The Half-Full Glass: Active Managers CAN Outperform Index Funds, Net of Fees

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In a supplement to our Alpha Lifecycle research, we find that disciplined active managers who are able to exit positions at or near the peak of their alpha curve can preserve more than 120 bps outperformance (net of fees), per year, vs index funds.

The Consequences of Normalized Deviance

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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.

Our New Analysis Demonstrates Alpha Lifecycle

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We have long suspected that alpha, a key measure of an investment manager's added value, has a finite life span and often tends to decay over time. Our new research proves it, bringing new insights into the nature of alpha and how portfolio managers can act to sustain it.

5 easy ways to improve your process using behavioral science

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Incorporating behavioral science into your investment process doesn't have to be difficult. We present five simple techniques to reinforce the scientific rigor of your investment decision-making routine.