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Notices
PO
Paul OBrien (not verified)
28th June 2025 | 11:15am

This is a great result. But it does not make sense, at least at scale. Bulk equity beta has a Sharpe ratio around 1/2. Over how much AUM is it practical to get a Sharpe greater than 1.2?
If the strategy is not investable at scale it cannot be a credible benchmark for trillions of Dollars of AUM.