LITTLETON, Colo., Aug. 23, 2012 /PRNewswire/ -- The National Association of Active Investment Managers (NAAIM) has announced the call for papers in the 2013 Wagner Award paper competition. In its fifth year, the Wagner Award promotes awareness of active investment management techniques and the results of active strategies through the solicitation and publication of research on active management.
A $10,000 grand prize will be awarded to the best paper that critically looks at how investors might better manage portfolios during market downturns, yet still capitalize on the market's periods of superior performance. Papers must be of practical significance to practitioners of active investing.
The competition is open to all investment practitioners, academic faculty and doctoral candidates in the field. The goal of the Wagner Award is to provide academic substantiation of the viability of active management and evidence of the validity of active investing.
Inquiries and submissions should be electronically submitted to [email protected] and the subject line should indicate "2013 Paper Submission." Final papers (up to 30 pages) together with a required 750-1000 word abstract must be submitted by February 28, 2013 to qualify for the competition. Awards will be announced by March 31, 2013. For more information, visit www.naaim.org/resources/wagner-award/.
About the Wagner Awards
In honor of the vision and work of NAAIM founding member and president and CEO of Flexible Plan Investments, Ltd., Jerry Wagner, the Wagner Award for Advances in Active Investment Management annually awards $10,000 to a first-placed paper providing evidence of the validity of an active investing approach using a trading system that outperforms the market by some well accepted metric such as risk-adjusted return, annual return or drawdowns. Second-place and third-place winners are awarded $3,000 and $1,000, respectively. A jury of investment professionals selected by the Wagner Award committee reviewed entries judging papers on the: practical significance to practitioners of active investing; quality of exposition; analytical rigor; and novelty of results. Top winning papers and entries can be found at: http://www.naaim.org/resources/wagner-award/.
The 2012 top prize went to Gary Antonacci, of Portfolio Management Associates of Sarasota, Florida, for an innovative white paper entitled, "Momentum Success Factors."
The National Association of Active Investment Managers (NAAIM) is a non-profit trade group of nearly 200 registered investment advisor firms that collectively manage over $31 billion in assets. NAAIM member firms provide active money management services to their clients to produce favorable risk-adjusted returns as an alternative to more passive, buy-and-hold investment strategies. NAAIM publishes the weekly Survey of Manager Sentiment, the NAAIM Active Mutual Fund (AMF) Index, and sponsors the annual Uncommon Knowledge conference along with smaller conferences on managing portfolios, trading techniques for various instruments and markets, regulation and compliance, and other topics of interest to its membership. For more information, visit www.NAAIM.org.
SOURCE National Association of Active Investment Managers