Why Have An Attribution Model To Break Out The Investment Decisions When The Answer is Explicit?
Advocating a Decision-Based Approach to Attribution Author: Jem Tugwell, Jem Tugwell Associates
Attribution approaches are based on models and approaches that do not reflect the modern portfolio system or computing capability. Historically, all of the decisions made in a portfolio are consolidated into a total portfolio, with an attribution model then attempting to determine which decision were made and which added positive returns.
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