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- UID
- 218212
- 帖子
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- 主题
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- 注册时间
- 2011-5-26
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- 2012-9-12
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MWR better when PM controls the CF (PE and RE unds)
TWR better measure as it encompasses all cash flows
TWR can be cumbersome if CFs occur daily
MWR is done via a computer (IRR calc)
MWR skews returns if large CF occurs just prior to a large increase/decrease in the portfolio |
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发表于 2011-7-13 13:04
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