Accomplished investors share their stories, mental models, and what market factors they’re paying attention to today. Host Andrea Gentilini of Novus unpacks what has helped them and hindered them on their diverse roads to success. Modeled after the values of Novus industry research, this is where managers and allocators alike tune in for engaging discussions on how to succeed in the investment world.Read more »
Accomplished investors share their stories, mental models, and what market factors they’re paying attention to today. Host Andrea Gentilini of Novus unpacks what has helped them and hindered them on their diverse roads to success. Modeled after the values of Novus industry research, this is where managers and allocators alike tune in for engaging discussions on how to succeed in the investment world.Read Less
By observing what hedge funds are holding in aggregate, one can potentially isolate themes that produce outsized returns. A best ideas strategy involves the creation of an index or basket of stocks based on hedge fund ownership. However, depending on how you approach the ownership data, outcomes vary drastically. To create an effective best ideas strategy, special care must be given to: (1) data integrity, (2) filer identity, and (3) construction mechanism. In this minisode, Aishwarya Damodharan, Shraman Ghosh, and Nathan Innis of Novus discuss the interworkings of the Novus 4C Indices, and how the Novus Conviction Index has fared in the times of Coronavirus.
WORKS MENTIONED:
13F Research with Barclays– https://indices.barclays/file.app?action=shared&path=qis/insights/qis-insights-13f-alpha.pdf
Consensus vs. Conviction– https://www.novus.com/blog/which-factor-is-truly-a-best-idea
Barclays Partnership– https://www.novus.com/barclays-public-data-partnership
Conviction Index during the Coronavirus– https://www.novus.com/blog/hedge-fund-best-ideas-during-covid-19
SPECIAL NOTICE:
On July 10, 2020, the Securities and Exchange Commission proposed to significantly raise the AUM threshold for funds required to file quarterly 13F disclosures. The new AUM threshold would become $3.5 billion, effectively excluding 90% of current filers. Aside from shrinking the dataset with which best ideas strategies are curated, we anticipate this change would have many negative consequences for the investment community and markets.
Read our analysis of the proposal here: https://www.novus.com/blog/dont-mess-with-13fs
Please consider adding your voice during the 60-day public feedback period by emailing the SEC at rule-comments@sec.gov with subject line “File Number S7-08-20”; or by submitting a comment on the SEC’s website https://www.sec.gov/rules/proposed.shtml
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