PERFORMANCE MEASUREMENT AND EVALUATION
Auke Plantinga
MPRA Paper from University Library of Munich, Germany
Abstract:
This chapter discusses methods and techniques for measuring and evaluating performance for the purpose of controlling the investment process. However, many of the methods discussed in this chapter are also used in communicating investment performance between the investment management company and it’s (potential) customers. Therefore, performance measurements also play an important role in the competition between investments management companies. Substantial evidence from the net sales of mutual funds shows that investors buy mutual funds with good past performance records although they fail to sell funds with bad past performance.
Keywords: Performance measurement; risk-adjusted performance (search for similar items in EconPapers)
JEL-codes: G11 (search for similar items in EconPapers)
Date: 2007-09-26
New Economics Papers: this item is included in nep-cfn and nep-cse
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:5048
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