Companies should report performance like fund managers

Companies should report performance like fund managers

By Gary Channon and Kartik Kumar, Aurora UK Alpha – Phoenix Asset Management The language of returns in investment management is well understood by those in the industry. Annual returns, cumulative returns, track records and relative returns, are all expressed as percentages. When we take your money and hand it to company managements, you think that we would ask them the same thing our investors ask us: “What percentage return did you earn on my…