$25.00
The two main drivers of global investment performance are local asset returns and currency exchange rate returns. These two sources represent distinct investment decisions, and should be attributed independently, as argued by Singer and Karnosky. This article presents a refined and generalized version of the Singer-Karnosky model for multi-currency attribution.
Authors: Jose Menchero, Ph.D., MSCI and Ben Davis, Ph.D., MSCI
Description
The two main drivers of global investment performance are local asset returns and currency exchange rate returns. These two sources represent distinct investment decisions, and should be attributed independently, as argued by Singer and Karnosky. This article presents a refined and generalized version of the Singer-Karnosky model for multi-currency attribution.
Multi-Currency Performance Attribution
Related products
-
A Consistent Linking Concept for Fast Calculations of the Rate of Return and Research of Investment
$25.00 Add to cart -
A New Approach to the Decomposition of Yield Curve Movements for Fixed Income Attribution
$25.00 Add to cart -
A Case for Arithmetic Attribution
$25.00 Add to cart -
A Geometric Methodology for Performance Attribution
$25.00 Add to cart