High Watermark


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High Watermark

The highest value of a benchmark over a certain period of time. High watermarks are mainly used to calculate bonuses for fund managers. That is, a manager may receive a bonus only if his investment decisions earn more than a certain percentage over the high watermark for a previous period.
References in periodicals archive ?
fee provisions to the extent that the high watermark has been attained.
Sebi has proposed a ' high watermark principle' to compute the performance and linked incentives for fund managers of PMS schemes.
Ed Stansfield, chief property economist at Capital Economics, said: "With the pressure on household incomes more likely to rise than ease, and surveys pointing to a new mood of caution among buyers, house price inflation may now have reached its high watermark for the year.
A high watermark for TV drama, it's often mentioned in the same breath as Brideshead Revisited, and for good reason too.
The staff member said the market lacked the transparency to put together an average rather than a rate that signifies a high watermark in the market.
Sales of server blades reached a new high watermark at more than $100 million worldwide and Linux server platforms posted nearly a 40% increase in revenues to $650 million from the year-ago quarter.
Hewlett-Packard Co CEO Carly Fiorina's said to be shooting to do at least 13% revenue and earnings growth over the next three years with 20% being a high watermark target.
LOS ANGELES -- Weathering economic downturns earlier this decade, the fortunes of California foundations have rebounded, nearly restoring assets and exceeding giving levels found at high watermark levels in the year 2000, according to a new report by the Center on Philanthropy and Public Policy at the University of Southern California.
Eric Lewis, head of the hospitality and gaming group at Cushman & Wakefield, commented, "The W Hotel sale is a significant high watermark for the city and for the country as well.
The previous high watermark for political Web traffic was in November of 2004 with only 21 million unique visitors.
It almost always establishes the high watermark for the amount of money raised, setting a lofty bar for all the other fundraisers to aspire to.
Our reputation as being a leader in the industry for financial strength and operational performance sets a high watermark in our industry.