[PIF GLOBAL ASSET MANAGEMENT FORUM]
HARNESSING DATA: THE EVOLVING ROLE OF QUANTITATIVE INVESTING IN MODERN PORTFOLIOS

Melody He, Deputy CEO of CSOP Asset Management, moderates a panel discussing the evolution and future of quantitative investment strategies. Ahmed Tahaoui from BlackRock explains the spectrum of systematic investing, highlighting how it can complement fundamental investing. Andrea Frazzini of AQR Capital Management details the shift from factor investing to alpha-oriented strategies, driven by increased data and computing power. Dennis Walsh of Goldman Sachs distinguishes between discretionary and quant approaches, emphasizing the breadth and scalability of quant strategies. Mohsen Javed of PIF discusses PIF's increasing allocation to quant strategies and the benefits of diversification and scalability. The panelists explore the challenges and opportunities of applying quant strategies in emerging markets like Saudi Arabia, including data availability and regulatory reforms. They also discuss the impact of geopolitical risks and the use of AI and machine learning in investment analysis. PIF's vision for quant investing in Saudi Arabia is to foster product innovation and market resilience.