Danh mục

Issue 78 – Regulatory and Tax Developments in March 2011

Số trang: 6      Loại file: pdf      Dung lượng: 233.73 KB      Lượt xem: 27      Lượt tải: 0    
tailieu_vip

Phí tải xuống: 1,000 VND Tải xuống file đầy đủ (6 trang) 0
Xem trước 2 trang đầu tiên của tài liệu này:

Thông tin tài liệu:

There is some evidence of ‘alpha’ being generated by fund managers through 'skilful transaction activity and asset management. Opportunity fund managers also appear to have generated superior returns through controlling the timing of the buying and selling of assets, although, with performance fees generally charged on IRRs rather than time-weighted returns, it is open to debate as to whom this benefits more - the investor or the fund manager. Generally, core funds were found to have much higher levels of market risk than expected as the sample was found to have a higher than expected beta of 1.61. The research found that core funds have failed...
Nội dung trích xuất từ tài liệu:
Issue 78 – Regulatory and Tax Developments in March 2011

Tài liệu được xem nhiều: