Sep 26, 2013 08:47
10 yrs ago
English term

converged on the back of a market rally

English to Chinese Bus/Financial Finance (general) 投资领域
As relative valuations converged on the back of a market rally, position sizes were reviewed such that tracking error and active share for the team’s index aware strategies fell during this period.

这里是说股市上扬的根本原因是relative valuations converge吗?

Proposed translations

+1
5 hrs
Selected

相对估值因股市上扬而趋同

"A on the back of B"一般是指A发生的原因是B。这句话似可翻为“在相对估值因股市上扬而趋同时,对头寸规模进行检查,以便。。。”
Peer comment(s):

agree Randy CUI
5 days
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4 KudoZ points awarded for this answer.
10 mins

FYI!

相对估值集中于市场反弹后的回落。
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