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 ?
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 KWD0.
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.
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.
0 million) mark-to-market income and some of the Company's flagship funds crossed the high watermark thresh-holds for incentive fee (carry).
is high watermark is maintained with Volkswagen's newest incarnations of the up
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.
Anyone who says there has been no economic progress in the Granite State in the last three years needs to explain this fact: There were fewer than half as many bankruptcy filings last month than in February 2010, the year that was the high watermark for bankruptcy filings in New Hampshire.
Notably, the Washington Post/ABC News poll showed Romney leading over Obama by 12 points among independents, a high watermark for the Republican with that group.
In 2012 we are pretty confident that we are going to break $120 million in sales and establish a new high watermark at The Northwest Co.
Four years ago the council elections were a high watermark for the Liberal Democrats.