{"title":"Revision of Index performance calculations","authors":"J. Glansbeek, S. Conway","doi":"10.1080/10293523.1994.11082341","DOIUrl":null,"url":null,"abstract":"ABSTRACTRelative performance measurement and incentive fees increase the need for accurate performance benchmarks. This paper identifies a significant bias and error in the current performance calculations for the Actuaries All Bond Index. A single correction to the traditional formula takes into account the actual income payment frequency of assets is proposed to eliminate this bias.","PeriodicalId":126195,"journal":{"name":"The Investment Analysts Journal","volume":"13 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1994-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Investment Analysts Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10293523.1994.11082341","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
ABSTRACTRelative performance measurement and incentive fees increase the need for accurate performance benchmarks. This paper identifies a significant bias and error in the current performance calculations for the Actuaries All Bond Index. A single correction to the traditional formula takes into account the actual income payment frequency of assets is proposed to eliminate this bias.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
