in Bloomberg’s Enterprise Data Solutions team for two years, managing fund holdings data. Yijun holds a masters in Quantitative Finance from the National University of Singapore, and keeps herself updated keenly on new developments in technology, and incorporate them in her work to drive innovation and decision-making.
Jenny Liu
Jenny Liu, CFA, is Equities Market & Product Specialist with Bloomberg Singapore. She specializes in buyside workflows and covers for clients in both Singapore and Thailand. She has more than 8 years experience in asset management industry.
Prior to Bloomberg, she was Multi Asset Investment Specialist with HSBC Asset Management in Hong Kong. Before that, Jenny joined Allianz Global Investors in Taiwan as part of the Investment Graduate program, and subsequently worked as Product Specialist covering equities in Hong Kong.