Do we need to calculate all of them and sum them up?

Net contributions.

Riskfree asset.

Asset categories.

Benchmarks.

Investment managers. 6. Allocation effects. Micro analysis is easier…
Do we need to calculate all of them and sum them up?
Net contributions.
Riskfree asset.
Asset categories.
Benchmarks.
Investment managers. 6. Allocation effects. Micro analysis is easier…
Any thoughts?
Yes. There are six levels of performance allocation, each requiring a higher level of risk tolerance.Everything above the line comes from something other than pure tracking a broad market index.
Allocation Effects: Residual return due to various imprecise allocation
Investment Managers: Alpha generated above style benchmark (allocatio
Benchmarks: Passive investment in relevant style benchmark
Asset Category: Any asset allocation other than 100% riskfree
Riskfree Rate: Safest possible return (minimum acceptable)
Net Contributions: Cash flows invested at the zerorate
Wow, thanks Rogue. After one year…you still remember this, amazing:)