The past performance of investment managers is often imagined to be a useful predictor of future returns. In our industry, intuition does not correspond with reality as a good period of performance is just as likely to be followed by a poor one. This would not be such a problem were it not for the fact that even some of the smartest investors tend to disregard the evidence and their own bitter experience, and treat track records as short hand for skill. “If they had outperformed then they must be skillful, and vice versa”.
Inalytics GLG Case Study
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...