Investment analysis and portfolio management 8th reilly and brown chapter 13

... compensation is a nonlinear function of performance Table 13. 1 contains summary statistics for the variables included in equations 13. 1 and 13. 2 The median management and incentive fees for a sample ... consistent standard errors Table 13. 4 presents OLS estimates of regression TABLE 13. 4 Estimation of the Relationship between Compensation Parameters and CTA Mean Annual Compo...