"If one [process of evaluation] gives you 10 basis points of positive return for the month while the other gives you 10bps of negative return, you'd have to be a hero to say, 'Let's take the one showing the loss.'"

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

"If one [process of evaluation] gives you 10 basis points of positive return for the month while the other gives you 10bps of negative return, you'd have to be a hero to say, 'Let's take the one showing the loss.'"

--Olivier Le Marois, ceo of risk manager Riskdata, on the pressure to use subjective evaluations for hedge fund performance.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • European securitization issuance database
  • Daily newsletters across markets and asset classes
  • 1 weekly securitization podcast
Gift this article