Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a portfolio manager claims that the mutual fund he

A portfolio manager claims that the mutual fund he managed obtained a 10%, 6% and...

60.1K

Verified Solution

Question

Finance

A portfolio manager claims that the mutual fund he managed obtained a 10%, 6% and 8% return in the past three years, while the market return was only 8%, 4.8%, and 6.4% in the past three years. Based on this information, do you believe this manager is good at picking stocks? If not, what other information do you need?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

3x 2y z 5 2x 5y z 2 Given the system what would be the...

Algebra
Q

You measure 33 textbooks' weights, and find they have a mean weight of 53 ounces. Assume...

Statistics
Q

Discuss the difference between O&M expenses and capital improvement expenses. How does airport financial accounting factor into...

Operations Management
Q

Two 20.0-g ice cubes at –16.0 °C are placed into 275 g of water at 25.0...

Chemistry
Q

Candice was a high school student on the track team and training for her upcoming cross-country...

Medical Sciences
Q

A rigid tank with a volume of 20 litres initially contains water at 0.1 degree of...

Mechanical Engineering
Q

Weekly production schedules are needed for the manufacture of two products X and Y. Each unit...

Basic Math
Q

Identify the population being studied Itranscript Answer 2 Points The annual salaries of a sample...

Basic Math
Q

Step 1 of 2 If we ignore air resistance a falling body will fall 16t2...

Algebra
Q

Evaluate and simplify the expression when x = 3 and y = 5. ...

Algebra
Q

Blue Corporation and Fuchsia Corporation are engaged in a contract negotiation over the use of...

Accounting
Q

View Policies Jan. 2 3 Current Attempt in Progress Selected transactions for L. Takemoto, an...

Accounting