Portfolio Performance Measurement and Benchmarking
, by Christopherson, Jon; Carino, David; Ferson, WayneNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780071496650 | 0071496653
- Cover: Hardcover
- Copyright: 6/5/2009
In order to make sound investment choices, investors must know the projected return on investment in relation to the risk of not being paid. Benchmarks are excellent evaluators, but the failure to choose the right investing performance benchmark often leads to baddecisions or inaction, which inevitably resultsin lost profits.The first book of its kind, Portfolio Performance Measurement and Benchmarkingis a complete guide to benchmarks and performace evaluation using benchmarks. In one inclusive volume, readers get foundational coverage on benchmark construction, as well as expert insight into specific benchmarks for asset classes and investment styles. Starting with the basics such as return calculations and methods of dealing with cashflows, this thorough book covers a widevariety of performance measurement methodologies and evaluation techniques beforemoving into more technical material that deconstructs both the creation of indexes and the components of a desirable benchmark. Portfolio Performance Measurement and Benchmarking provides detailed coverage of benchmarks for: U.S. equities Global and international equities Fixed income Real estate The team of renowned authors offers illuminating opinions on the philosophy and developmentof equity indexes, while highlighting numerous mechanical problems inherent inbuilding benchmarks and the implications ofeach one. Before you make your next investment, becertain your return will be worth the risk with Portfolio Performance Measurement and Benchmarking.