$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 Critical Analysis of Fund Rating Systems
$25.00 Add to cart -
A Case for Arithmetic Attribution
$25.00 Add to cart -
A Geometric Attribution Model and a Symmetry Principle
$25.00 Add to cart -
A Case for Fixed Income Holdings-Based Attribution: Techniques for Achieving Cleaner Results
$25.00 Add to cart