n Management Today - Institute of Behavioural Finance launched




Extracted from text ... 24 Management Today March 2005 A new research and training institute in the investment sector - the Institute of Behavioural Finance (IBF) is being established in Johannesburg. According to Prof Zak Nel, CEO and executive dean of IBF, the Institute will focus on the study and research of behavioural biases and their effects on the financial markets. "In essence, behavioural finance is the study of how investors, investment advisors and analysts interact and act on information when making investment decisions, " said Prof Nel. "It is normally closely related to behavioural economics and attempts to explain investor behaviour or market ..


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