Noël Amenc, Philippe Malaise, Lionel Martellini: Tracking error is not necessarily bad. Just like with good and bad cholesterol, there is “good” tracking error, which refers to outperformance of a portfolio with respect to the benchmark, and “bad” tracking error, which refers to underperformance with respect to the benchmark.
Professor of Finance, EDHEC Business SchoolDirector, EDHEC-Risk Institute
Professor of Finance, EDHEC Business SchoolAssociate Researcher, EDHEC-Risk Institute
Professor of Finance, EDHEC Business SchoolScientific Director, EDHEC-Risk Institute
|Type :||Working paper|
|Date :||le 05/11/2012|
|Extra information :||For more information, please contact EDHEC Research and Development Department [ firstname.lastname@example.org ]|
|Research Cluster :||Finance|