{"product_id":"investment-performance-measurement-evaluating-and-presenting-results-2-cfa-institute-investment-perspectives-9780470395028","title":"Investment Performance Measurement Evaluating and","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis timely book,  Investment Performance Measurement  will help investment professionals successfully analyze and manage their wealth. The CFA Institute is the largest association of professional investment mangers worldwide.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003eRobert R. Johnson, CFA\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003cbr\u003e\u003ci\u003ePhilip Lawton, CFA, CIPM, and Todd Jankowski, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I: OVERVIEW OF PERFORMANCE EVALUATION\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1 Evaluating Portfolio Performance 11\u003cbr\u003e\u003ci\u003eJeffery V. Bailey, CFA, Thomas M. Richards, CFA, and David E. Tierney\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II: PERFORMANCE MEASUREMENT\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 2 Benchmarks and Investment Management 81\u003cbr\u003e\u003ci\u003eLaurence B. Siegel\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 3 The Importance of Index Selection 189\u003cbr\u003e\u003ci\u003eChristopher G. Luck, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 4 After-Tax Performance Evaluation 203\u003cbr\u003e\u003ci\u003eJames M. Poterba\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 5 Taxable Benchmarks: The Complexity Increases 217\u003cbr\u003e\u003ci\u003eLee N. Price, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 6 Overcoming Cap-Weighted Bond Benchmark Defi ciencies 233\u003cbr\u003e\u003ci\u003eWilliam L. Nemerever, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 7 Yield Bogeys 251\u003cbr\u003e\u003ci\u003eBrent Ambrose and Arthur Warga\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 8 Jumping on the Benchmark Bandwagon: Benchmark Methodologies Are the Subject of Vigorous Debate 259\u003cbr\u003e\u003ci\u003eCrystal Detamore-Rodman\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III: PERFORMANCE ATTRIBUTION\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 9 Determinants of Portfolio Performance 267\u003cbr\u003e\u003ci\u003eGary P. Brinson, L. Randolph Hood, CFA, and Gilbert L. Beebower\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 10 Determinants of Portfolio Performance II: An Update 277\u003cbr\u003e\u003ci\u003eGary P. Brinson, Brian D. Singer, CFA, and Gilbert L. Beebower\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 11 Determinants of Portfolio Performance—20 Years Later 289\u003cbr\u003e\u003ci\u003eL. Randolph Hood, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 12 Equity Portfolio Characteristics in Performance Analysis 293\u003cbr\u003e\u003ci\u003eStephen C. Gaudette, CFA, and Philip Lawton, CFA, CIPM\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 13 Mutual Fund Performance: Does Fund Size Matter? 307\u003cbr\u003e\u003ci\u003eDaniel C. Indro, Christine X. Jiang, Michael Y. Hu, and Wayne Y. Lee\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 14 Multiperiod Arithmetic Attribution 327\u003cbr\u003e\u003ci\u003eJosé Menchero, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 15 Optimized Geometric Attribution 351\u003cbr\u003e\u003ci\u003eJosé Menchero, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 16 Custom Factor Attribution 367\u003cbr\u003e\u003ci\u003eJosé Menchero, CFA, and Vijay Poduri, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 17 Return, Risk, and Performance Attribution 387\u003cbr\u003e\u003ci\u003eKevin Terhaar, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 18 Global Asset Management and Performance Attribution 397\u003cbr\u003e\u003ci\u003eDenis S. Karnosky and Brian D. Singer, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 19 Currency Overlay in Performance Evaluation 457\u003cbr\u003e\u003ci\u003eCornelia Paape\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IV: PERFORMANCE APPRAISAL\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 20 On the Performance of Hedge Funds 481\u003cbr\u003e\u003ci\u003eBing Liang\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 21 Funds of Hedge Funds: Performance and Persistence 501\u003cbr\u003e\u003ci\u003eStan Beckers\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 22 Hedge Fund Due Diligence: Putting Together the Pieces of the Mosaic Helps Reveal Operational Risks 513\u003cbr\u003e\u003ci\u003eCynthia Harrington, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 23 Putting Risk Measurement in Context: Why One Size Does Not Fit All 517\u003cbr\u003e\u003ci\u003eCynthia Harrington, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 24 Conditional Performance Evaluation, Revisited 521\u003cbr\u003e\u003ci\u003eWayne E. Ferson and Meijun Qian\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 25 Distinguishing True Alpha from Beta 591\u003cbr\u003e\u003ci\u003eLaurence B. Siegel\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 26 A Portfolio Performance Index 605\u003cbr\u003e\u003ci\u003eMichael Stutzer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 27 Approximating the Confi dence Intervals for Sharpe Style Weights 619\u003cbr\u003e\u003ci\u003eAngelo Lobosco and Dan DiBartolomeo\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 28 The Statistics of Sharpe Ratios 629\u003cbr\u003e\u003ci\u003eAndrew W. Lo\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 29 Risk-Adjusted Performance: The Correlation Correction 653\u003cbr\u003e\u003ci\u003eArun S. Muralidhar\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 30 Index Changes and Losses to Index Fund Investors 669\u003cbr\u003e\u003ci\u003eHonghui Chen, Gregory Noronha, CFA, and Vijay Singal, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 31 Information Ratios and Batting Averages 693\u003cbr\u003e\u003ci\u003eNeil Constable and Jeremy Armitage, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 32 The Information Ratio 705\u003cbr\u003e\u003ci\u003eThomas H. Goodwin\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 33 Does Asset Allocation Policy Explain 40, 90, or 100 Percent of Performance? 719\u003cbr\u003e\u003ci\u003eRoger G. Ibbotson and Paul D. Kaplan\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 34 Fund Management Changes and Equity Style Shifts 731\u003cbr\u003e\u003ci\u003eJohn G. Gallo and Larry J. Lockwood\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 35 Managing Performance: Monitoring and Transitioning Managers 745\u003cbr\u003e\u003ci\u003eLouisa Wright Sellers\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 36 Does the Emperor Wear Clothes or Not? The Final Word (or Almost) on the Parable of Investment Management 757\u003cbr\u003e\u003ci\u003ePhilip Halpern, Nancy Calkins, and Tom Ruggels\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 37 Does Historical Performance Predict Future Performance? 767\u003cbr\u003e\u003ci\u003eRonald N. Kahn and Andrew Rudd\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 38 Evaluating Fund Performance in a Dynamic Market 785\u003cbr\u003e\u003ci\u003eWayne E. Ferson and Vincent A. Warther\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 39 Investment Performance Appraisal 799\u003cbr\u003e\u003ci\u003eJohn P. Meier, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 40 Thinking Outside the Box: Risk Management Firms Put a Creative Spin on Coupling Theory with Practice 815\u003cbr\u003e\u003ci\u003eSusan Trammell, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART V: GLOBAL INVESTMENT PERFORMANCE STANDARDS\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 41 Global Investment Performance Standards  825\u003cbr\u003e\u003ci\u003ePhilip Lawton, CFA, CIPM, and W. Bruce Remington, CFA\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAPPENDIX A Global Investment Performance Standards (GIPS®) 899\u003c\/p\u003e \u003cp\u003eAPPENDIX B Corrections to GIPS Standards 2005: Last Updated October 31, 2006 951\u003c\/p\u003e \u003cp\u003eAbout the Contributors 953\u003c\/p\u003e \u003cp\u003eIndex 956\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402323239255,"sku":"9780470395028","price":63.75,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470395028.jpg?v=1730480067","url":"https:\/\/bookcurl.com\/products\/investment-performance-measurement-evaluating-and-presenting-results-2-cfa-institute-investment-perspectives-9780470395028","provider":"Book Curl","version":"1.0","type":"link"}