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Investment Performance Measurement by Bill Bain
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    • Product code: 5574
    • ISBN: 1855733390, ISBN13: 9781855733398, 224 pages, paperback
      Published by Woodhead Publishing on 1996 , New edition
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    Description of Investment Performance Measurement

    This book is concerned with the measurement and analysis of the investment performance of portfolios and funds. The main emphasis is on pension funds. This is because they represent a large and diverse pool of assets with a broadly common objective - to build up a fund of financial assets which will meet the future liability to provide retirement pensions to the underlying subscribers.

    The book is aimed at a broad spectrum of reader and provides answers to many of the questions posed by professionals and lay persons alike in one convenient source. Plan sponsors and trustees of pension funds should find the descriptive chapters helpful in understanding the complexities of performance measurement but there is also sufficient technical description to assist students and practitioners, such as fund managers and consultants, to come to terms with both the process and the outcome of performance measurement and analysis.

    Contents of Investment Performance Measurement

    Section One: What is Performance Management?
    1. History of performance measurement
    2. The benchmarks
    3. Performance analysis
    4. Management control

    Section Two: How to Measure Performance
    5. The basic calculations
    6. Practicalities of data collection
    7. Performance standards
    8. Risk

    Section Three: The Results
    9. Evidence of universe results
    10. The investment management process
    11. International differences
    12. Myths and misunderstandings

    Section Four: The Future
    13. More detailed analysis
    14. Customised benchmarks
    15. The international dimension


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