Essec\Faculty\Model\Contribution {#6196
  #_index: "academ_contributions"
  #_id: "3424"
  #_source: array:26 [
    "id" => "3424"
    "slug" => "benchmarking"
    "yearMonth" => "2013-01"
    "year" => "2013"
    "title" => "Benchmarking"
    "description" => "LIOU, A. et PONCET, P. (2013). Benchmarking. Dans: <i>Portfolio Theory and Management</i>. 1st ed. Oxford University Press, pp. 490-510."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "PONCET Patrice"
        "bid" => "B00000430"
        "slug" => "poncet-patrice"
      ]
      1 => array:1 [
        "name" => "LIOU A."
      ]
    ]
    "ouvrage" => "Portfolio Theory and Management"
    "keywords" => []
    "updatedAt" => "2021-09-06 16:57:03"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "490-510"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Chapitres"
      "en" => "Book chapters"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "The practice of benchmarking is booming in the delegated portfolio management industry. As an asset allocation tool, benchmarking is a reference to be followed by the manager in a more or less strict manner. As a tool for measuring relative performance, benchmarking helps in assessing the manager’s skills as to market timing and/or security selection, and allows for meaningful definitions of tracking error and the information ratio. The closely related issues of principal-agent contracting, compensation schemes and implicit incentives, and optimal benchmarking are discussed at length. The evolution in the design of appropriate benchmarks is also analyzed."
      "en" => "The practice of benchmarking is booming in the delegated portfolio management industry. As an asset allocation tool, benchmarking is a reference to be followed by the manager in a more or less strict manner. As a tool for measuring relative performance, benchmarking helps in assessing the manager’s skills as to market timing and/or security selection, and allows for meaningful definitions of tracking error and the information ratio. The closely related issues of principal-agent contracting, compensation schemes and implicit incentives, and optimal benchmarking are discussed at length. The evolution in the design of appropriate benchmarks is also analyzed."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-04-19T00:21:44.000Z"
    "docTitle" => "Benchmarking"
    "docSurtitle" => "Chapitres"
    "authorNames" => "<a href="/cv/poncet-patrice">PONCET Patrice</a>, LIOU A."
    "docDescription" => "<span class="document-property-authors">PONCET Patrice, LIOU A.</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2013</span>"
    "keywordList" => ""
    "docPreview" => "<b>Benchmarking</b><br><span>2013-01 | Chapitres </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Benchmarking</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 9.006999
  +"parent": null
}