Tag Archives: Loss aversion

Dealing with underperforming managers

From CFA Inside Investing. Clients and their advisers see investment managers at their best in new business presentations. Data can be carefully selected for a pitch, or in a brochure promoting a fund. And, usually, investors have a preference for the style they would like in their manager; value or growth, momentum or contrarian. It […]

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5 key behaviours of underperforming managers

New UK research identifies 5 key behaviours of underperforming managers. In FAJ, Greg Richmond and Alistair Byrne explain what happens when managers underperform; loss aversion, confirmation bias, short time horizons. Based on interviews with many firms. Clients, advisors and fund managers themselves should read this http://t.co/WwXrQLc7

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