Multiple Choice
The Brinson, Hood, and Beebower (BHB) study indicated that asset managers are more likely to lose their jobs because of poor _____________ rather than poor _________.
A) asset allocation; stock selection
B) stock selection; asset allocation
C) customer relations; performance
D) performance; customer relations
Correct Answer:
Verified
Correct Answer:
Verified
Q30: The Jensen study indicates that mutual fund
Q31: According to numerous studies conducted by various
Q32: R<sup>2</sup> is a good measure of efficient
Q33: In general, the best portfolio managers are
Q34: The effectiveness of portfolio diversification can be
Q36: The term excess returns is commonly defined
Q37: If the portfolio return is 10%, and
Q38: Studies by Ippolito and Goodwin indicate that
Q39: A mutual fund with excess returns very
Q40: A portfolio manager with a beta less