Portfolio Management Evaluation Flashcards
1
Q
What does this evaluation entail?
A
Where was the return and what was the level of risk?
Did the portfolio achieve its objectives?
What strategies worked best?
Does the pattern of winning strategies show evidence of manager skill?
2
Q
What is the stage procedure?
A
Establishing portfolio objectives and benchmark
Measuring ex post returns
- to whole process
- to each asset class
- to the various stages of the investment decision making process
Measuring ex post risk
Evaluating performance
