北京邮电大学学报(社会科学版) ›› 2014, Vol. 16 ›› Issue (4): 85-91.

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对基金经理业绩评估的动态研究——基于基金管理公司的视角

  

  1. 1.北京邮电大学 经济管理学院,北京100876;2中国社会科学院 世界经济与政治研究所,北京100732
  • 收稿日期:2014-03-10 出版日期:2014-08-30 发布日期:2023-03-27
  • 基金资助:

    北京邮电大学青年科研创新计划专项项目

Evaluating Fund Performance Based on Quality Control Chart

  1. 1 School of Economics and Management, Beijing University of Posts and Telecommunications,
    Beijing 100876, China;2 Institute of World Economics and Politics, Chinese Academy of Social
    Sciences, Beijing 100732, China
  • Received:2014-03-10 Online:2014-08-30 Published:2023-03-27

摘要:

基金公司在选择、留用、解聘基金经理时必须以其历史业绩作为基础。本文采用质量控制图对证券投资基金经理进行评价;采用经过历史累积值调整过的业绩动态地计算上限、下限,基金经理的业绩只有突破了上限和下限,才能把基金经理归为有技能和无技能。此种方法避免了根据单期业绩判断基金经理是否具有投资技能的相关缺点。研究对于基金公司具有较大的价值,能够较为准确地识别基金经理的业绩是由于投资技能导致的,还是由于运气等偶然因素导致。

关键词: 基金经理, 业绩评价, 质量控制图

Abstract:

 The selection, employment and decruitment of fund manager must be based on his past performance Quality control chart is used to evaluate fund manager of portfolio investment By dynamically calculating upper limit and lower limit, fund manger can be categorized as competent one and incompetent one This method can avoid the shortcoming of other methods which don’t consider the fund manager’s past performance The research can accurately identify the cause of the fund manager’s good performance, which has great value to fund company

Key words: fund manager, performance evaluation, quality control chart

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