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Lecture Investments (6/e) - Chapter 24: Futures markets

How can we evaluate the performance of a portfolio manager? It turns out that even average portfolio return is not as straightforward to measure as it might seem. In addition, adjusting average returns for risk presents a host of other problems. In this chapter, we begin with the measurement of portfolio returns. From there we move on to conventional approaches to risk adjustment. We identify the problems with these approaches when applied in various situations.

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Lecture Investments (6/e) - Chapter 24: Futures markets Lecture Investments (6/e) - Chapter 24: Futures markets Investment environment, Lecture Investments, Active portfolio management, Capital markets, Portfolio performance evaluation, Measuring investment returns
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