The first comprehensive guide to equity. benchmark construction for your portfolio.
The failure to choose the right investing performance. benchmarks often leads to bad decisions or inaction. and, inevitably, lost profits. "Portfolio Performance. Measurement and Benchmarking" helps high-net-worth. and institutional investors create a system they can use. to accurately measure their performance..
The authors highlight common mechanical problems. involved in building benchmarks and clearly illustrate. the resulting fallouts. They provide a foundation for. benchmark construction and discuss methods for all. different asset classes and investment styles..