QUESTION 21 If a small, undiversified fund with only one manager responsible for...
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Finance
QUESTION 21
If a small, undiversified fund with only one manager responsible for all investments, the ------- measure is better the manager of fund. If a pension fund is large, well-diversified and invests in many different individual funds, the-------- measure is better for evaluating the performance of those individual fund.
Options
a) Sharpe; Sharpe
b) Sharpe; Treynor
c) Treynor, Sharpe
d) Treynor, Treynor
e) Cannot be determined from the information given.
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