Years of market turmoil and uncertainty have left many investors with a bad case of “decision fatigue.” This is not surprising. Research shows that as the number of investment decisions increases, the quality of decision making declines. Can applying insights from behavioral finance help investment managers (and clients) overcome decision fatigue and avoid self-inflicted wounds to their portfolios? The latest issue of CFA Institute Magazine looks at how managers are trying to cope with this challenge.
Other highlights from the November/December issue of CFA Institute Magazine include:
- What makes the new CFA Institute strategic plan so “visionary,” according to Roger Urwin, former planning committee chair.
- Why the current investment environment offers “surprising choices in the search for safety.”
- Understanding the impact of dark pools on market quality.
- How Sheila Bair and the Systemic Risk Council aim to improve systemic oversight.
Plus articles on the prospects for a real estate revival, using intellectual property to generate alpha, how member societies promote market integrity and professional ethics, and member views on reforming LIBOR and eurozone debt mutualization.