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Home > Business and Economics > Finance and accounting > Finance and the finance industry > Investment and securities > Portfolio Performance Measurement and Benchmarking
Portfolio Performance Measurement and Benchmarking

Portfolio Performance Measurement and Benchmarking


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About the Book

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 bad decisions or inaction, which inevitably results in lost profits. The first book of its kind, Portfolio Performance Measurement and Benchmarking is 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 cash flows--this thorough book covers a wide variety of performance measurement methodologies and evaluation techniques before moving 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 development of equity indexes, while highlighting numerous mechanical problems inherent in building benchmarks and the implications of each one. Before you make your next investment, be certain your return will be worth the risk with Portfolio Performance Measurement and Benchmarking.

About the Author :
Jon A. Christopherson, Ph.D., isa research fellow for Russell Investments, where he has a solidrecord of intellectual innovation.He has been a member of theeditorial advisory boards of TheJournal of Portfolio Management and The Journal ofInvestment Consulting. David R. Cariño, Ph.D., is a researchfellow for Russell Investments.He was the architect ofthe Russell-Yasuda Kasai model, which received a Franz EdelmanAward by The Institute forOperations Research and the ManagementSciences. Cariño serves on the advisory boardof The Journal of Performance Measurement. Wayne E. Ferson, Ph.D., holds theIvadelle and Theodore JohnsonChair in Banking and Financeat the USC Marshall School ofBusiness and is the former JohnL. Collins Chair in Finance atthe Carroll School of Management at BostonCollege. He is widely known in academic circles, has been published in the best academicjournals, and has served on several prestigiouseditorial boards.


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Product Details
  • ISBN-13: 9780071713665
  • Publisher: McGraw-Hill Education - Europe
  • Publisher Imprint: McGraw-Hill Inc.,US
  • Language: English
  • ISBN-10: 0071713662
  • Publisher Date: 05 Aug 2009
  • Binding: Digital (delivered electronically)
  • No of Pages: 480


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