LITTLETON, Colo., March 8, 2012 /PRNewswire/ -- The National Association of Active Investment Managers (NAAIM) has closed its deadline for paper submissions for the NAAIM 2012 Wagner Award for Advances in Active Investment Management. In its fourth year, the contest has seen tremendous success with paper submissions nearly doubling over 2011 and tripling since the competition began in 2009. For the 2012 contest, 22 entries were received by the deadline of February 29.
The 2011 Wagner Award received an international response, with authors from New Zealand, Germany and India and across the U.S. from Washington, D.C. to Florida to Colorado. This year is no different, with paper submissions from around the world.
The NAAIM Wagner Award is designed to expand awareness of active investment management techniques and the results of active strategies through the solicitation and publication of research on active management. 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.
A jury of investment professionals selected by the Wagner Award committee will review entries and award the prizes. The criteria used in judging the papers are: practical significance to practitioners of active investing; quality of exposition; analytical rigor; and novelty of results. Awards will be announced at the NAAIM annual conference: "NAAIM Uncommon Knowledge 2012," May 7–9, 2012 at the InterContinental Buckhead Atlanta in Georgia.
An award of $10,000 is presented annually for the best paper submitted to the competition. Second and third place papers will receive $3,000 and $1,000, respectively. In addition, the grand prize winner will be invited to present his/her paper at the NAAIM annual conference. Complimentary conference attendance, U.S. air travel and lodging will be provided for the grand prize winner.
Previous winning papers and entries can be found at: http://naaim.org/wagneraward.aspx.
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 The National Association of Active Investment Managers