Plato establishes new academic board
Boutique fund manager Plato Investment Management has established an academic board to assist in the research and development of its quantitative investment processes.
Plato managing director Don Hamson said the academic board was founded to keep the new quantitative Australian equities boutique fund manager abreast of financial market research by providing it with a link into academic research, both published and unpublished.
“Our academic board members will provide an ongoing literature review of finance, accounting and other related academic research which can aid in the identification or implementation of our alpha strategies,” Hamson said.
The first two members of the Plato academic board are Professor Ron Bird and Professor Philip Gray.
Professor Bird joins the board with an extensive background in the funds management industry. He moved to funds management with Westpac Investment Management, then joined GMO to set up its Australian operations as well as being responsible for coordinating GMO’s global research activities. More recently, Bird helped establish MIR Investment Management.
Gray is professor of finance at the UQ Business School and is well-known for his research into return predictability and stock market anomalies. His research has been published in highly regarded finance journals including the Journal of Finance and the Journal of Business.
Plato Investment Management is an Australian owned quantitative boutique fund manager within the Pinnacle Investment Management Group. Plato currently has $35 million under management in its Plato Australian Shares Core Fund.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.