New Book by Harriman House, "Return of the Active Manager," Focuses on Applying Behavioral Finance to Improve Investment Returns
Behavioral finance thought leaders Tom Howard and Jason Voss share insights from decades of research and portfolio management
DENVER, Oct. 17, 2019 /PRNewswire-PRWeb/ -- Emotional behavior and biases run throughout financial markets, that is a given. But it is not enough to simply know that investors make biased decisions. What do we do about it?
Active investment managers have struggled in recent years to beat passive investment vehicles like index funds and ETFs. Released this month, "Return of the Active Manager" aims to redress the balance by providing multiple tools for investment professionals to implement an understanding of behavioral finance and improve the returns of their clients.
The authors, C. Thomas Howard, PhD and Jason Apollo Voss, CFA, are two seasoned active investment managers who are not shy about sharing the many insights gleaned from their decades of research and portfolio management. Both are recognized thought-leaders in behavioral finance.
"Active equity funds have seen massive outflows but within this pending disaster, the seeds are sown for an active equity revival," commented C. Thomas Howard, CEO and Chief Investment Officer of AthenaInvest. "'Return of the Active Manager' presents a set of innovative behavioral prescriptions for delivering value in this new environment, as a financial advisor, investment consultant, analyst, portfolio manager, or investment management firm."
The book explains how active investment management firms must adapt to an evolved investment ecosystem by changing their organizations to avoid behavioral shortcomings. Other helpful tools covered in the book include: using big data to reveal behavioral anomalies; finding behavioral insights in quarterly financial statements; taking advantage of in-person exchanges; the use of meditation to overcome biases; proper use of lie detection techniques during management interviews and the secret criteria for identifying active investment managers most likely to consistently succeed.
"As behavioral finance transforms the financial industry, an opportunity arises to rethink every aspect of investment management," noted Jason Voss, CEO of Active Investment Management (AIM) Consulting. "This book provides the soup to nuts behavioral prescriptions for how this can be accomplished."
An indispensable tool for research analysts, portfolio managers, private wealth advisors and manager search consultants, "Return of the Active Manager" views financial markets through a behavioral lens and prescribes actionable strategies that build on the lessons of behavioral finance.
About the Authors
C. Thomas Howard has taught, researched, consulted and invested in stocks for over 40 years. A professor at the University of Denver, he has taught stock analysis to audiences ranging from young undergraduates to adult seminar audiences in Italy and Denmark. A prolific writer, Howard is quoted regularly in Barron's, Money Magazine and other consumer publications.
Jason Apollo Voss Voss is the CEO of Active Investment Management (AIM) Consulting. He also served as the Director of Content for CFA Institute, the world's largest organization of financial professionals. He is a frequent go-to interview for the likes of the Wall Street Journal, Barron's, the BBC's Today Program and many others. Jason earned his BA in Economics and MBA from the University of Colorado.
Get more information on the book release, or order today at Amazon.
Media Inquiries
Pamela Saunders
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Pamela.Saunders(at)AthenaInvest(dot)com
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Protected by US Patents 7734526, 8352347, 8694406 and Singapore Patents 150371 and 184692 and Taiwan (R.O.C.) Patent 200829170.
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SOURCE AthenaInvest
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