Benchmarks and Investment Management
Description
To highly skilled managers, benchmarks are confining, but to managers without the ability to consistently add alpha and to investors, benchmarks are a boon. In this Research Foundation monograph, the author explores many issues surrounding investment benchmarks and benchmarking and outlines a compromise that might ease the natural tension between active managers who believe they have real skill and bristle at the need to be measured by benchmarks and investors who want a benchmark so they can measure performance. - from Amzon
ISBN(s)
0943205638, 9780943205632
