Natixis, MIT Team Up For $1 Million Investor Behavior Study

Natixis Global Asset Management will donate $1 million dollars to fund a three-year study of behavioral finance at MIT that aims to find better portfolio construction strategies that deliver solid returns but are still compatible with the way most people think about their investments. It’s partnered with Andrew W. Lo, MIT Sloan School of Management professor and director of the Laboratory for Financial Engineering (LFE). Natixis will also share raw data from its global Investor Insights surveys with feedback from 30,000 individuals. Natixis: Investors’ behavior typically hurts long-term returns “The research we’re funding at MIT will lay the foundation necessary…