Exploiting Consensus Mutual Fund Conviction Stock Picks
October 30, 2018 - Mutual/Hedge Funds, Sentiment Indicators
Does combining the wisdom of multiple stock-picking models via ensemble methods, as done in forecasting landfall of hurricanes, improve investment portfolio performance? In their September 2018 paper entitled “Ensemble Active Management”, Alexey Panchekha, Robert Tull and Matthew Bell test the application of ensemble methods to active portfolio management, looking for consensus or near-consensus among multiple, independent stock picking sources. Ensemble… Keep Reading