Question
Consider the following data for a particular sample period when returns were high. Portfolio P - Average return 35%, beta 1.2 and standard deviation 42%
Consider the following data for a particular sample period when returns were high. Portfolio P - Average return 35%, beta 1.2 and standard deviation 42% Market M - average return 28%, beta 1.0 and standard deviation 30%
Required By the result of the Jensen alpha would you consider the portfolio manager to be a passive or an active manager? Discuss
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Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
