Portfolio Performance Measurement and Benchmarking [Hardcover]

In order to make sound investment choices,investors must know the projected return oninvestment in relation to the risk of not beingpaid. Benchmarks are excellent evaluators,but the failure to choose the right investingperformance benchmark often leads to baddecisions or inaction, which inevitably resultsin lost profits.

The first book of its kind,Portfolio PerformanceMeasurement and Benchmarkingis a completeguide to benchmarks and performace evaluationusing benchmarks. In one inclusivevolume, readers get foundational coverage onbenchmark construction, as well as expert insightinto specific benchmarks for asset classesand investment styles.

Starting with the basicssuch as return calculationsand methods of dealing with cashflowsthis thorough book covers a widevariety of performance measurement methodologiesand evaluation techniques beforemoving into more technical material that deconstructsboth the creation of indexes andthe components of a desirable benchmark.

Portfolio Performance Measurement and Benchmarkingprovides detailed coverage of benchmarksfor:

• U.S. equities
• Global and international equities
• Fixed income
• Real estate

The team of renowned authors offers illuminatingopinions on the philosophy and developmentof equity indexes, while highlightingnumerous mechanical problems inherent inbuilding benchmarks and the implications ofeach one.

Before you make your next investment, becertain your return will be worth the riskwithPortfolio Performance Measurement andBenchmarking.

I: Measuring performance

II: Measuring risk

III: Portfolio return and risk

IV: Performace attribution

V: Benchmarking performance

VI: Determining investment style with effective mix

VII: CFA Institute standards for performance presentation

(There will be 37 chapters)The first comprehensive guideto performance assessment and equitybenchmark construction for your portfolio

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