Fundamental Law of Active Management
Integrating the Building Blocks: Breadth of Expertise A manager may be more or less successful at combining these three sources …
building blocks of active equity portfolio construction
Building Blocks of Active Equity Portfolio Construction
Investors who pursue active management are looking to generate portfolio returns in excess of benchmark returns (adjusted for all costs) …
Active Return
The active return (RA)—of an actively managed portfolio is driven by the difference in weights between the active portfolio and the …