Question: Suppose that the active return for a portfolio over the past year was 130 basis points after management fees. What questions would you have to

Suppose that the active return for a portfolio over the past year was 130 basis points after management fees. What questions would you have to before concluding that the manager’s performance was exceptional?

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Clients of asset management firms need to have more information than merely if a portfolio manager outperformed a benchmark and by how much For exampl... View full answer

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