How to Rate Management of Investment Funds

By Jack L. Treynor. 2012

1,101 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Ethical requirement and financial interest: a literature review on socially responsible investing (2015, methodology): “The Treynor ratio (Treynor 1965) is used six times, and the Sharpe ratio (Sharpe 1966), is used in 14 studies.”
Do Hedge Funds’ Exposures to Risk Factors Predict Their Future Returns? (2011, neutral): “19 The Treynor (1965) ratio and the Treynor appraisal ratio were”
Efficient Capital Markets: A Review of Theory and Empirical Work (2017, neutral): “Several studies are available (e.g., Sharpe [41, 421 and Treynor [44]), but the most thorough are Jensen's [19, 201, and our comments will be limited to his work.”
Green and Good? The Investment Performance of US Environmental Mutual Funds (2011, background): “Among them, the most successful ones have been the Treynor (1965), Sharpe (1966), and Jensen (1968) measures.”
Can Mutual Funds Outguess the Market: Evidence from Bangladesh? (2016, methodology): “Treynor [25] was the first to address this issue and provide a way to measure the funds’ risk-adjusted performance.”
Market efficiency of oil spot and futures: A mean-variance and stochastic dominance approach (2010, neutral): “We define the SD rules as follows (see Quirk and Saposnik, 1962; Fishburn, 1964; Hanoch and Levy, 1969; Sriboonchita et al., 2009): 3 The formulae for the Sharpe ratio, Treynor index, and Jensen index are i fi i RRS σ −= , i fi i RRT β −= , and )RR()RR(J fmifiii −β−−=α= , respectively, see Sharpe (1”