Those who invest in active funds may expect portfolio managers to deliver excess
returns over their benchmark indices for the fee they paid.
Again, what's going to determine that
spread over our benchmark is access to really high - quality businesses trading at reasonable prices.
A company with the lowest of the four investment grade ratings - Baa in Moody's rating system and a BBB from S&P - can borrow at an average of 3.6 percent
points over benchmark treasury.
A company with the lowest of the four investment grade ratings - Baa in Moody's rating system and a BBB from S&P - can borrow at an average of 3.6 percent points
over benchmark treasury.
What people couldn't work out at the California's launch was how Ferrari could claim a sub-4 second 0 - 62mph time for the 275 kg heavier, front - engined car, making it slightly quicker
over the benchmark sprint than its mid-engined stablemate.
It's receivables from cell - phone bills were packaged into bonds, received a triple - A rating and were priced at 55 basis points
over the benchmark triple - A corporate index.
And on Friday, a new class of potential buyers emerged: A trio of Kalanick's closest associates —
angry over Benchmark's lawsuit — wrote in a letter to Uber's board that they have even more investors interested in Uber.
Only the turbocharged, 1.2 - litre TCe 120 petrol model is capable of dipping under the ten second
mark over that benchmark acceleration measure, at nine seconds flat for the newly - introduced manual model or 9.2 sec for the «Efficient Dual Clutch» automatic.
Will the extra power and quattro all - wheel drive in the Audi give it an
edge over the benchmark rear - wheel drive M3?
This means that despite a 10 %
outperformance over the benchmark (20 % vs. 10 %), a more accurate estimation of the portfolio's alpha when adjusting for the risk taken on by the portfolio is about half that.
Exhibit 3 includes the scatterplot of the relative return of the HYLV index
over the benchmark from spread changes versus benchmark spread returns.
The positive information ratio of Group 1 also highlights that small - cap companies with profitability characteristics were able to generate higher excess
returns over the benchmark (the small - cap universe in this case) on a consistent basis.
Also, BlackRock assumed that the fund achieved 150 basis
points over its benchmark every year for 20 years — nice returns if you can get them (thus resulting in more dollars to trade).
Among all the fund categories, the Indian ELSS and Indian Equity Mid - / Small - Cap funds offered the most pronounced excess return
over their benchmarks, the S&P BSE 200 and S&P BSE MidCap, respectively.
We first determine the excess return
over a benchmark (the alpha) then determine the regularity of the excess returns by calculating the standard deviation of those returns.
Saudi Aramco lifts the Arab Light price for May by a dime per barrel to $ 1.20
over the benchmark, reports Bloomberg.