Frank Busby is on the board for a pension fund and would like to evaluate the funds performance and determine its sources of return. Which of the following is Busby most likely to utilize? | A) | Micro performance evaluation. |
| B) | Macro performance evaluation. |
| | C) | Performance decomposition analysis. |
| | D) | Alpha and beta separation analysis. |
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Answer and Explanation
Macro performance evaluation is performed at the fund sponsor level. It decomposes fund performance into that from net contributions, the risk-free asset, asset categories, benchmarks, investment managers, and allocation effects. | 
发表于 2008-9-17 17:17
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