CAIA Level 1 Glossary with Complete Solutions

CAIA Level 1 Glossary with Complete SolutionsCAIA Level 1 Glossary with Complete SolutionsCAIA Level 1 Glossary with Complete SolutionsCAIA Level 1 Glossary with Complete Solutions Absolute return products are investment products viewed as having little or no return correlation with traditional assets, and have investment performance that is often analyzed on an absolute basis rather than relative to the performance of traditional investments. - ANSWER-absolute return products An absolute return standard means that returns are to be evaluated relative to zero, a fixed rate, or relative to the riskless rate, and therefore independently of performance in equity markets, debt markets, or any other markets. - ANSWER-absolute return standard Active management refers to efforts of buying and selling securities in pursuit of