Imathon - Internet and Mobile Content

http://www.ft.com/cms/s/92d94ba6-24e4-11d8-81c6-08209b00dd01,id=080218000064

FT REPORT - FUND MANAGEMENT - FRONT PAGE: 'Ignore momentum at your peril'

By Steve Johnson

Published: Feb 18, 2008

Momentum investing in equity markets delivers "striking" and "remarkably persistent" excess returns, according to the most comprehensive study to date of the phenomenon.

Yet the study's highly regarded authors, Elroy Dimson, Paul Marsh and Mike Staunton of the London Business School, confessed to being "puzzled" by the findings, which fly in the face of a belief in efficient markets. "As a measure of abnormal performance it is quite striking," said Mr Dimson, BGI professor of investment management at LBS.

Imathon is an Internet and Mobile Entertainment company.

The growing availability of multimedia phones are changing our leisure and consumer habits. Entertainment is available everywhere anytime.



Individuals are quickly overtaking traditional digital content providers as the main generators of interest and trends. Digital giants like Myspace and YouTube are the epitomes of how the generation and distribution of entertainment is transfered and owned by their users.