Compensation of money managers is ________ based on alpha or other appropriate risk-adjusted measures.
A) never
B) rarely
C) almost always
D) always

Question

Quizplus · Accepted Answer

Compensation of money managers is rarely based solely on alpha or other appropriate risk-adjusted measures. While performance is a factor, compensation often includes a base salary and may be influenced by other factors such as assets under management (AUM), overall firm performance, and client satisfaction.

Compensation of Money Managers Is ________ Based on Alpha or Other