London, United Kingdom, March 04, 2010 --(PR.com
)-- Professor Andrew Clare and Dr Nick Motson of Cass Business School, London, have jointly been awarded a prestigious award for their research into the risk-taking behaviour of hedge-fund managers. They were awarded the 2009 Sciens Capital Award for “Best Academic Article”, in conjunction with The Journal for Alternative Investments, for their paper ‘Locking in the Profits or Putting It All on Black? An Empirical Investigation into the Risk-Taking Behavior of Hedge Fund Managers’.
The Journal of Alternative Investments is a quarterly publication offering academic and practitioner research in alternative investments. The Sciens Capital Award recognises the top two articles in The Journal of Alternative Investments published over the previous year and is voted on by the journal’s distinguished advisory board. The 2009 Sciens Capital Award was chosen from the best articles published by The Journal of Alternative Investments’ Winter 2009, Spring 2009, Summer 2009, and Fall 2009 issues.
The annual Sciens Capital Award is sponsored by Sciens Capital Management, a New York-based investment management firm specialising in global diversified alternative investments. The award consists of a $2,500 prize for each of the two award winning papers.
On winning the award, Cass Business School academic, Professor Clare said: “It’s a very unexpected, but great honour to have won such a prestigious award.”
Dr Motson said:” We are honoured that our research has been recognised in such a way and we look forward to continuing our research into alternative investments."
Located in the heart of London’s financial district, Cass Business School (http://www.cass.city.ac.uk) is a leading provider of business and management education.
Our MBA is recognised globally as a market leader, we have the widest portfolio of Specialist Masters programmes (MSc) in Europe and our Undergraduate School is one of the best in the UK. Ranked in the UK’s top 10 business and management research schools, means we attract leading PhD students.