Jennifer Bender

State Street Global Advisors

Managing Director

1 Lincoln Street

28th Floor

Boston, MA 02111

United States

SCHOLARLY PAPERS

37

DOWNLOADS
Rank 4,622

SSRN RANKINGS

Top 4,622

in Total Papers Downloads

9,730

SSRN CITATIONS
Rank 21,518

SSRN RANKINGS

Top 21,518

in Total Papers Citations

21

CROSSREF CITATIONS

22

Scholarly Papers (37)

1.

Foundations of Factor Investing

Number of pages: 33 Posted: 01 Jan 2015
State Street Global Advisors, MSCI Barra, MSCI Inc. and MSCI Inc.
Downloads 2,109 (7,684)
Citation 17

Abstract:

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2.

The Fundamentals of Fundamental Factor Models (June 2010)

MSCI Barra Research Paper No. 2010-24
Number of pages: 15 Posted: 13 Nov 2010
Frank Nielsen and Jennifer Bender
MSCI Inc. and State Street Global Advisors
Downloads 1,576 (12,313)

Abstract:

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Fundamental Factor Models fundamental-based origins factor models Barra Barr Rosenberg Vinay Marathemacroeconomic events individual securities effects theory microeconomic characteristics

3.

Best Practices for Investment Risk Management, June 2009

MSCI Barra Research Paper No. 2009-21
Number of pages: 12 Posted: 25 Jun 2009
Frank Nielsen and Jennifer Bender
MSCI Inc. and State Street Global Advisors
Downloads 887 (29,287)

Abstract:

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best practices, investment risk management, Risk Measurement, Risk Monitoring, Risk-Adjusted Investment, Management tools, quantify

Portfolio of Risk Premia: A New Approach to Diversification

Number of pages: 11 Posted: 01 Jan 2015
Jennifer Bender, Remy Briand, Frank Nielsen and Dan Stefek
State Street Global Advisors, MSCI Barra, MSCI Inc. and MSCI Inc.
Downloads 684 (41,315)
Citation 3

Abstract:

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5.

Refining Portfolio Construction When Alphas and Risk Factors are Misaligned

MSCI Barra Research Paper No. 2009-09
Number of pages: 8 Posted: 26 Mar 2009
Jennifer Bender, Jyh-Huei Lee, Dan Stefek and MSCI Inc.
State Street Global Advisors, MSCI Inc., MSCI Inc. and MSCI Inc.
Downloads 651 (44,650)
Citation 13

Abstract:

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portfolio construction, alpha risk, factors, construction, misaligned model, residual

6.

A Blueprint for Integrating ESG into Equity Portfolios

The Journal of Investment Management, Volume 16, No. 1, 2018
Number of pages: 20 Posted: 01 Jun 2019
State Street Global Advisors, State Street Global Advisors, State Street Corporate - State Street Global Advisors, State Street Global Advisors and State Street Global Advisors
Downloads 628 (47,274)
Citation 3

Abstract:

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ESG, Sustainable investing, Equities

7.

To Beta or Not to Beta: A Comparison of Historical Versus Fundamental Betas for Hedging Market Risk

MSCI Barra Research Insights, July 2007
Number of pages: 15 Posted: 31 Dec 2014
Jennifer Bender
State Street Global Advisors
Downloads 623 (47,355)

Abstract:

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8.

Refining Portfolio Construction by Penalizing Residual Alpha - Empirical Examples

MSCI Barra Research Paper No. 2009-19
Number of pages: 8 Posted: 26 Jun 2009
Jennifer Bender, Jyh-Huei Lee and Dan Stefek
State Street Global Advisors, MSCI Inc. and MSCI Inc.
Downloads 378 (87,530)

Abstract:

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misalignment, alpha risk factors, refining portfolio construction, penalizing, residual alpha empirical managers

9.

Deploying Multi-Factor Index Allocations in Institutional Portfolios

MSCI Research Insights, December 2013
Number of pages: 24 Posted: 01 Jan 2015
State Street Global Advisors, MSCI Barra, MSCI Inc., MSCI Inc. and MSCI Inc.
Downloads 287 (118,825)
Citation 8

Abstract:

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10.

Manipulating Correlations Through Latent Drivers

MSCI Barra Research Paper No. 2010-20
Number of pages: 13 Posted: 12 Nov 2010
Jennifer Bender, Jyh-Huei Lee and Dan Stefek
State Street Global Advisors, MSCI Inc. and MSCI Inc.
Downloads 258 (132,901)
Citation 1

Abstract:

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Manipulate Correlation Matrices, Stress Testing Portfolio, Construction Latent Drivers, Flexible Framework, Positive Semi-Definiteness Matrix, Unobservable Factors Drivers

11.

Investing in Inflation Protection

MSCI Barra Research Paper No. 2010-36
Number of pages: 27 Posted: 14 Nov 2010
Anand S. Iyer and Jennifer Bender
MSCI Inc. and State Street Global Advisors
Downloads 225 (151,933)

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Inflationary, Deflationary Concerns, Investing in Inflation Protection, Portfolio Construction and Optimization, Global Economies, Recovery, Inflation Protected Bonds, Plan Sponsor, Asset Allocation, IPB Inflation, Hedge Portfolio, Diversification Investors

12.

Decomposing the Impact of Portfolio Constraints, August 2009

MSCI Barra Research Paper No. 2009-30
Number of pages: 9 Posted: 20 Nov 2009
Jennifer Bender, Jyh-Huei Lee and Dan Stefek
State Street Global Advisors, MSCI Inc. and MSCI Inc.
Downloads 221 (154,534)
Citation 2

Abstract:

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decomposing impact portfolio constraints return risk constrained alphas positions orthogonal measure

13.

Forecast Risk Bias in Optimized Portfolios, October 2009

MSCI Barra Research Paper No. 2009-36
Number of pages: 12 Posted: 21 Nov 2009
Jennifer Bender, Jyh-Huei Lee, Dan Stefek and Jian (Jay) Yao
State Street Global Advisors, MSCI Inc., MSCI Inc. and MSCI Inc.
Downloads 193 (175,359)
Citation 1

Abstract:

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forecast risk bias optimized portfolios covariance matrix underestimates true risk factor structure returns

14.

Extending Rules-Based Factor Portfolios to a Long-Short Framework

Number of pages: 18 Posted: 03 Apr 2016 Last Revised: 05 May 2016
Jennifer Bender and Taie Wang
State Street Global Advisors and State Street Global Advisors
Downloads 173 (193,159)

Abstract:

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15.

Multi-Factor Portfolio Construction for Passively Managed Factor Portfolios

Number of pages: 16 Posted: 05 Dec 2017
Jennifer Bender and Taie Wang
State Street Global Advisors and State Street Global Advisors
Downloads 165 (201,176)

Abstract:

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Factor Portfolios, Smart Beta, Multi Factor

16.

Constraining Shortfall, April 2010

MSCI Barra Research Paper No. 2010-15
Number of pages: 14 Posted: 12 May 2010
Jennifer Bender, Jyh-Huei Lee and Dan Stefek
State Street Global Advisors, MSCI Inc. and MSCI Inc.
Downloads 151 (216,829)
Citation 1

Abstract:

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constraining shortfall, mean-variance, optimization, portfolios extreme losses, less exposure risk, portfolio construction shortfall, beta optimal protection

17.

Quality Assurance: De-Mystifying the Quality Factor in Equities and Bonds

Number of pages: 22 Posted: 05 Dec 2017
Jennifer Bender and Ritirupa Samanta
State Street Global Advisors and State Street Global Advisors
Downloads 118 (262,774)

Abstract:

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Quality, Multi-Asset Class, Equities, Bonds, Factor Investing

18.

An Update on Emerging Markets

MSCI Barra Research Paper No. 2009-33
Number of pages: 17 Posted: 21 Nov 2009
Jennifer Bender, Frank Nielsen and Madhu Subramanian
State Street Global Advisors, MSCI Inc. and MSCI Inc.
Downloads 88 (319,830)

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emerging markets, crisis, stocks, relative, developed markets, behaved differences, performance, sectors, styles

19.

Why Currency Returns and Currency Hedging Matter: An Update on the MSCI Hedged Indices

MSCI Research Insights, May 2012
Number of pages: 9 Posted: 31 Dec 2014
Jennifer Bender, Roman Kouzmenko and Zoltan Nagy
State Street Global Advisors, MSCI Inc. and Independent
Downloads 73 (357,221)

Abstract:

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20.

Peering Under the Hood of Rules-Based Portfolio Construction: The Impact of Security Selection and Weighting Decisions

Forthcoming in Factor Investing, From Traditional to Alternative Risk Premia, (Ed.) Emmanuel Jurczenko, Elsevier Ltd; ISBN: 978-1-78548-201-4
Number of pages: 31 Posted: 05 Dec 2017
Jennifer Bender, Xiaole Sun and Taie Wang
State Street Global Advisors, State Street Global Advisors and State Street Global Advisors
Downloads 69 (368,282)

Abstract:

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Smart Beta, Factor Portfolios, Portfolio Construction

21.

Demystifying Equal Weighting

MSCI Research Insights, June 2012
Number of pages: 12 Posted: 31 Dec 2014
Jennifer Bender
State Street Global Advisors
Downloads 69 (368,282)
Citation 1

Abstract:

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22.

Achieving Commodities Exposure via Equities

MSCI Research Insights, August 2012
Number of pages: 20 Posted: 03 Apr 2016
Jennifer Bender, David Merigo and Faiz Syed
State Street Global Advisors, MSCI Inc. and Independent
Downloads 42 (461,997)

Abstract:

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23.

International Investing: Managing Multiple Layers of Alpha

MSCI Barra Research Insights, July 2007
Number of pages: 18 Posted: 31 Dec 2014
Anton Puchkov and Jennifer Bender
Independent and State Street Global Advisors
Downloads 31 (512,772)

Abstract:

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24.

Emerging Markets: Balancing Growth Opportunities with Risk

Number of pages: 8 Posted: 31 Dec 2014
Jennifer Bender
State Street Global Advisors
Downloads 30 (518,013)

Abstract:

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25.

Analysts' Roundtable on Integrating ESG into Investment Decision‐Making

Journal of Applied Corporate Finance, Vol. 29, Issue 2, pp. 44-55, 2017
Number of pages: 14 Posted: 24 Jul 2017
Jarislowsky Fraser, State Street Global Advisors, CFA Institute, Wells Fargo Bank - Wells Capital Management and UBS Asset Management
Downloads 1 (721,206)
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26.

Proactive Indexing: Index Funds and IPOs

The Journal of Index Investing, Fall 2020; DOI: https://doi.org/10.3905/jii.2020.1.094
Posted: 01 Jul 2020
Jennifer Bender, Robert Pozen and Mitesh Tank
State Street Global Advisors, Massachusetts Institute of Technology (MIT) - Sloan School of Management and State Street Global Advisors

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Index Investing, Proactive Indexing, Equity Indices, Indexing, Passive Management, IPO, Russell

27.

Asset Allocation vs Factor Allocation – Can We Build a Unified Method?

The Journal of Portfolio Management Multi-Asset Special Issue 2019, 45 (2) 9-22; DOI: https://doi.org/10.3905/jpm.2018.45.2.009
Posted: 01 Jun 2019
Jennifer Bender, Jerry Sun and Ric Thomas
State Street Global Advisors, Invesco Advisers, Inc. and affiliation not provided to SSRN

Abstract:

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Factor allocation, Asset allocation

28.

The Latest Wave in Advanced Beta: Combining Value, Low Volatility, and Quality

Posted: 22 May 2019
Jennifer Bender, Eric Brandhorst and Taie Wang
State Street Global Advisors, State Street Corporate - State Street Global Advisors and State Street Global Advisors

Abstract:

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29.

Tilted and Anti-Tilted Portfolios: A Coherent Framework for Advanced Beta Portfolio Construction

Posted: 22 May 2019
Jennifer Bender and Taie Wang
State Street Global Advisors and State Street Global Advisors

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30.

A New Metric for Smart Beta: Factor Exposure per Unit of Tracking Error

Posted: 22 May 2019
Jennifer Bender, Xiaole Sun and Taie Wang
State Street Global Advisors, State Street Global Advisors and State Street Global Advisors

Abstract:

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Smart Beta, Factor Portfolios

31.

Thematic Indexing, Meet Smart Beta! Merging ESG into Factor Portfolios

Posted: 22 May 2019
Jennifer Bender, Xiaole Sun and Taie Wang
State Street Global Advisors, State Street Global Advisors and State Street Global Advisors

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ESG, Smart Beta, Thematic Investing, Portfolio Integration

32.

Earnings Quality Revisited

Posted: 21 May 2019
Jennifer Bender and Frank Nielsen
State Street Global Advisors and MSCI Inc.

Abstract:

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33.

Can Alpha Be Captured by Risk Premia?

Posted: 21 May 2019
Jennifer Bender, P. Brett Hammond and William Mok
State Street Global Advisors, Capital Group and MSCI Inc.

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Factor Portfolios, Bottom-Up Construction, Blending Portfolios

35.

Clash of the Titans: Factor Portfolios vs Alternative Weighting Schemes

The Journal of Portfolio Management Quantitative Special Issue 2019, http://jpm.pm-research.com/content/45/3/38
Posted: 20 May 2019
Jennifer Bender, Thomas Blackburn and Xiaole Sun
State Street Global Advisors, State Street Corporate - State Street Global Advisors and State Street Global Advisors

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36.

Small Caps -- No Small Oversight

MSCI Research Insights, March 2012
Posted: 31 Dec 2014
State Street Global Advisors, MSCI Barra, MSCI Inc. and Independent

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37.

Measuring the Efficiency of Portfolio Construction

MSCI Barra Research Insights
Posted: 31 Dec 2014
Jennifer Bender and Jyh-Huei Lee
State Street Global Advisors and MSCI Inc.

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