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。
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 re- search can accurately identify the cause of the fund manager＇ s good performance, which has great value to fund company
出处
《北京邮电大学学报（社会科学版）》
CSSCI
2014年第4期85-91,共7页
Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition)
基金
北京邮电大学青年科研创新计划专项项目
关键词
基金经理
业绩评价
质量控制图
fund manager
performance evaluation
quality control chart
