Mirko Jungmann to discuss Shiller CAPE at Lausanne Summit
Mirko Jungmann, product specialist representing Ossiam in partnership with Barclays, will discuss how to harvest value through sector rotation, using the Shiller CAPE ratio as a sector rotation tool, when he presents at the upcoming Pan-European Summit Lausanne 2017, taking place 26-28 April.
The cyclically adjusted price earnings, or CAPE ratio, relies on inflation-adjusted long term aggregated earnings to remove the effects of business cycles, and provide a better way to uncover value than using a plain price/earnings ratio – it is argued – and the work that Robert Shiller did together with Barlcays to develop a sector rotation strategy is used as the basis for Ossiam’s ETFs looking to US and European equity markets.
Jungmann will outline how the rules-based approach compares to traditional ways of investing.
As a product specialist at Ossiam, Jungmann holds a degree in Aerospace Engineering and Business Management from the Technische Universität Braunschweig, where he was also research associate at the Institute of Finance between 2008 to 2012. Besides his research activities he was investment specialist at the asset management department of Öffentliche Versicherung Braunschweig. Subsequently he had several consultant activities at Mercer Investments for institutional investors and at Capco – The Capital Markets Company GmbH for banks and financial services providers.