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Performance Evaluation

  • Henrik Lumholdt
Chapter

Abstract

In this chapter, we address the following questions. Which benchmark should be used to assess the performance of active managers? How can we measure the risk-adjusted performance of portfolio managers? Finally, how do we measure how an active manager achieved a given return?

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Henrik Lumholdt
    • 1
  1. 1.Instituto de Empresa Business SchoolMadridSpain

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