by admin | Jan 21, 2014 | Investment Performance Guy, News
Contribution, aka “absolute attribution,” is a commonly used measure of performance. It’s simply the return of whatever we’re evaluating (securities, sectors, etc.) times its weight. We sum these values up, and they should equal the...
by admin | Jan 14, 2014 | Investment Performance Guy, News
To see a World in a Grain of Sand, And a Heaven in a Wild Flower, Hold Infinity in the palm of your hand, And Eternity in an hour William Blake I believe there are two major things that performance measurement professionals need to know about attribution. #1...
by admin | Jan 9, 2014 | Investment Performance Guy, News
You may recall the commutative property of math- ematics, which essentially speaks of changing the order in which we do the math. This property holds for addition and multiplication; for example: You’ll may also remember that it doesn’t hold for all...
by admin | Jan 8, 2014 | Investment Performance Guy, News
While the role performance attribution has continued to grow within the investment industry, it is, in the words of “Brinson, Hood & Beebower,” still evolving. And in its evolution, there remain areas that need to be re-explored, reconsidered,...
by admin | Jan 7, 2014 | Investment Performance Guy, News
I often find the WSJ enlightening. Today provided a very insightful article by Chana R. Schoenberger (“Test Your Smarts … on Currency Effects”, page R5), where I learned that at least some fund analysts believe they cannot tell the impact of currency...
