{"id":5489,"date":"2017-04-07T00:05:31","date_gmt":"2017-04-06T15:05:31","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=5489"},"modified":"2017-04-06T19:07:41","modified_gmt":"2017-04-06T10:07:41","slug":"institutional-investor-april-6","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=5489","title":{"rendered":"Institutional Investor (April 6)"},"content":{"rendered":"<p>\u201cPNC Capital Advisors is putting its large-cap mutual funds under a factor-based computer model.\u201d 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. \u201cQuantitative factor-based models\u201d appear to \u201creduce human being\u2019s 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.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cPNC Capital Advisors is putting its large-cap mutual funds under a factor-based computer model.\u201d 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. \u201cQuantitative factor-based models\u201d appear to \u201creduce human being\u2019s tendency to make behavioral mistakes. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6725,1003,61,6723,1313,2035,6722,5087,5796,6724],"class_list":["post-5489","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-confirmation-bias","tag-costs","tag-investors","tag-large-caps","tag-mutual-funds","tag-performance","tag-pnc","tag-portfolio-managers","tag-quantitative","tag-stock-pickers"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/5489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5489"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/5489\/revisions"}],"predecessor-version":[{"id":5490,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/5489\/revisions\/5490"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}