Importance of the market portfolio description in the assessment of a sample of Spanish investment funds through the Jensen’s Alpha
The right assessment of the investment funds performance and of the manager’s ability to add value with their management is an important aspect to which has been paid special attention. Among the traditional performance measures, one of the most used is the Jensen’s alpha. However, one of the main p...
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| Format: | Article |
| Language: | English |
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Universidad del País Vasco (UPV/EHU)
2003-06-01
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| Series: | Management Letters/Cuadernos de Gestión |
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| Online Access: | http://www.ehu.es/cuadernosdegestion/revista/index.php/en/published-issues?y=2003&v=3&n=1&o=3 |