Good, Bad, or Lucky? Evaluating Manager Performance

2:45 PM - 3:45 PM

Stock return volatility presents a challenge in evaluating investment performance. Uncertainty in return premiums and the range of outcomes across the investment landscape can produce false outcomes in mutual fund assessment. In addition, traditional performance metrics such as Sharpe ratios or factor model output have limitations in describing the investor’s experience. In this session, we present a framework for a more robust approach in evaluating manager performance.

Learning Objectives:

  • Gain perspective on the effect of market volatility
  • Highlight limitations of traditional measurements
  • Explore examples of alternative evaluation tools

This session is sponsored by Dimensional Fund Advisors.