RT Journal Article
SR Electronic
T1 Evidence in Support of Shorter-Term<br/>Market Timing
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 36
OP 48
DO 10.3905/jwm.2012.15.2.036
VO 15
IS 2
A1 Haim A. Mozes
A1 Serge Cooks
YR 2012
UL https://pm-research.com/content/15/2/36.abstract
AB In this article, the authors provide evidence that market timing is possible over the shorter time periods that institutional asset allocation approaches typically consider. The evidence is based on the performance of components typically used in quantitative market timing approaches as well as the finding that hedge funds have successfully practiced market timing over the past 20 years and that market timing is the source of at least half of hedge fund alpha.TOPICS: Real assets/alternative investments/private equity, quantitative methods, performance measurement