Hey Theta Managers! We’ve rolled out an enhancement to the benchmark comparisons on the Theta site. It’s a feature update that has been on the to-do list for a long time and is now live.
Subscriber Site and guest pass users have been able to select from a list of benchmarks to create performance and risk metrics based on the benchmark selected. In the past, the strategy page always defaulted to the S&P 500 TR benchmark.
Now managers can assign a default benchmark to each model or strategy. Here are the choices:
S&P 500 TR
Nasdaq Composite
Nasdaq 100
Dow Jones Industrials
Vanguard Total Bond Index
PHLX Gold/Silver Sector
60% SP500TR / 40% Vanguard Total Bond
50% SP500TR / 50% Vanguard Total Bond
To assign a benchmark, follow these steps:
The default benchmark you just selected will be the default seen by your guest pass users and all Subscribers.
Thank you for being a part of the Theta community!
]]>As I’ve mentioned before, please note that our address has changed. We are still in Austin, Texas, just a few miles up the road from our old location. I’m sure you know that whether the move is 3 miles or 300 miles, the packing, loading, unloading and setup are the same.
Here’s our new address. If you have statements sent to us, please update the custodian’s records.
Theta Research, LLC
9433 Bee Cave Road
Suite 3-201
Austin TX 78733
Mike Posey Retiring
I’ve been slow in getting this news out, although I’ve spoken with many of you already about Mike’s retirement. Mike and I have worked together for nearly 25 years and the last 12 have been about Theta Research. I can remember him coming to me with the idea of taking over Theta years ago and since then we’ve had quite the ride. We wish Mike well as he has the chance now to spend more time with grandkids!
Price Increase
We have always worked to keep our verification service very affordable. Our tracking price has been the same since we began operations in 2012, but it’s time for a price adjustment.
Beginning July 1st, the annual tracking fee will be $250 per year. New models will be subject to a $50 set up charge, and past performance input billed at $125/hour.
As always, we appreciate your continued business!
Henry
]]>The National Association of Active Investment Managers (NAAIM) has issued a renewed call for competitors for its Active Investing Strategy Competition (AISC). Since 2013, this unique challenge has allowed investment managers to gain exposure to new ideas employing active management strategies, possibly leading to new business relationships.
Investment Managers wishing to participate are requested to submit a written application to the Competition Committee for consideration. Finalists will present their strategies at the NAAIM Uncommon Knowledge Conference in Scottsdale, AZ on May 7, 2023.
For Investment Managers who employ active strategies, competing in NAAIM’s AISC provides exposure to a room full of Advisors, many of whom are seeking viable sub-advisory relationships. It’s an opportunity to describe your investment approach to the markets in your own words and answer questions posed by a panel of seasoned professionals.
The opportunity to present your active strategy to other Advisors representing literally billions of dollars of client assets doesn’t come around every day. The NAAIM competition could provide the exposure necessary to take your business to the next level. The winning Investment Manager will also be awarded the following 2023 Grand Prize Package:
To learn more about the Competition and how to apply to compete in this year’s contest, visit the Competition Information Page on the NAAIM website.
Apply Online: 2023 Competition Application
We hope to see you at the upcoming NAAIM Conference!
]]>9433 Bee Cave Rd
Bldg III Suite 201
Austin TX 78733
Our phone number remains the same.
]]>Overall, our managers are happy with our service and use terms like “reliable,” “high quality” and “good value for the money” to describe us. The performance and risk statistics shown now seem to be the most important to them, although adding additional statistics, such as Sharpe and Sortino ratios, would be desirable.
They particularly expressed that the site needs a facelift and the ability to better view the manager pages on a mobile device. Selectable start and end dates for statistics also made the update list, as did default benchmarks and a fact sheet option.
We have plans to begin these updates this month and start the rollout in October. If you have any other suggestions, email Henry at henry@thetaresearch.com.
You can view the full set of survey results here.
]]>Uncommon Knowledge® is the nation’s preeminent conference for the Active Investment Manager. With a wide variety of speakers and panelists, plus plenty of networking opportunities, it’s no wonder that this conference has been around for over 30 years. You won’t want to miss these 3-4 days packed with information on trading techniques, risk management and investment management strategies, not to mention the latest in technology and marketing tips to run your practice.
Stop by the Theta Research table on Tuesday, April 26, to say hello to Henry Rohlfs, Theta’s tech director. If you haven’t already, get the details on the conference agenda and register today.
]]>The National Association of Active Investment Managers (NAAIM) has extended the deadline for investment managers to participate in the 2021 Active Investing Strategy (AIS) Competition, formerly known as the NAAIM “Shark Tank.” Since 2013, this unique challenge has allowed NAAIM Members to gain exposure to new ideas employing active management strategies, possibly leading to new business relationships.
Investment managers wishing to participate in this virtual event are requested to submit a written application and present their strategy to the committee in the preliminary contest through June 4. Selected finalists will present their strategies in a virtual event on June 23 and 24, 2021. NAAIM AIS Competition preliminaries have been broadened to accept applications from members as well as non- members. Finalists will be required to become NAAIM members.
For Investment Managers who employ active strategies, competing in NAAIM’s AIS Competition provides exposure to a room full of Advisors, many of which are seeking viable sub-advisory relationships. It is an opportunity to describe your investment approach to the markets in your own words and answer questions posed by a panel of seasoned professionals.
The opportunity to present your active strategy to other Advisors representing literally billions of dollars of client assets doesn’t come around every day. The NAAIM AIS Competition could provide the exposure necessary to take your business to the next level.
To learn more about the NAAIM organization and rules of the AIS Competition, check out the AIS Competition page on the NAAIM website.
All the best,
Mike
]]>Our systems consultants will be on-site installing a new Internet connection that will be twice the speed of our current configuration, so look for response times to be even better in the future.
The move will not affect any of Theta’s contact information other than to change suite numbers from 200 to 100, as follows:
Theta Research
11719 FM 2244, Suite 100
Austin, TX 78738
(512) 628-5201
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