When was the last time you reviewed the fundamentals of finance and investing? Even the most sophisticated investors can benefit from an occasional tune up. Join us for State Street Summer Sessions, where our team of academic and industry experts will go back to basics and cover the core principles of modern investing.
Connecting theory to practice, our presenters will put trends like inflation, cryptocurrencies and ESG investing into context. You can register for specific seminars or join us for all. And don’t worry about taking notes: we’ll provide you with concise summaries after each session. So close your email, silence your phone, and prepare some good questions. We’ll see you there!
JUNE 27, 2021
Introduction to Private Markets
Josh Lerner, Harvard Business School (bio) | REGISTER NOW
Private markets have grown dramatically in recent years as investors have sought the higher returns and diversification these assets can introduce to portfolios. These potential benefits also come with a range of complexities. In this course, Josh Lerner—the Jacob H. Schiff Professor of Investment Banking at Harvard Business School and academic partner at State Street Associates, as well as the author of multiple books including “Patient Capital” and “The Money of Invention”—will review the core attributes of private markets and what investors need to know today.
JUNE 29, 2021
Introduction to Inflation
Alberto Cavallo, Harvard Business School (bio) | REGISTER NOW
As the global economy re-emerges from the global Covid-19 pandemic and central banks around the world continue to hold interest rates near historic lows, inflation risk looms large in the minds of investors. In this session, Alberto Cavallo—the Edgerley Family Associate Professor at Harvard Business School, co-founder of PriceStats, an academic partner at State Street Associates, and member of the Technical Advisory Committee of the U.S. Bureau of Labor Statistics (BLS)—will discuss the fundamentals of how inflation is measured, what drives it, and how to think about the risk to investors in 2021.
JULY 5, 2021
Introduction to Central Banking
Robin Greenwood, Harvard Business School, Harvard Business School (bio) | REGISTER NOW
In an increasingly interconnected world, it is impossible to succeed as an investor without a firm grasp on economic fundamentals and policy levers. In this session, Robin Greenwood—the George Gund Professor of Finance and Banking and an academic partner at State Street Associates—will review the fundamental tenets of central banking with a focus on the main questions global investors should be thinking about in 2021.
JULY 6, 2021
Introduction to Investor Behavior
Kenneth Froot, Harvard Business School Emeritus (bio) | REGISTER NOW
Sophisticated investors have long recognized that market participants are not always 100 percent rational and that behavioral biases and trends can influence markets. It is essential that investors learn to recognize these patterns—both in themselves and the markets at large—as well as how to measure and account for them when managing portfolios. In this session, Kenneth A. Froot—the André R. Jakurski Professor of Business Administration, Emeritus at Harvard Busines School, academic partner at State Street Associates, and renowned economist—will review key principles of behavioral finance with a practical focus on implications for investment management.
AUGUST 7, 2021
Introduction to ESG Investing
George Serafeim, Harvard Business School (bio) | REGISTER NOW
Climate change poses one of the gravest threats to investors, and to our civilization at large, in the 21st century. As new data and tools emerge, investors are scrambling to understand their exposure and identify concrete steps they can take not only to position their portfolios but also to improve the carbon footprint of their investments and precipitate positive change. In this session, George Serafeim—the Charles M. Williams Professor of Business Administration at Harvard Business School and academic partner at State Street Associates— will explain the impact of climate change on markets, present foundational research and share new insights on transitional and physical climate risks.
AUGUST 8, 2021
Introduction to Blockchain and Cryptocurrencies
Antionette Schoar, MIT Sloan School of Management (bio) | REGISTER NOW
As the financial sector adjusts to the far-reaching implications of the blockchain revolution and debates the long-term viability of cryptocurrencies, investors need to understand the fundamental concepts that underpin digital assets. In this session, Antionette Schoar—the Stewart C. Meyers-Horn Family Professor of Finance at the MIT Sloan School of Management and an academic partner at State Street Associates—will cover the basics of blockchain, cryptocurrencies, and digital assets with a focus on how they could change financial markets and the risks and limitations that investors need to understand.
AUGUST 9, 2021
How Media Narratives and Individual Investors Drive Markets
Ronnie Sadka, Boston College Carroll (bio) | REGISTER NOW
The equity market’s historic rebound following the Covid-19 downturn of 2020 was driven in part by the collective actions of millions of individual investors, many buying stocks for the first time. This expanded group of actors, who increasingly interact on social media to develop and spread trade ideas, has the potential to change market dynamics, introducing new risks and opportunities. In this session, Ronnie Sadka—the senior associate dean for faculty, chairperson and professor of Finance, and the Haub Family Professor at the Carrol School of Management, Boston College—will review the basics of behavioral finance and explain how investors should think about these principles in the modern era with a focus on the link between viral narratives and retail trading.
AUGUST 9, 2021
Asset Allocation: From Theory to Practice and Beyond, Part I - Fundamentals
Mark Kritzman, MIT Sloan School of Management (bio) | REGISTER NOW
TBC
AUGUST 9, 2021
Asset Allocation: From Theory to Practice and Beyond, Part II - Falacies
David Turkington, States Street Associates (bio) | REGISTER NOW
TBC
AUGUST 9, 2021
Asset Allocation: From Theory to Practice and Beyond, Part III - Challenges and Solutions
Will Kinlaw, State Street Associates (bio) | REGISTER NOW
TBC
FORTHCOMING
How Digital Assets will Change the World
Dean Sakati, Head of Strategy, State Street Global Markets (bio) | REGISTER NOW
August 27, 2021
TBC
FORTHCOMING
Harnessing Big Data: Teams and Technology
Pilar Iglesias, PriceStats (bio) | REGISTER NOW
TBC
