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Exceptional Return

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Exceptional Return
Residual return plus benchmark timing return. For a given asset with beta equal to one, if its residual return is 2%, and the benchmark portfolio exceeds its consensus expected returns by 1%, then the asset's exceptional return is 3%.


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At a time when all other ICT shows are slowing down or reducing in size and stature, GITEX TECHNOLOGY WEEK 2009 rose above industry expectations to deliver exceptional return on investment to more than 3,000 international companies.
Kevin Arenson, Chief Investment Officer of Stenham Asset Management said, "Our experience over the last 20 years has shown that in the immediate period after a crisis, good hedge funds have delivered exceptional returns.
McNally said: "We have had an exceptional return from that one youth side and they are a testament to the guys who coached and managed them from the age of 11.
 
 
 
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