Category: Research Paper

Using the Inalytics Peer Group, through analysing over 100 million investment decisions we have made several key observations on how portfolio managers behave and generate alpha. From running winners and cutting losers, to staying rational when underperforming and managing bad news, the key to investment success is the ability to make objective and informed decisions.…

Measuring performance Does investment skill exist? If so, how can it be measured? Traditionally, market participants and commentators have hunted for evidence of investment skill in industry wide databases of track records. This flawed approach of relying on track records to separate luck from skill has proved inconclusive and cast further doubt. Determining luck from…

On 20th April 2010 an explosion sank the Deepwater Horizon platform and caused oil to flow into the Gulf. On 15th July a temporary seal was completed, followed by the fitting of the permanent cap on 19th September. Eleven people died in the disaster and 3.2 million barrels of oil leaked into the Gulf. This…