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Contributive Alpha as the Basis for Investment Performance Attribution
Author: John F. Mathias, Ph.D.
Price: $25.00

Detailed Description

If the foundations of investment performance attribution models are examined, it shows that traditional attribution analysis using arithmetic or geometric excess return does not reveal how a porftolio's return was achieved. It is argued that contributive alpha is an alternative measure for the return from active management that appears to be a more compelling basis for investment portfolio attribution models.

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