A pension portfolio manager is about to upgrade his performa…

A pension portfolio manager is about to upgrade his performance calculation software. Currently, his performance software will only calculate his performance on a quarterly basis. The quarterly performance numbers calculated on a money-weigh ted rate-of- return basis for the year 2017 are shown below. The portfolio benchmark has annual return of 4.2 percent and the market index has a return of 3.4 percent.            QUATER                 RETURN             1                               5.35%             2                               -2.34%             3                               4.62%             4                               1.25%   Calculate the rate of return for 2017

Consider the following table of monthly returns for a hedge…

Consider the following table of monthly returns for a hedge fund and an index portfolio. For the purpose of computation, the hurdle rate is the U.S. T-bill rate, assumed to be 6 percent per year.           RETURNS (%)  MONTH    Hedge Fund       INDEX   January 3.5% 2.4% February 4.0% 3.0% March – 2.0% -1.6% April -2.0% -1.0% May 1.0% 0.2% June 1.0% 1.0% What is the Sortino ratio for the hedge fund?

Escucha. Los números. Listen to the recording and write the…

Escucha. Los números. Listen to the recording and write the numbers you hear. (extra 1 pt. for every number you can spell correctly). (5×2=10) á é í ó ú ñ 1. _________________________________ 2._________________________________ 3._________________________________ 4._________________________________ 5._________________________________