Abstract

Fund sponsors and others who must evaluate simulated investment results should carefully question the simulation process. In particular, they should ask about the data base used, the portfolio construction technique, and the assumptions the manager made about portfolio tumrover and transaction costs. The manager should be able to document construction of the simulation and defend the decisions that went into

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.