development and evolution of risk adjusted performance models have been analyzed in the theoretical part of the paper. Largest … of the fund management. The research is based on the theory of capital asset pricing model and widely accepted risk … adjusted performance measures. Also, performance attribution to market timing and selectivity are analyzed. Three year period …

language. KEY WORDS: INVESTMENTS, RISK, MANAGEMENT, PROJECTS Research theme – investment project risk and its management … Research subject – investment project risk management in business enterprises. The aim of research – to form a model of … investment project risk management and its implementation in control stages and to check the function of this model. Objectives:1 …