Investment Performance Measurement: Evaluating and Presenting Results

Praise for Investment Performance Measurement

"This volume contains the insights of more than fifty prominent authorities on performance measurement. It is a must-have, must-read book for anyone involved in measuring, analyzing, or explaining investment results."

—John Schlifske, CFA,

President and Chief Executive Officer, Russell Investments

"Investment Performance Measurement: Evaluating and Presenting Results should be required reading for investors as well as investment performance professionals. This collection conveniently brings together some of the definitive texts on performance and risk analysis that are core to the investment profession."

—Frances Barney, CFA,

Managing Director, BNY Mellon Asset Servicing Performance & Risk Analytics

"It is vitally important that performance analysts remain well versed in the academic work that has been published in their field. This book is unique in that it assembles some of the most important papers in the field of performance measurement into one volume. This book should be read by all performance analysts who are serious about advancing in their field."

—Neil Riddles, CFA, CIPM,

Hansberger Global Investors, Inc.

Keywords: CFA Institute, performance measurement, CFA Institute Research Foundation, investment performance evaluation, investment performance presentation, overview of investment performance evaluation, benchmark construction, benchmark selection, performance attribution analysis, determining the sources of returns, performance appraisal, risk-adjusted returns, performance presentation, Global Investment Performance Standards, GIPS