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 ?
This massive project expects to set a new high watermark for superlative experiences, which creates the ideal market for which the mixed-use Jannah Al Khan Hotel & Spa will cater to," added His Excellency Mohammad bin Abdulaziz bin Rubaya al-Muhairy, chairman of Al Rubaya Group and partner of Jannah Hotels & Resorts.
This massive project expects to set a new high watermark for superlative experiences, which creates the ideal market for which the mixed-use Jannah Ras Al Khor will cater to," commented His Excellency Mohammad bin Abdulaziz bin Rubaya al-Muhairy, Chairman of Al Rabee Group and Partner of Jannah Hotels and Resorts.
"We call it building brand love, but it's really a way of setting a high watermark on advocating for an exceptional customer experience," explained Drumroll CEO Kirk Drummond, who co-founded the brand shop with COO Chris Mollo.
the victory was also a high watermark for successful jockey Phil Dennis.
At about $102,000 per manufactured-home pad, the "transaction will set the new high watermark for manufactured-home community sales in the Northwest," according to Colliers International's Portland office.
A genuine entertainer, a truly gifted songwriter, and perhaps the closest thing there is to a British Bill Callahan, Adams has produced a high watermark of a record in Old Magick, proof that his reputation is deserved.
Godinez expressed concern that Democrats still seem so far away from meeting the high watermark of 2008, when Barack Obama and Hillary Clinton were engaged in an intense and tight battle for the Democratic presidential nomination, which led to record-breaking Democratic turnout of 890,188.
RCEWA member Christopher Rowell said: These two magnificent ebony cabinets, veneered with hardstones and mounted in gilt bronze, on neo-Classical Kent Revival stands made for the Picture Gallery at Castle Howard, represent the high watermark of the British taste for Italian princely furniture.
Despite significant adverse equity markets movements in the GCC and MENA region during the last quarter of 2014, some of the Company's flagship funds crossed the high watermark thresh-holds for incentive fee (carry) generating KD 0.8 million (USD 2.6 million) of incentive fee.
From the high watermark of Qatari influence after the toppling of Gaddafi in 2011, that rapidly gave way to policy overreach in Syria in 2012, Coates Ulrichsen analyses Qatari ambition and capabilities as the tiny emirate sought to shape the transitions in the Arab world.
is high watermark is maintained with Volkswagen's newest incarnations of the up!, Polo and Golf which have all the build quality you would expect from models at the top of their classes.
Those of Pharrell, whose GIRL set a new high watermark for poppy R&B last month, and Beyonce, whose ubiquity somehow transcends music and who remains the pop star to beat.