An index that uses the capital asset pricing model to determine whether a money manager outperformed a market index. The alpha of an investment or investment manager. Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosj.htm
An index that uses the capital asset pricing model to determine whether a money manager outperformed a market index. The 'alpha' of an investment or investment manager. Found on http://www.encyclo.co.uk/local/20047