EDHEC-Risk Concept Industry Analysis Featured Analysis Latest EDHEC Surveys Research News Research Papers Books Features Interviews Indexes and Benchmarking EDHEC Alternative Indexes EDHEC IEIF Commercial Property Indices Hedge Fund Indices Literature EDHEC's Position on the Eligibility of Hedge Fund Indices for UCITS Assessing the Quality of Stock Market Indices EDHEC European ETF Survey Core-Satellite Investing CASAM "Core-Satellite and ETF Investment" Research Chair Style and Performance Analysis Hedge Fund Performance EuroPerformance-EDHEC Style Ratings Alpha League Table IPE-EDHEC Institutional Asset Management Awards (IAMA) Rating the Ratings Performance Measurement for Traditional Investment Asset Allocation and Alternative Diversification EDHEC European Alternative Diversification Practices Survey Hedge Fund Style Allocation EDHEC Funds of Hedge Funds Reporting Survey The Amaranth Case The Hedge Fund Debate Core-Satellite Investing Morgan Stanley Investment Management "Financial Engineering and Global Alternative Portfolios for Institutional Investors" Research Chair Newedge "Advanced Modelling for Alternative Investments" Research Chair Asset Allocation and Derivative Instruments Structured Forms of Investment Strategies FBF "Structured Products and Derivatives" Research Chair Use of Derivatives in Asset Management ALM and Asset Management Solvency II Impact of IFRS & Solvency II on ALM & AM in Insurance Companies Managing Pension Assets Benefits of Hedge Funds in ALM ALM Decisions in Private Banking AXA Investment Managers "Regulation and Institutional Investment" Research Chair BNP Paribas Investment Partners "ALM and Institutional Investment Management" Research Chair ORTEC Finance "Private Asset-Liability Management" Research Chair Deutsche Bank "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" Research Chair UFG "Dynamic Allocation Models and New Forms of Target-Date Funds for Private and Institutional Clients" Research Chair Best Execution and Operational Performance MiFID TCA in Europe: Current & Best Practices Mitigating Hedge Funds Operational Risks CACEIS, NYSE Euronext and SunGard "MiFID & Best Execution" Research Chair Events Events organised by EDHEC CAIA Level II Review Seminar, Paris, 1-3 July, 2009 Events involving EDHEC's participation EDHEC Publications Reports, Surveys and Position Papers Academic Publications All EDHEC Publications Investment Management Review Editorial Policy Subscriptions EDHEC Risk and Asset Management Research Centre Presentation Research Programmes Research Chairs International Advisory Board Partners Team EDHEC-Risk News Press Releases EDHEC in the Press Careers EDHEC Business School EDHEC Asset Management Education EDHEC PhD in Finance Asset Management Seminars CAIA Preparation Contact Us Contact Us
Performance and Style Analysis
Style and Performance Analysis
The scientific goal of the research is to adapt the portfolio performance and style analysis models and methods to tactical allocation. The results of the research carried out by EDHEC thereby allow portfolio alphas to be measured not only for stock picking but also for style timing.
HEDGE FUND PERFORMANCE
The purpose of this specialized section is to highlight some specific characteristics of hedge funds and their implications in terms of performance measurement.
EUROPERFORMANCE-EDHEC STYLE RATINGS
A detailed description of the methodology behind the EuroPerformance-EDHEC Style Ratings.
ALPHA LEAGUE TABLE
The background, results and methodology of the first European ranking of asset management firms based on an accurate measure of risk-adjusted performance.
IPE-EDHEC INSTITUTIONAL ASSET MANAGEMENT AWARDS (IAMA)
The aim of the IPE-EDHEC Institutional Asset Management Awards (IAMA) is to use state-of-the-art financial research to reward asset managers on an objective basis. The IAMAs are the result of a quantitative evaluation of the quality of the institutional asset management offerings from investment management firms in Europe. This evaluation takes account not only of the performance of active portfolio management (alpha), but also of the relevance of the long-term allocation choices (beta) and the quality of risk management.
RATING THE RATINGS
A detailed summary of the study of the insufficiencies of the existing rating methods which puts into perspective the responses given to the inadequacies of the existing ratings by the EuroPerformance-EDHEC Style Ratings.
PERFORMANCE MEASUREMENT FOR TRADITIONAL INVESTMENT
A study presenting the state of the art of performance measurement in the area of traditional investment, from a simple evaluation of portfolio return to the more sophisticated techniques including risk in its various acceptations. It also describes models that take a step away from modern portfolio theory and allow a consideration of cases beyond mean-variance theory.