Campisi Fixed Income Attribution – Price Contribution Explained

Campisi Fixed Income Attribution – Price Contribution Explained

The CIPM curriculum does not give much of an explanation of bond pricing in relation to interest rates, so here is a brief primer.Price change on bonds can be explained by how interest rates change during the period.Bonds are a lending agreement:  the purchaser...
Trading without the cash

Trading without the cash

I just got off the phone with a GIPS(R) (Global Investment Performance Standards) verification client, who is trying to reconcile the settlement and trade date sides of trading. On trade date, they don’t have the cash necessary to make a purchase; but, by...

Free Subscription!

The Journal of Performance Measurement

The Performance Measurement Resource.

Click to Subscribe