The Analysis of Portfolio Management Performance: An Insitutional Guide to Assessing and Analyzing Pension Fund, Endowment, Foundation and Trust Investment Performance [ILLUSTRATED] (Hardcover)

~ (Author), Stephen O. Morrell (Author) "Understanding the characteristics and purposes of investment sponsors is the starting point in the analysis and evaluation of portfolio managers..." (more)
Key Phrases: Salomon Brothers, Frank Russell Company, Lehman Brothers Government (more...)

Editorial Reviews

Product Description

Analysis of investment returns is no longer the sole judge of portfolio management performance. Continued innovation in financial markets, along with the wider variety of investment alternatives available to clients, makes it essential that you know all of the benchmarks the experts are using today. The Analysis of Portfolio Management Performance, by C. Timothy Haight and Stephen O. Morrell, is both an instructional book and a ``checklist'', helping you to guarantee that portfolios for which you are responsible are managed in a prudent and acceptable manner. Current evaluation techniques are described and evaluated in a clear and understandable fashion. Important topics discussed include: establishment of a valuable, effective policy statement; situational pros and cons of different investment approaches; style and return-risk measurements.

Product Details

• Hardcover: 400 pages
• Publisher: McGraw-Hill Companies; illustrated edition edition (March 1, 1997)
• Language: English
• ISBN-10: 0786308001
• ISBN-13: 978-0786308002
• Product Dimensions: 9.1 x 6.2 x 1 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 4.3 out of 5 stars  See all reviews (3 customer reviews)
• Amazon.com Sales Rank: #1,541,363 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

13 of 13 people found the following review helpful:

5.0 out of 5 stars Great for learning the components of investment return, December 15, 2001

By	Max Rottersman (Hanover, NH USA) - See all my reviews (REAL NAME)

The book is very well written and strikes the right balance between portfolio math and a discussion of the various ideas in investment performance. I specialize in automating financial reports and this book explained what many of these reports were trying to do (but which, I now see, could do better). I spent ($$$) for this book (...) and it was well worth it. This book isn't about beating the market, it's about understanding the components of one's investment return. How much is related to the balance of the portfolio, the stock selection, the market's broad movement. Was the manager taking unnecessary risks? If he did well was it due more to the portfolio's balance or the market's movement. I also keep going back to this book, it's a great reference.

3.0 out of 5 stars A Basic Overview of Investment Manager Performance Analysis, September 25, 2008

By	S. E. Nelson (Minnesota, USA) - See all my reviews (REAL NAME)

The author touches on many aspects of analyzing the performance of an investment portfolio and the investment manager. The book is more basic overview than handbook or how-to manual. It is not quantitative or in-depth enough for the practitioner but may be of use to a layman finding himself with new fiduciary oversight responsibilities. The book is now 10 years old so most of the tables covering historical performance of investments and investment styles cover a period ending in 1995.

0 of 2 people found the following review helpful:

5.0 out of 5 stars Great book, worth the time and money., May 31, 2006

A Kid's Review

Very insightful in helping understand the elements that must be considered in investing into a portfolio and in managing a portfolio. Very well written and complete.