Manager selection: Information content of track records

When selecting managers, institutional investors usually consider historical track records as evidence of performance in their selection decision. Our colleagues Dr. Marc-André Göricke and Mark Heiden have empirically investigated the performance persistence of active asset managers using the example of U.S. small cap strategies and derive procedures how the selection decision can be optimized by track record analysis. We are very pleased that the article has now been published in the current issue of the Absolut Report of Absolut Research GmbH. You can access the article of our colleagues under the following link after a short registration: Absolut Report. We hope you enjoy reading the article and are available for a further discussion of the research results.