Performance Measurement Attribution

Performance Measurement Attribution - 2 day Training Course

This two day course from The Spaulding Group is devoted the the increasingly important topic of performance measurement attribution. Participants will come away from this course with the skills and knowledge that will enable them to calculate performance attribution and then understand the results. 

Course Objectives:

• Understand the fundamentals concepts of attribution, and how they’re applied to investing. Learn the criteria for attribution systems.
• Develop an appreciation for the differences between the two “Brinson” models. Understand the various effects and how they’re derived, including interaction.
• Understand the key differences between naïve currency attribution, and the extensive Karnosky-Singer model.
• Learn why arithmetic attribution is “linking challenged,” and requires the use of a linking model to extend the results across time.
• Gain an appreciation for the differences between Arithmetic and Geometric Attribution
• Learn the key differences between Holdings and Transaction-based Attributiont
• Understand the fundamental role of attribution, and how its implementation can vary, depending on the type of management (e.g., a long-only vs. hedge fund manager) or perspective (e.g., models for plan sponsors).