Behavioural Finance for Equity Investors 2022 | [i3] Investment Innovation Institute | 2 November 2022 | UBS Asset Management (Australia) Ltd, The Chifley Tower Level 16, Sydney NSW 2000, Australia
Venue
UBS Asset Management (Australia) Ltd
UBS Asset Management (Australia) Ltd, The Chifley Tower Level 16, Sydney NSW 2000, Australia
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| Event Date |
Thu Nov 3 AEDT (about 2 years ago)
In your timezone (EST): Wed Nov 2 9:00am - Wed Nov 2 9:00am |
| Location |
UBS Asset Management (Australia) Ltd
The Chifley Tower Level 16, Sydney NSW 2000, Australia |
| Region | APAC |
Details
In this luncheon, Simon Russell will discuss his new book on behavioural finance and give insights into his work with institutional equity teams
Finance has given us fascinating insights into the biases and preconceptions that people face when making financial decisions, but much of the research applies to relatively naive, individual investors, or even university students.
Professional investors are different. They have usually built their expertise on years of study and experience. And their decisions often result from following thorough and detailed investment processes.
Yet, despite the notion that these investors might be more aware of the pitfalls of inherent biases, they are not immune to them. The book explores how to ensure that financial forecasts are robust, while adequately accounting for easily overlooked statistical processes, such as mean reversion. It looks at strategies for knowing when to sell, while mitigating the risks of confirmation bias and loss aversion.
In this luncheon co-hosted with UBS Asset Management, Russell will discuss his new book and provide some real-life examples of how professional investors are susceptible to behavioural effects.
Speakers
2022 Speaker
Simon Russell
Director, Behavioural Finance Australia