Question1.15 Two hedge fund managers claim success because they have produced average alpha of 5% over the last 3 years as follows: [table] | Alphat-1 | Alphat-2 | Alphat-3 Manager 1 | +50% | -30% | -5% Manager 2 | +8% | +3% | +4% [/table]Based on the information presented and using relevant performance measures, which manager achieved superior performance over the last 3 years? Manager 2 because their Treynor measure was lower over the last 3 years Manager 1 because their information ratio was higher over the last 3 years Manager 1 because their Sharpe ratio was higher over the last 3 years Manager 1 because their M2 was higher over the last 3 years Manager 2 because their information ratio was higher over the last 3 years ResetMaximum marks: 2.5 Flag question undefined单项选择题