Any investment process is ultimately a series of decisions (explicit & implicit) based on a set of market views, resulting in an output portfolio. Attribution quantifies the effects of these investment decisions on portfolio performance and risk over a given period of time. Attribution is thus a...

An introduction to common fixed income instruments and mathematics, this book offers explanations, exercises, and examples without demanding sophisticated mathematics. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management...