Jason Voss

Active investment managers are constantly on a quest to deliver alpha. Increasingly this is harder and harder to do with the success of passive investment strategies; increased competition in active strategies; increased amounts of, and access to, data; and unsympathetic clients. Yet, few investors realize that the definition of alpha is nearly identical to that of creativity.

This presentation demonstrates that creativity is not the exclusive purview of a gifted few. Specifically it covers the well-established neuroscience of creativity, and shares how investment professionals can implement the necessary conditions leading to more creative, alpha-enhancing performance.

Radical changes are afoot in the investment management industry affecting all firms. An overview of how very different 21st century finance is from 20th century finance provides a framework for understanding how to better compete and to seize new business opportunities.

For example, most investment firms have spent a disproportionate amount of executive attention to new product creation. But clients are already confused by their current offerings. Also, the only conversation most investment firms dare to have with their clients is about retirement. This presentation discusses new ideas about service innovations, and more client conversations to have beyond just retirement.

Based on the Harriman-House behavioral finance book, of which MarketPsych's Richard L. Peterson, M.D. said:

"Wow! I expected a terrific book from Howard and Voss, but ROAM knocked me back. It’s a once-a-decade genre-defining must-have-on-every-investor’s-bookshelf type of book. Read this and your wealth (and life!) will be wiser and smoother for it."

Topics covered include:
* Why active management is failing
* The major behavioral biases
* Behavior is alpha
* How to take advantage of behavioral biases to deliver alpha for the benefit of our end clients