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From the Back Cover --
The role of performance measurement has grown considerably over the past
several years. The demand for information resources to meet the needs of
performance measurement professionals, both seasoned veterans and
novices. This latest offering by David Spaulding builds upon his already
successful and well regarded Measuring Investment Performance and
Performance Measurement Attribution. Not only has performance
measurement's role in the financial industry grown, it has also evolved
in response to the many demands that have been placed upon it, by
practitioners, portfolio management, customers, and regulators. During
the eight years since his first book was published, Spaulding has
devoted a great deal of time to both reflection and research. The result
is a book that goes well beyond anything previously offered. Performance
measurement isn't limited to calculating rates of return (although
there's plenty of discussion on this critically important area). It also
includes benchmarks, risk measurement, performance attribution, and the
performance presentation standards. This invaluable handbook offers a
great deal of valuable information on all of these topics, in an
easy-to-read and comprehend fashion, with practical examples and
exercises to reinforce the material. Spaulding draws extensively from
his firm's focus on performance measurement, as well as his own
experience in consulting to numerous clients, conducting training
throughout the globe, and interacting with other performance measurement
professionals at conferences and meetings. This guide looks at
performance measurement and all of its complexities, providing the
reader with a valuable text and reference. It's insightful, clearly
written and illustrated. The Handbook of Investment Performance is an
essential resource for anyone involved with performance measurement.
David Spaulding is the
Founder and President of The Spaulding Group, Inc. He's also the Founder
and Publisher of The Journal of Performance Measurement®. He is an
internationally recognized authority on investment performance
measurement.He and his wife, Betty, live in North Brunswick,
New
Jersey.
David Spaulding
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