September 2007
The Morningstar style box methodology, which has dominated the mutual fund industry since its introduction in 1992, is about to be challenged by a new commercial venture. AthenaInvest is the brainchild of Tom Howard, a professor of finance at the … Continue reading
Posted in Active Equity Exchange
Tagged Advisor Perspectives, Athena, Fund Categorization, Howard, Investment Strategy, Style Box
In the Journal of Investment Consulting (Winter 2005-06) and in a series of articles in Investment Advisor (September 2005, February 2006, and March 2006), we made the case that constraining investment managers to “boxes,” defined by market capitalization and value-growth … Continue reading
Posted in Active Equity Exchange
Tagged Fund Categorization, Investment Advisor, Investment Strategy, Style Box