Do Commonly Used Ways of Measuring Performance Actually Benefit the Client?
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Do Commonly Used Ways of Measuring Performance Actually Benefit the Client?
Lars Källholm, Trevise Unibank Investment Management AB and
Jenny Bäckström, Trevise Unibank Investment Management AB
This paper discusses the commonly held definitions of "risk" and "active management," and takes a look at some of the underlying assumptions often made. It also presents a modification of Value at Risk.
Do Commonly Used Ways of Measuring Performance Actually Benefit the Client?
Lars Källholm, Trevise Unibank Investment Management AB and
Jenny Bäckström, Trevise Unibank Investment Management AB
