Description
About LSV
LSV Asset Management specializes in value equity management for institutional investors around the world. LSV currently manages approximately $96 billion in value equity portfolios for approximately 350 clients as of June 30th, 2024.
Formed in 1994, LSV Asset Management (LSV) is a quantitative value equity manager providing active management for institutional investors through the application of proprietary investment model.
LSV has academic roots and was named after our founding partners:
o Josef Lakonishok, Ph.D. (Former William G. Karnes Professor of Finance at the University of Illinois at Urbana-Champaign)
o Andrei Shleifer, Ph.D. (Professor of Economics at Harvard University)
o Robert Vishny, Ph.D. (Former Eric J. Gleacher Distinguished Service Professor of Finance and now Myron S. Scholes Distinguished Service Professor of Finance at the University of Chicago, Booth School of Business)
Our founders are well known for their work in behavioral finance. Over 30 years of academic research and over 200 research papers, many of which have been published in Financial Journals, are the foundation for LSV’s disciplined investment strategy.
The fundamental premise of LSV’s investment philosophy is that superior long-term results can be achieved by systematically exploiting the judgmental biases and behavioral weaknesses that influence the decisions of many investors. These include: the tendency to extrapolate the past too far into the future, to wrongly equate a good company with a good investment irrespective of price, to ignore statistical evidence and to develop a “mindset” about a company.
LSV uses a quantitative investment model to choose out-of-favor (undervalued) stocks in the marketplace at the time of purchase that have potential for near-term appreciation. LSV believes that these out-of-favor securities will produce superior future returns if their future growth exceeds the market’s low expectations.
Quantitative Analyst – Portfolio Management (Value Equity)
LSV is seeking a driven Quantitative Analyst to join our Investment Team. Working directly with portfolio managers and developers, you will support and enhance our quantitative investment process while gaining exposure to investment decision-making.
The primary responsibility is driving the daily maintenance and enhancement of our quantitative investment models and processes. You'll conduct analysis of investment strategies, collaborate with portfolio managers, and propose initiatives to improve our investment process. As you develop expertise in our investment approach, there will be opportunities to contribute to research and portfolio management discussions. LSV encourages initiative and innovation, allowing analysts to take on additional responsibilities based on their capabilities and interests.
Requirements
Qualifications and Skills
- Bachelor's degree in a quantitative discipline (Engineering, Mathematics, Computer Science, or similar)
- Strong interest in financial markets and investing, evidenced through personal investing experience, relevant coursework, or professional background
- Strong programming skills with proficiency in at least one of: Python, SQL, R, C++, or similar
- Experience working with large datasets and conducting statistical analysis
- Outstanding communication skills with the ability to clearly present complex ideas to both technical and non-technical audiences
- Self-starter mentality with the drive to identify opportunities and initiate improvements
- Strong collaborative spirit combined with the ability to work independently
- Unwavering attention to detail while working in a fast-paced investment environment
Preferred Qualifications
- Master's degree in a quantitative field or MBA
- CFA charter or progress toward completion
- Experience with financial data providers (Bloomberg, FactSet, etc.)
- Track record of self-initiated projects or research in investment-related areas
