Performance measurement is a hot topic in the investment field. This book provides all the basics and concepts to allow investment professionals and individual investors to more easily calculate performance. It demonstrates proven calculations needed to effectively evaluate performance.
Book Description
Editorial Reviews
From the Back Cover
``This is one of the best books dealing with performance measurement and performance presentation, and one that almost any interested investor can understand.''--Michael Caccese, Senior Vice President, General Counsel, and Secretary AIMR. ``Measuring Investment Performance will serve as the standard for those in the industry who are responsible for maintaining and monitoring investment results. David Spaulding's book is well-timed as the securities industry debates how to adapt standards that are still being developed. Relative to performance measurement, the industry will now have a rule book to determine what is fair and what is foul.''--Robert McAllister, Vice President, DST Belvedere Financial Systems, Inc. ``A clear, concise, yet comprehensive picture of the basics as well as nuances of generating performance figures, evaluating the results, and ways of meeting standards for reporting such. Investment managers, plan sponsors, and interested individuals would do well to have a copy of the book handy.''--James L. Farrell, Chairman, Farrell-Wako Global Investment Management, Inc. ``The book covers a deal of territory concerning investment management performance in an easy-to-read and informative manner.''--James Hollis, CFA, Vice President and Director, Standish, Ayer & Woods, Inc. Measuring Investment Performance goes beyond other books to fully detail the standards you should use to track and gauge any money manager's performance. Whether you are the manager of a multi-million dollar corporate pension fund or a newly-minted $500 college fund, David Spaulding's authoritative book is your guide book for ensuring that you get the investment professionalism and performance you deserve.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
6 of 6 people found the following review helpful:
3.0 out of 5 stars
Measuring Investment Performance,
This review is from: Measuring Investment Performance: Calculating and Evaluating Investment Risk and Return (Hardcover)
A good reference book for the basics. It covers rates of return and differences between calculation methodologies. There are some good examples (however, there are some mistakes in these, pages 32, 38 and maybe elsewhere) and the formulae for calculating the results. There doesn't appear to be that much on risk beyond the basic concept and introduction to the topic. In summary, a good general (and gentle) introduction to the glorious world of Performance Measurement, but after reading this you would probably need something more in-depth to expand on certain topics.
8 of 10 people found the following review helpful:
5.0 out of 5 stars
Clearly written one of a kind book for understanding ROR,
By A Customer
This review is from: Measuring Investment Performance: Calculating and Evaluating Investment Risk and Return (Hardcover)
A great reference book for any registered representative, or investment advisor who wants to understand rate or return (ROR), the difference between time and dollar weighted rates of return, and the different methods of calculating each. There are examples to demonstrate the concepts and the formulas for calculating the results. We were mainly interested in the first half of the book which dealt with producing the rates. The second half seemed to deal more with reporting requirements for investment companies (very important if it pertains to you.) The only thing that could be added to this publication would be Excel spreadsheets on a CD ROM. If you provide clients with Rate of Return information, this is a must read.
8 of 10 people found the following review helpful:
1.0 out of 5 stars
Back to square one,
By A Customer
This review is from: Measuring Investment Performance: Calculating and Evaluating Investment Risk and Return (Hardcover)
Unless you have no clue about performance do not buy this book. This is not even "ABC" of performance, it is the TeleTubby of performance. Majority of the info is either in AIMR PPS or in basic Finance literature. Unless you can get this book for deep deep discount do not buy it.
Share your thoughts with other customers: Create your own review
|
|
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Inside This Book
(learn more)
First Sentence:
The cartoon below serves as a metaphor for many when it comes to performance measurement, though their comments wouldn't exactly mirror those of these characters. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
beginning period market value, wrap fee accounts, retroactive compliance, performance presentation standards, geometric linking, period market values, specific mutual fund, composite returns, reinvested income, allocating cash, performance attribution, midpoint method, model fees, cash allocation, mutual fund performance, advisory fees, model portfolio, opportunity distributions, investment adviser, highest fee, actual fees, fee customers, investment management firms Key Phrases - Capitalized Phrases (CAPs): (learn more)
Level Two, Peter Dietz, The Spaulding Group, Ron Surz New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
The cartoon below serves as a metaphor for many when it comes to performance measurement, though their comments wouldn't exactly mirror those of these characters. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
beginning period market value, wrap fee accounts, retroactive compliance, performance presentation standards, geometric linking, period market values, specific mutual fund, composite returns, reinvested income, allocating cash, performance attribution, midpoint method, model fees, cash allocation, mutual fund performance, advisory fees, model portfolio, opportunity distributions, investment adviser, highest fee, actual fees, fee customers, investment management firms Key Phrases - Capitalized Phrases (CAPs): (learn more)
Level Two, Peter Dietz, The Spaulding Group, Ron Surz New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
Citations (learn more)
This book cites 10
books:
See all 10 books this book cites
1
book
cites this book:
- Bond Markets, Analysis and Strategies (6th Edition) by Frank J. Fabozzi in Back Matter
- Essentials of Managerial Finance with Thomson ONE by Scott Besley in Back Matter
- Pension Investment Handbook by Mark W. Riepe on page 95
- Portfolio Management: Theory and Applications by James L Farrell in Back Matter
- Basic- Training. Der ultimative Fitness- Guide für den Mann. by Jon Giswold on page 103
See all 10 books this book cites
- Performance Measurement in Finance (Quantitative Finance) by John Knight in Front Matter
Books on Related Topics
(learn more)
|
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
