Batting 1000?
Ratios, averages and manager selection. The Information Ratio(IR)is commonly used to measure the success or failure of money managers. Conceptually, it’s simply the ratio of the excess returns to the excess risk of an investment strategy relative to a benchmark. Unfortunately, when a fund manager quotes only the IR at the end of some fixed […]
- June 1, 2006 September 13, 2019
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