Hallerbach, Winfried; Pouchkarev, Pouchkarev, I. - Erasmus Research Institute of Management (ERIM), … - 2005
conditions whether this constraint is easily met or violated. Moreover, the performance of the portfolio depends on market … order to appraise their performance. They should also be evaluated relative to the opportunity set of all portfolios that … can be formed under the same mandate – the portfolio opportunity set. The distribution of performance values over the …