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Performance/Benchmarking
To control and measure the achievement a benchmark will
be run for every strategy. A benchmark is a fictive deposit,
that composes of the same splitting of assets as its strategy.
The performance of each segment is prepared monthly by international
known market observers (Morgan Stanley for shares and J.P. Morgan
Sec. for bonds) and reflects the development of the respective
market. Working with benchmarks is the basis for a fair incentive
fee which is dependent on the achievement relative to the
market and allows the client to compare the achievements of
FAAM with the whole of the market. |
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