This three part series produced by the Financial Services Board of South Africa, will help you to make the most of you money, to make your money work for you and help you to use your money more wisely.
Even if you think you know it all, why not review
This measures how well a manager is making use of available information. It is calculated by dividing expected active return by the expected active risk. It measures the active return achieved for every unit of active risk taken by the manager.