Performance Measurement (Cfa)
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Performance Measurement (Cfa)

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Performance Measurement (Cfa)Investment Performance Measurement Over the past two decades, the importance of measuring, presenting, and evaluating investment performance results has dramatically increased. With the growth of capital market data services, the development of quantitative analytical techniques, and the widespread acceptance of Global Investment Performance Standards (GIPS(R)), this discipline has emerged as a central component of effective asset management and,

Investment Performance Measurement

Over the past two decades, the importance of measuring, presenting, and evaluating investment performance results has dramatically increased. With the growth of capital market data services, the development of quantitative analytical techniques, and the widespread acceptance of Global Investment Performance Standards (GIPS(R)), this discipline has emerged as a central component of effective asset management and, thanks in part to the Certificate in Investment Performance Measurement (CIPM) program, has become a recognized area of specialization for investment professionals.

That's why Investment Performance Measurement: Evaluating and Presenting Results--the second essential title in the CFA Institute Investment Perspectives series--has been created. CFA Institute has a long tradition of publishing content from industry thought leaders, and now this new collection offers unparalleled guidance to those working in the rapidly evolving field of investment management.

Drawing from the Research Foundation of CFA Institute, the Financial Analysts Journal, CFA Institute Conference Proceedings Quarterly, CFA Magazine, and the CIPM curriculum, this reliable resource taps into the vast store of knowledge of some of today's most prominent thought leaders--from industry professionals to respected academics--who have focused on investment performance evaluation for a majority of their careers.

Divided into five comprehensive parts, this timely volume opens with an extensive overview of performance measurement, attribution, and appraisal. Here, you'll become familiar with everything from the algebra of time-weighted and money-weighted rates of return to the objectives and techniques of performance appraisal.

After this informative introduction, Investment Performance Measurement moves on to:

  • Provide a solid understanding of the theoretical grounds for benchmarking and the trade-offs encountered during practice in Part II: Performance Measurement
  • Describe the different aspects of attribution analysis as well as the determinants of portfolio performance in Part III: Performance Attribution
  • Address everything from hedge fund risks and returns to fund management changes and equity style shifts in Part IV: Performance Appraisal
  • Recount the history and explain the provisions of the GIPS standards--with attention paid to the many practical issues that arise in the course of its implementation--in Part V: Global Investment Performance Standards

Filled with invaluable insights from more than fifty experienced contributors, this practical guide will enhance your understanding of investment performance measurement and put you in a better position to present and evaluate results in the most effective way possible.

Binding Type: Hardcover
Publisher: John Wiley & Sons
Published: 04/06/2009
ISBN: 9780470395028
Pages: 970
Weight: 3.90lbs
Size: 10.00h x 7.10w x 2.20d

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SKU: 68868213024

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Not out yet because of weather, but it looks good, unusual point that some of the spokes according to the directions need to be put on yourself, but at least this way they not bent in box. Note when I bought it - it used the color Lake Blue but the picture was a Peacock Blue - I took the chance and it is a Peacock Blue- I would not call it Lake at all or sky or any of those colors. It worked out for me as it matches perfectly with my Peacock Blue cushions and other umbrellas, It defintiely seems like it is sturdy and the size looks as it should, it has a nice weight as i did open it in house to take a look, the material has a slight sheen which makes it appear a little different than my others, but not something most people would notice.
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Perfect over a picnic table!
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Seems sturdy enough. Tilt button is difficult to retract to straight, but maybe just my finger strength, or it will loosen up with time. The color of one of the stripes is off from the photo. I was hoping it was turquoise as shown in picture, but is actually a much deeper blue. Doesn't coordinate with my other patio colors like I hoped it would, but it will do.
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Love the rectangular shape, it allows more coverage in areas that I need it. The tilt feature works well and is handy. Easy to put together and would recommend
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