Performance Measurement

Generally accepted or not - Fees and expenses are costs

Private equity internal rate of return (IRR) and volatility calculations can sometimes be misleading.

A large investment firm recently claimed its funds beat the market 93% of the time. They didn't.

For many of us who have been in the industry for many years, the evidence is hard to take.

Does “more institutional” with more “alternatives, ” such as hedge funds, mean better? I don’t think so.