Manager Universe (Benchmark)
The comparison of an account's performance to that of a representative peer group of money managers. Investopedia Says:
This is used when analyzing the performance of a money manager. In addition to being compared to a standardized index such as the S&P 500, the performance of a manager is compared to the performance of others who look over similar accounts in terms of asset class, style, etc. The peer group is referred to as the money manager's universe. Related Terms:
Advisor
Financial Accounting
Financial Planner
Incubation
Mutual Fund
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