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Personal Finance Could Financial Driving Licenses Help Households Avoid Investment Mistakes? 5 November, 2014 - Singapore
An evening presentation

At a special presentation in Singapore on 5 November, 2014, Chris Firth, Chief Executive Officer of an online financial adviser based in Singapore and candidate in the EDHEC-Risk Institute PhD in Finance, will present new insights on the behaviour and investment mistakes of households.

Requiring individual investors to get financial driving licenses has been suggested as a means to allowing individuals to make better informed decisions about their finances and investments. The dissertation work of Mr Firth investigates whether such legally mandated financial driving licenses could help households avoid financial mistakes and examines implications. Using a unique data set, he looks at the relationship between the investment outcomes of households and their financial acumen as assessed by an embryonic financial driving license.

  • 5:45pm

  • 6:00pm
    Presentation: Could Financial Driving Licenses Help Households Avoid Investment Mistakes?
    Chris Firth, EDHEC-Risk Institute PhD in Finance candidate, and CEO of a licensed financial advisory firm
    • Relationship between investment outcomes of households and their financial acumen
    • Under-diversification, home bias, poor market timing, and disposition bias
    • Behavioural differences between license-qualified households and novices
    • The value of the financial driving licenses as predictors of investment skill

  • 7:30pm
    Question & Answer Session

  • 8.00pm
About the Speaker

Chris Firth is Chief Executive Officer and co-founder of a Singapore based financial advisory firm, which serves over 15,000 users. The firm offers consumers a wide range of investment products, related information and tools. Prior to this role, he spent over a decade working in financial services in the Asia-Pacific region, and before that he worked in Switzerland and France. He holds degrees from National University of Singapore and MIT Sloan School and is a final-year candidate in the EDHEC-Risk Institute PhD in Finance.
Event Details
  When   Between 05/11/2014 05:30 PM and 05/11/2014 09:00 PM
Where   EDHEC Risk Institute—Asia, One George Street, Seventh Floor, Singapore
Contact Details
  Name   Diana Wan
E-mail   diana.wan@edhec-risk.com
Phone   +65 6438 0030