Proven Tactical Allocation Strategy Driven by Behavioral Crowds

C. Thomas Howard, PhD, is the CEO and chief investment officer at AthenaInvest, Inc., a Colorado-based investment manager. Tom oversees Athena’s ongoing research which has led to a number of patents, industry publications and conference presentations. He is a professor emeritus at the Reiman School of Finance, Daniels College of Business, University of Denver where he taught courses and published articles for over 30 years in the areas of investment management and international finance.

He is the co-manager of the Athena Global Tactical ETFs, a separately managed account. As of June 30, 2018, since its inception in September 2010, it has had an annualized return of 19.0%, outperforming its benchmark, the MSCI All Country World Index (ACWI) by 900 basis points. It is rated five-stars by Morningstar.

I interviewed Tom last week.

What is the objective of the Global Tactical Strategy and what factors do you use to determine the asset allocation?

The objective of Global Tactical is to build long-horizon wealth by investing in the most attractive market at the right time. We use our patented market barometers, which capture deep behavioral currents in U.S. large and small caps as well as international developed markets, to determine our market rotation strategy.