{"product_id":"performance-measurement-cfa-9780470395028","title":"Performance Measurement (Cfa)","description":"\u003cp\u003e\u003cb\u003eInvestment Performance Measurement\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eOver the past two decades, the importance of measuring, presenting, and evaluating investment performance results has dramatically increased. With the growth of capital market data services, the development of quantitative analytical techniques, and the widespread acceptance of Global Investment Performance Standards (GIPS\u003csup\u003e(R)\u003c\/sup\u003e), this discipline has emerged as a central component of effective asset management and, thanks in part to the Certificate in Investment Performance Measurement (CIPM) program, has become a recognized area of specialization for investment professionals. \u003c\/p\u003e\u003cp\u003eThat's why \u003ci\u003eInvestment Performance Measurement: Evaluating and Presenting Results\u003c\/i\u003e--the second essential title in the CFA Institute Investment Perspectives series--has been created. CFA Institute has a long tradition of publishing content from industry thought leaders, and now this new collection offers unparalleled guidance to those working in the rapidly evolving field of investment management. \u003c\/p\u003e\u003cp\u003eDrawing from the Research Foundation of CFA Institute, the \u003ci\u003eFinancial Analysts Journal, \u003c\/i\u003e CFA \u003ci\u003eInstitute Conference Proceedings Quarterly, \u003c\/i\u003e CFA \u003ci\u003eMagazine, \u003c\/i\u003e and the CIPM curriculum, this reliable resource taps into the vast store of knowledge of some of today's most prominent thought leaders--from industry professionals to respected academics--who have focused on investment performance evaluation for a majority of their careers. \u003c\/p\u003e\u003cp\u003eDivided into five comprehensive parts, this timely volume opens with an extensive overview of performance measurement, attribution, and appraisal. Here, you'll become familiar with everything from the algebra of time-weighted and money-weighted rates of return to the objectives and techniques of performance appraisal. \u003c\/p\u003e\u003cp\u003eAfter this informative introduction, \u003ci\u003eInvestment Performance Measurement\u003c\/i\u003e moves on to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eProvide a solid understanding of the theoretical grounds for benchmarking and the trade-offs encountered during practice in Part II: Performance Measurement\u003c\/li\u003e \u003cli\u003eDescribe the different aspects of attribution analysis as well as the determinants of portfolio performance in Part III: Performance Attribution\u003c\/li\u003e \u003cli\u003eAddress everything from hedge fund risks and returns to fund management changes and equity style shifts in Part IV: Performance Appraisal\u003c\/li\u003e \u003cli\u003eRecount the history and explain the provisions of the GIPS standards--with attention paid to the many practical issues that arise in the course of its implementation--in Part V: Global Investment Performance Standards\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFilled with invaluable insights from more than fifty experienced contributors, this practical guide will enhance your understanding of investment performance measurement and put you in a better position to present and evaluate results in the most effective way possible.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e John Wiley \u0026amp; Sons\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/06\/2009\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780470395028\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 970\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 3.90lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.00h x 7.10w x 2.20d\u003c\/p\u003e","brand":"Lawton, Jankowski","offers":[{"title":"Default Title","offer_id":36637542744220,"sku":"9780470395028","price":85.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_93596fb5-9619-4795-ab89-aae5e92be00b.jpg?v=1603845049","url":"https:\/\/pastforward.org\/products\/performance-measurement-cfa-9780470395028","provider":"Past Forward","version":"1.0","type":"link"}