The objective of this article is to highlight training best practices for new performance analysts in asset management firms. Approaches to performance measurement vary, often depending on the size of the firm, and the new analyst training program should be structured to reflect the firm’s approach. Generally, new analyst training starts with the firm’s policies, procedures, and code of conduct, and then progresses to general software skills, performance analysis calculation methodologies, risk management, and other specialized topics. Training may be delivered through written materials, recorded lectures, live instruction, or online with some interactivity. Readers should
note that having a defined plan for assessing new analysts’ knowledge is critical. Finally, instilling a culture of continuous learning and mentoring allows firms to build high-performing teams.

Frances Barney Knutsen,CFA
Ralph Medina
Norman Hargraves
Brian Milton