It has been contended that the derivation of an appropriate model for evaluating the performance of a

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It has been contended that the derivation of an appropriate model for evaluating the performance of a bond manager is more difficult than an equity portfolio evaluation model because more decisions are required. Discuss some of the specific decisions that need to be considered when evaluating the performance of a bond portfolio manager.

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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