Thu, Jul 16, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Miami firm launches long/short equity strategy based on behavioral finance research

Friday, September 11, 2015

amb
Dr. Jawad Addoum
Benedicte Gravrand, Opalesque Geneva for New Managers:

Coral Gables Asset Management, LLC (CGAM) was founded in 2014. The Miami-based firm launched on 1st August this year a long/short domestic equity investment strategy. The portfolio focuses on mid-cap stocks which are under-researched and less efficiently priced than large-caps. The strategy employs independent sources of predictable patterns in stock returns, and uses a proprietary investment models to rank stocks based on signal strength. The trading strategy is unique in that it uses ideas from the emerging field of behavioral finance.

Two of the firm's principals, Dr. Jawad Addoum, portfolio manager, and David C. Coggins, principal, talked to Opalesque about the strategy.

Opalesque: What is your strategy based on?

David Coggins: Our strategy is based on research in the emerging field of behavioral finance by the co-founders of our firm: Dr. Alok Kumar, Finance Department Chair at the University of Miami Business School, and Dr. Jawad Addoum, Assistant Professor of Finance at the University of Miami Business School. Our Fund is a quantitative strategy that utilizes geographic diffusion and industry-level political sensitivity to generate alpha.

Opalesque: Your strategy uses three sources of predictable patterns; momentum, sensitivity to the political climate and geographic diffusion. ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m