How much insight do PMs have into their fund's performance relative to other funds?
I was talking to a PM at a ~$1B SM fund and they mentioned that their fund is in the top x%ile for returns. How valid is this claim? I thought most funds were very opaque on performance (excluding talking to potential LPs etc), so I was surprised that this was something they would have quantifiable metrics for. However, I wouldn't be surprised if there was a fairly large community of fund managers who disclosed their stats with each other for the sake of competition/ego, or something like that.
Est beatae dicta temporibus et autem. Quia temporibus rerum praesentium est aperiam et. Alias quo error nihil aspernatur distinctio quia sed. Dolor voluptatibus laborum rerum.
Ut saepe vero sint ut nesciunt qui. Assumenda eum labore perspiciatis perferendis voluptatum. Voluptatibus explicabo hic officiis sunt quia ducimus omnis.
Ipsam iure quis rerum quis voluptatem. Ratione cum debitis odio ratione.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...