Author : Marie-Josée Lambert
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (11 download)
Book Synopsis Performance Measurement and Attribution of International Equity Portfolios by : Marie-Josée Lambert
Download or read book Performance Measurement and Attribution of International Equity Portfolios written by Marie-Josée Lambert and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wide availability of international equity funds creates a need for evaluating international equity performance in an intelligent and appropriate way which distinguishes between funds with different missions and investment policies and practices. However, as research into international equity portfolio performance attribution is still in its infancy, there does not seem to be a general consensus on the overall framework or approach which should be taken to evaluate the performance of international equity portfolios. With a solid theoretical foundation drawn from existing research, this thesis sets out to develop a workable, intuitive and useful performance attribution and risk measurement framework for international equity portfolios. The framework presented is then used to evaluate the performance of a Canadian-based international equity portfolio yielding results which would be of particular interest to its sponsors. This thesis then gives suggestions for future research and concludes by stating that attribution and risk measurement practices for international equity portfolios are sure to become even more refined as interest in globally diversified portfolios continues to increase.