It also makes investing in hedge funds as risky at times as investing in a single stock, which may make a hedge fund a poor substitute for the risk-averse investment in a mutual fund. 这也使投资对冲基金与投资单一一只股票一样充满风险。因此?
E since 1960's, which contains the classical single performance evaluation ratio, the multifactor evaluation model, the timing ability & stock selecting ability of fund managers, the persistent of fund performance analysis and the morningstar evaluation system. 这主要包括传统经典的单因素业绩评价指标、多因素业绩评价模型、基金经理人的时机选择和选股能力、基金业绩持续性的研究以及晨星公司的评级体系。