Tuesday, November 12, 2013
Evaluating Absolute Return Managers
By Momtchil Pojarliev, Hathersage Capital Management LLC and Richard M. Levich, New York University Stern School of Business, Finance Department
In their paper, the authors argue that comparing managers’ Alpha Ratio – an alternative Information Ratio which accounts for exposure to risk factors – is a superior approach to measuring manager skill and identifying funds that stand to offer more value added.
Download the full article here.
From the November 2013 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.
In their paper, the authors argue that comparing managers’ Alpha Ratio – an alternative Information Ratio which accounts for exposure to risk factors – is a superior approach to measuring manager skill and identifying funds that stand to offer more value added.
Download the full article here.
From the November 2013 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.
Labels: alpha ratio, Barclay Insider Report, Barclay Insider Report Guest Article, hedge fund research, hedge funds
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