18.6

Consider the following performance data for two portfolio managers (A and B) and a common benchenark portfolio: a. Caikulate (1) the overall retum to the benchmark portfolio, (2) the overall return to Manager A's actual portfollo, and (3) the overall return to Manager B's actual portfolio. Briefly comment on whether these managers have under- or outperformed the benchmark fund. Round your anwwers to two decimal places. Use a minus sign to enter negative values, if any. Manager A has the benchmark fund. Manager a has the benchmark fund. b. Using attribution analysis, calculate (1) the selection effect, and (2) the allocation effect for both Mansger A and Manager B. Using these numbers in conjuncton with your calculations. Round your answers to two decimal places. If the aniwer is zero, enter : 0 ". Consider the following performance data for two portfolio managers (A and B) and a common benchenark portfolio: a. Caikulate (1) the overall retum to the benchmark portfolio, (2) the overall return to Manager A's actual portfollo, and (3) the overall return to Manager B's actual portfolio. Briefly comment on whether these managers have under- or outperformed the benchmark fund. Round your anwwers to two decimal places. Use a minus sign to enter negative values, if any. Manager A has the benchmark fund. Manager a has the benchmark fund. b. Using attribution analysis, calculate (1) the selection effect, and (2) the allocation effect for both Mansger A and Manager B. Using these numbers in conjuncton with your calculations. Round your answers to two decimal places. If the aniwer is zero, enter : 0 ". a. Calculate (1) the overall return to the benchmark portfolio, (2) the overall return to Manager A's actual portfolio, an Briefly comment on whether these managers have under- or outperformed the benchmark fund. Round your answe negative values, if any. Manager A has the benchmark fund. Manager B has the benchmark fund. b. Using attribution analysis, calculate (1) the selection effect, and (2) the allocation effect for both Manager A and Man results from Part a, comment on whether these managers have added value through their selection skills, their alloce calculations. Round your answers to two decimal places. If the answer is zero, enter " 0 ". Manager A has added value through his/he skills. Manager B has added value through his/he ikills