RSS Feed

Calendar

March 2024
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
25262728293031

Search

Tag Cloud

Archives

Institutional Investor (April 6)

2017/ 04/ 07 by jd in Global News

“PNC Capital Advisors is putting its large-cap mutual funds under a factor-based computer model.” Now that quant funds tend to outperform human stock pickers, at least in the large-cap space, the move seeks to reduce costs, improve performance and attract more investors. “Quantitative factor-based models” appear to “reduce human being’s tendency to make behavioral mistakes. Portfolio managers are prone to confirmation bias as human beings are rarely swayed by new information that goes against long-held beliefs.”

 

[archive]