We were happy to receive news a while back that our paper, “Turning Beta Into Alpha – Credit-informed Tactical Asset Allocation” received an Honorary Mention from the 2012 Wagner Award competition of the National Association of Active Investment Managers (http://naaim.org). This represents the first time the committee presented this type of recognition.
In a nutshell, we outline how to use signals from the credit market to make equity market timing decisions. There is plenty more work to be done in this area, but we were honored to have our work recognized. The paper is available below the fold.