-PDF Download- Portfolio Performance Measurement And Benchmarking Chapter 19 Linking Attribution Effects EBOOK

Portfolio Performance Measurement and Benchmarking, Chapter 19 - Linking Attribution Effects

Author: Jon A. Christopherson

Publisher: McGraw Hill Professional

Published: 2009-05-15

Total Pages: 28

ISBN-13: 0071733256

Here is a chapter from Portfolio Performance Measurement and Benchmarking, which will help you create a system you can use to accurately measure your performance. The authors highlight common mechanical problems involved in building benchmarks and clearly illustrate the resulting fallouts. The failure to choose the right investing performance benchmarks often leads to bad decisions or inaction and, inevitably, lost profits. In this book you will discover a foundation for benchmark construction and discuss methods for all different asset classes and investment styles.

Portfolio Performance Measurement and Benchmarking, Chapter 18 - Performance Attribution

Author: Jon A. Christopherson

Publisher: McGraw Hill Professional

Published: 2009-05-15

Total Pages: 17

ISBN-13: 0071733248

DOWNLOAD EBOOK →

Performance Attribution: History and Progress

Author: Carl R. Bacon

Publisher: CFA Institute Research Foundation

Published: 2019-12-23

Total Pages: 68

ISBN-13: 1944960902

DOWNLOAD EBOOK →

The objective of performance attribution is to explain portfolio performance relative to a benchmark, identify the sources of excess return, and relate those sources to active decisions by the portfolio manager. This review charts the development of attribution from its beginning with Fama decomposition in the 1970s, through its foundations in the 1980s, into its issues of multiperiod and multicurrency attribution in the 1990s, and ending on its more detailed models for fixed-income and risk-adjusted attribution in recent years. Types of attribution (including returns based, holdings based, and transaction based) are also discussed as is money-weighted attribution and developments associated with notional funds.

Investment Performance Attribution

Author: David Spaulding

Publisher: McGraw Hill Professional

Published: 2003

Total Pages: 280

ISBN-13: 9780071408851

DOWNLOAD EBOOK →

Investment Performance Attribution involves identifying and quantifying those activities that increase investment return above a given benchmark--and is the hottest topic in institutional investing today. Investment Performance Attribution is the first book to provide clear and in-depth coverage of how and when to use the varying forms of attribution. It makes necessarily high-level attribution mathematics accessible, and will become an essential reference for professional money managers and institutional investors.