Andrew Ang

Sustainability, ESG, Asset Pricing, Asset Allocation, Equities, Fixed Income, Alternative Assets, Factor Investing

Andrew Ang, PhD, Managing Director, is Head of Factors, Sustainable and Solutions (FS2 or FS-Squared). He also serves as Senior Advisor to BlackRock Retirement Solutions. As part of BlackRock Systematic, which is responsible for quantitatively managing over $220 billion, FS2 is responsible for proprietary factor investing, delivering cutting-edge sustainable alpha, ESG outcomes and product innovation.

Dr. Ang is a well-known financial economist specializing in quantitative investing. Author of over 100 publications, Dr. Ang has published on sustainable investing, equities, fixed income, optimal asset allocation, and alternative assets. His seminal papers include research in the minimum volatility factor, incorporating macro factors into bond pricing models and factor allocation. His book, Asset Management: A Systematic Approach to Factor Investing, has been translated into Chinese, Japanese, Korean, and Spanish.

Dr. Ang has been granted patents, and he has won several industry prizes and grants including the Harry Markowitz award, the Bernstein Fabozzi/Jacobs Levy award, and prizes and grants from the Q Group, INQUIRE, Netspar, and the National Science Foundation. According to RePEc/IDEAS, the largest bibliographic database in the field of economics, Dr. Ang is rated in the top 0.1% of world-wide economists by citations, downloads, and views.

Before joining BlackRock, Dr. Ang was the Ann F. Kaplan Professor of Business at Columbia Business School. He was previously Chair of the Finance and Economics Division and a Faculty Research Fellow of the National Bureau of Economic Research. As a professor, Dr. Ang worked with several large institutional managers as an advisor. His work with industry was recognized by aiCIO naming him one of the top 10 most influential academics in the institutional investing world. Dr. Ang continues his work in the academy in co-teaching a class on Climate Change and ESG Investing at Columbia University.

 r. Ang earned a BEc(Hons) from Macquarie University, and a PhD in finance and MS in statistics from Stanford University. Dr. Ang used to be a Fellow of the Institute of Actuaries of Australia.

Education

• PhD in Finance, Stanford University

Awards & Honors

• Harry Markowitz Award
• Bernstein Fabozzi/Jacobs Levy award
• Q Group award
• Grants from the National Science Foundation, Q Group, INQUIRE, and other industry and government bodies