Improving the Odds on Discovering Skilled Equity Managers
Posted on 12/03/2015
In the next section of our Chasing Alpha series, we are honing in on selecting skilled equity managers, specifically long-only, active managers. Manager skill can essentially be defined as the fund’s alpha, or benchmark-adjusted expected return. Identifying equity managers that can consistently generate alpha is a Herculean task. Why is this? Once an equity portfolio […]
