Mastering Attribution in Finance

a book that brings together the details of attribution, blending both detailed theoretical concepts and practical examples. A must have for any attribution specialist.

Andrew Kophamel CFA, CIPM, FRM

Head of Performance, Asia Pacific, Aberdeen Asset Management

Attribution in finance is a key investment and asset management process used in managed funds. It measures which investment decisions about the portfolios underlying risks worked and which did not, therefore allowing the fund manager to take remedial action if necessary. Attribution is critical business intelligence for anyone involved in selecting, managing or marketing investments.

Mastering Attribution in Finance:

   Presents the key concepts behind portfolio returns for equities and fixed income

   Explains the sources of risk that drive fixed income security returns

   Describes the practical aspects of attribution and the tools used in attribution reporting

   Introduces important approaches such as Brinson attribution, the Campisi model, duration attribution, the Tim Lord model, the Karnosky-Singer attribution model, and parametric and non-parametric yield curve attribution