| 1. | The goal of financial institutions is to maximize the risk - adjusted returns to shareholders
金融机构的经营目的是为了实现利润的最大化。 |
| 2. | Risk - adjusted returns are attractive , and can be accessed by investors in a variety of ways
可调节风险回报非常具有吸引力，投资者可通过各种渠道获得收益。 |
| 3. | Risk - adjusted returns are attractive , and can be accessed by investors in a variety of ways
风险调整报酬很是诱人，投资者们可以通过各种途径实现这种回报。 |
| 4. | Risk - adjusted returns are attractive , and can be accessed by investors in a variety of ways
经调整风险回报率颇为诱人，且投资者可通过各种途径实现这种回报。 |
| 5. | Risk - adjusted returns are attractive , and can be accessed by investors in a variety of ways
风险调整回报很有吸引力，而且投资者能通过多样种的方式获得回报。 |
| 6. | On the premise of efficient markets hypothesis , investors of close - end funds can ’ t earn excess risk - adjusted returns according to capm
在有效市场的前提下,基金的收益满足资本资产定价模型( capm )的假设,无法获得超额收益。 |
| 7. | Provided the manager has the ability to choose the right stocks to buy andsell , the product should yield superior risk - adjusted returns
假设经理的能力可以保证他在买卖时选择正确的股票，那么这项产品将提供风险校正后的更高的利润。 |
| 8. | Basel ii is not just some over - complicated regime dreamed up by supervisors . banking business is about making profits by maximising risk - adjusted return . better understanding and management of risk can only help banks to achieve this
银行业是透过争取最高的经风险调整回报来赚取利润，所以更有效地理解及管理风险只会有助银行达到这个目的。 |
| 9. | The difficulty in assessing the risks of different financial instruments in different jurisdictions , and of the jurisdictions themselves , makes it almost impossible to calculate with confidence the risk - adjusted returns
由于评估不同地区不同金融工具的风险及这些地区本身的风险相当困难，要准确地计算得出按风险调整的投资回报，几乎是不可能的事。 |
| 10. | The basic framework of performance evaluation includes two parts : the evaluation of risk - adjusted returns and factor analysis . we find no apparent evidence to show funds both in china and in usa have stock selectivity ability or market timing ability
业绩评估基本的分析框架包括两部分：一部分是对(风险调整后的)基金投资收益率的研究；一部分是对基金业绩的归因研究。 |
