A measurement of portfolio returns beyond the returns of a benchmark, usually an index, compared to the volatility of those returns; often used as a measure of a portfolio manager& ...

The degree to which market prices quickly and correctly reflect information and, thus, the true value of an underlying investment.

The amount of income that an investment produces at the time of acquisition.

Property that has no physical existence beyond merely representational, nor any extrinsic value; includes rights over tangible real and personal property, but not rights of use and ...

With reference to attribution:  an effect that measures the combined impact of a portfolio manager's selection and allocation decisions within a segment; not a residual bu ...

The possibility of a reduction in the value of a security, especially a bond, resulting from a rise in interest rates.

A periodic, non-final closing of a fund during the fund’s capital raising period, typically name in the sequence in which the close occurs, such as first close, second close ...

An entity that acts as the middleman between two parties in a financial transaction.

The calculation of the internal rate of return (IRR) earned by the investor at the point where the manager is earning the stipulated share of profits; allows for comparison of alte ...

An international trade organization that represents the shopping center and retail real estate industry.