Performance Attribution for Equity Portfolios

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چکیده

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PERFORMANCE ATTRIBUTION FOR EQUITY PORTFOLIOS Performance Attribution for Equity Portfolios

Many portfolio managers measure performance with reference to a benchmark. The difference in return between a portfolio and its benchmark is the active return of the portfolio. Portfolio managers and their clients want to know what caused this active return. Performance attribution decomposes the active return. The two most common approaches are the Brinson-Hood-Beebower (hereafter referred to ...

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Performance Attribution for Equity Portfolios

Many portfolio managers measure performance with reference to a benchmark. The difference in return between a portfolio and its benchmark is the active return of the portfolio. Portfolio managers and their clients want to know what caused this active return. Performance attribution decomposes the active return. The two most common approaches are the Brinson-Hood-Beebower (hereafter referred to ...

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ژورنال

عنوان ژورنال: The R Journal

سال: 2013

ISSN: 2073-4859

DOI: 10.32614/rj-2013-025