Normal portfolio

Normal portfolio

A customized benchmark that includes all the securities from which a manager normally chooses, weighted as the manager would weight them in a portfolio.

Normal Portfolio

The portfolio of investments a money manager ordinarily makes. If a money manager deviates from his/her investment strategy at any given time for any reason, a normal portfolio is useful to help the money manager (or his/her client) determine how the investments would have performed had he/she simply used his/her usual strategy. See also: Benchmark.
References in periodicals archive ?
Changes in the transaction size were driven by FX, normal portfolio movement, and other adjustments during the sign to close period.
I am referring to making the decisions we make when deciding to buy and sell in the course of our normal portfolio management process.
We sell a lot of oil through big box retailers, and these big companies, they have 40% of our revenue, so obviously they have different sales terms than 85% of our normal portfolio," said Zummo.
As the benefits of sales and marketing services are realised SMAs are busy adding additional services to their normal portfolio.
A third benchmarking technique is known as normal portfolio, or portfolio opportunity, distribution.
The building block is the normal portfolio based on the investment manager's style.
In fact, most every manager can be classified with a normal portfolio of 600 to 800 stocks that replicate that manager's style, in terms of capitalization, price to book, PE ratio, yield, and the like.
In addition, the yields available on certain securities purchased in the course of normal portfolio management activity have been lower than those on securities tendered, called, matured or sold, which also contributed to the overall reduction in the level of income generated by the Fund.
Also, it stated that FX, normal portfolio movement and other adjustments during the signing of the deal to the closing period, resulted in changes to the transaction size.
The EBRD continues to be strongly committed to Lenta and is comfortable with its remaining stake in the company following today s partial sale, which was part of a normal portfolio management operation.
In the course of normal portfolio management activity, the yields available on newly purchased securities have been lower than those of securities sold.
The essay, "How Sponsors Can Use Normal Portfolios," by Arjun Divecha and Richard C.