Word: benchmarking
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...first time in four years, the growth of the endowment failed to reach its performance benchmark, an ex post facto measure that incorporates the performance of the market...
...first time in four years, the growth of the endowment failed to reach its performance benchmark, an ex post facto measure that incorporates the performance of the market...
...benchmark-bonus system, Rudenstine said, is "a very tough system and it's very performance related...
Even if a money-manager earns a bonus by exceeding the benchmark one year--the manager still may lose the bonus by falling short of the benchmark the next...
...appropriate benchmark for the total endowment's performance...is not the S&P 500. It's a benchmark appropriate for a very large, very diversified portfolio," he said