Return Dispersion and Active Management
The cross-sectional variation of U.S. stock returns has been unusually high in the past few years. The wide dispersion in security returns has led to correspondingly wide dispersion in fund returns. For example, the cross-sectional standard deviation of returns on actively managed domestic equity mu...
| Veröffentlicht in: | Financial Analysts Journal. - The Financial Analysts Federation, 1960. - 57(2001), 5, Seite 29-42 |
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| Weitere Verfasser: | |
| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2001
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| Zugriff auf das übergeordnete Werk: | Financial Analysts Journal |
| Schlagworte: | Performance Measurement and Evaluation: manager selection Financial Markets: other Investment Theory: efficient market theory Economics Mathematics |
| Online verfügbar |
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