Hi,
Can anyone help me on issues involved in the use of Sharpe ratio to evaluate hedge fund performance?
Many thanks,
Lee
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Reading 36 - LOS s:
critique the conventions and special issues involved in hedge fund performance evaluation, including the use of hedge fund indices and the Sharpe ratio;
Issues involved in the use of indices:
- Bias in index creation
- Relevance of past data on performance
- Stale price bias
- Survivorship bias
- Backfill bias |
发表于 2011-7-13 16:32
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