ABOUT THE BOOK

Portfolio performance measurement and benchmarking help institutional investors create a smart system for accurate performance evaluation of managed asset portfolios. Striking a useful balance between scholarly groundwork and real-world practicality, this state-of-the-art book gives readers a potent combination of cornerstone knowledge on measuring return and risk with practical guidance on evaluating the performance of a variety of investment strategies. Packed with applicable examples demonstrating how to correctly calculate performance statistics and properly interpret the results, portfolio performance measurement and benchmarking features: • Thorough coverage of a wide variety of performance-measurement methodologies and evaluation techniques • Expert explanations of the mathematics underlying each method • Specific calculation and evaluation examples from the real world. From the basics of asset class return expectations and portfolio comparisons to up-do-date information on investment styles and global index construction, this go-to guide provides a useful depth of coverage in easy-to-understand terms.