In fact, style investing was originally based on the research of Sharpe (1988, 1992) who identified the importance of these factors in driving fund returns.15 13 Manager returns were sourced from eVestment from March 2002 to March 2012.
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The present invention relates to synthetic funds for purchase by investors. A structured note is structured to provide customized equity returns/exposure. Terms of each structured note may be specified by the purchaser and the structured…
