Alpha is the holy grail of active portfolio management but its source has always been elusive - until now. In their latest analysis, our research team break new ground by identifying the factors most commonly associated with alpha generation (and destruction) by equity fund managers.
The coronavirus pandemic poses new challenges to the way we manage ourselves and perform. We talk to seven top investment coaches about how to keep making good portfolio decisions in a disruptive and turbulent environment.
In judging other people’s reaction to the coronavirus, are we in danger of displaying a new kind of “coronabias”? Philip Maymin explores this and the wider implications for investor behavior in the current crisis.
Essentia CEO Clare Flynn Levy talks to former top-20 online poker player (and Behavioral Alpha Poker Night host) Chris Sparks about the lessons investment professionals can learn from elite-level poker.
Ignoring standard procedure can be disastrous in complex, dynamic sectors like aviation and finance. Clare Flynn Levy considers the presence of normalized deviance in asset management and provides a list of steps to identify and overcome the ways it may already be affecting your investment team.
How did the Neil Woodford fund saga become so dramatic - and so destructive? Clare Flynn levy looks beyond traditional risk attribution and style-drift warning signals to explore how unchecked biases brought down this star manager.
Arguably the greatest hitter known to baseball, Ted Williams was driven by a philosophy of self-improvement across every dimension of his game. Guest blogger, Charley Ellis, reviews William’s book, The Science of Hitting, and uncovers universal insights into performance and skill that every PM and analyst can benefit from reading.
If you think you’re too smart to be the victim of a con artist, you’re sorely mistaken. In a nod to Dr Maria Konnikova's session on the science of 'the con' at this year's Behavioral Alpha, we present five of the US' greatest financial swindles.
Former PM and buy-side thought leader, Jason A. Voss, considers how the industry will evolve over the next 7-10 years, and the change that's needed to develop a new breed of successful active manager.
Poker is a well-known training ground for many investors and traders. Here is a short but sweet collection of our favorite quotes on the relationship between playing a strong hand at the poker table and making a canny investment decision.
