Even the best fund managers tend to pick stocks that outperform less than 50% of the time. That’s not a flaw in the system. That is the system. Yet some active managers consistently win more from the decisions they get right, than they lose on the decisions they get wrong – enabling them to generate alpha regardless of market conditions. By understanding the investment behaviours of these stock market “maestros”, practitioners can not only identify highly skilled fund managers but also improve their own portfolio construction decisions, better equipping them to deliver the ultimate “prize” for clients - financial wellbeing.

Clare Flynn Levy

Decision attribution analysis provides a crucial lens on equity manager skill, benefiting asset owners and fund buyers as they select and monitor managers.

Clare Flynn Levy | 0.50 CE