Ordnerverwaltung für CAIA: Chapter 1 What is an Alternative Investment
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relative return standard
means that returns are to be evaluated relative to a benchmark
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Arbitrage
the term is often used to represent efforts to earn superior returns even when risk is not eliminated acuase the long and short positions are not in identical assets or are not held over the same time interval
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Return Enhancer
If the primary objective of including an investment product in a portfolio is the superior average returns that it is believed to offer, then the product is often reffered to as a return enhancer.
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Return diversifier
If the primary objective of including an investment product in a portfolio is for the reduction in the portfolio's risk that is believed to offer through its lack of correlation with the portfolio's assets, then that product is often referred to return di