Knowledge Base

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Questions

Which ratio measures excess return per unit of total risk for alternative funds?

Sortino ratio
Calmar ratio
Sharpe ratio
Treynor ratio

Which ratio is particularly relevant for evaluating alternative funds with asymmetric return distributions?

Sharpe ratio
Sortino ratio
Calmar ratio
Information ratio

Which European directive created a harmonised framework for Alternative Investment Fund Managers (AIFMs) in 2013?

MiFID II Directive
UCITS Directive
AIFM Directive
Solvency II Directive

What is one of the advantages offered by the AIFM Directive to AIF managers?

Exemption from reporting rules
European passport for marketing
Reduction of capital requirements
No authorisation obligation

Categorize items by dragging them to the appropriate zones

Items to categorize:

Sharpe ratio
Maximum drawdown
Sortino ratio
Compound annual growth rate
Categories:

Performance indicators

Risk indicators

Maximum drawdown only measures the maximum loss suffered in a single day.

True
False

Long-Short Equity strategy

Click to see answer

Hedge funds represent more than 50% of AIF net assets in France.

True
False