A New Way to Diversify: Bloomberg Enhanced Roll Yield Index
Bloomberg addresses this concern with the Bloomberg Enhanced Roll Yield Index (BERY), a broad-based, long-only commodity benchmark that extends the Bloomberg Commodity Index (BCOM) family, while incorporating aspects of risk-premia strategies. BERY utilizes insights based on collaboration with BlackRock.
In this webinar, we'll discuss how BERY diminishes the traditional trade-off between liquidity and performance, and ultimately seeks to provide high capacity and mitigate the impact of negative carry and reduce roll congestion.
Speakers
Kartik Ghia
Co-Head of Systematic Strategies Research
Bloomberg
Kartik Ghia is the Co-Head of Systematic Strategies Research at Bloomberg. He has written extensively on factor investing and developed risk premia strategies and portfolios across the asset class spectrum. His work on commodities benchmarks include the development of factor-tilted benchmarks and alternative risk premia overlays.
Prior to Bloomberg, he worked at Barclays and JPMorgan as an index researcher. Kartik received his Ph.D. in Statistics from The Wharton School, University of Pennsylvania and his MPhil & MA from the University of Oxford.
Emanuele Di Stefano
Global Head of Product Development: Multi-Asset Indices
Bloomberg L.P.
Mr. Di Stefano is Global Head of Product Development within Bloomberg's Multi-Asset Index business. Formerly he was global head of Quantitative Investment Strategies responsible for index development, research and structuring at Macquarie Bank, Citi and Deutsche Bank, spanning all asset classes and geographies with related linked investment products.
Alan Campbell
Global Head of Product Management: Multi-Asset Indices
Bloomberg
Alan Campbell is Global Head of Product Management within Bloomberg's Multi-Asset Index business. In this role, he oversees strategy and business development for equity, commodity and crypto indices. Prior to his current role in New York, Mr. Campbell created Bloomberg Terminal analytics and managed groups in London focused on financial data procurement.
ROB SHIMELL
Managing Director
BLACKROCK INTERNATIONAL, LIMITED
Robert Shimell, Managing Director, is Head of the EMEA Institutional Indexing team, part of the ETF and Index Investments (EII) group at BlackRock. His role encapsulates the oversight and management of institutional index equity portfolios and innovation and business development for commodities index funds. Before his current role, he was Head of BlackRock's Global Index Commodities team, responsible for managing BlackRock's global range of pure-play commodity funds. Mr. Shimell's service with the firm dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI he was a portfolio manager/strategist, responsible for BGIs global range of commodities index funds after initially working as a portfolio manager within the institutional index equity team. From 1999 to 2003, Mr. Shimell was with Invesco Perpetual, where he was responsible for writing investment management software and project management. Mr. Shimell earned a (first class honours) BS degree in Construction Project Management from University College London in 1999 and a (distinction) MS degree in International Securities, Investment and Banking from the ICMA business school for financial markets in 2004.