Question: A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing

A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the return on the MSCI World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table: Weight In MSCI Index Manager's Weight Manager's Return in Country Return of Stock Index Country for That Country U.K. 0.3 0.26 22% 15% 5:52 Japan 0.43 0.2 17 17 U.S. 0.22 0.21 10 13 Germany 0.05 0.33 15 Required: a. Calculate the total value added of all the manager's decisions this period. (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Added value 777.00 % b. Calculate the value added (or subtracted) by her country allocation decisions. (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should b
A global equity manager is assigned to select stocks from a universe
of large stocks throughout the world. The manager will be evaluated by

roctoring Enable con Submit UK 03 000525 A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the retum on the MSCI World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table; Weight in Manager's Manager's Return Mature of Stock Index Country MSC Index Wicht in Country for That Count Japan 0.43 17 17 0.5 0.22 13 Germany 2 15 Required: 0. Calculate the total value added of all the manager's decisions this period (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Added value 17.00 0.26 0.2 0.21 30 0.05 13. Calculate the value added (or subtracted) by her country allocation decisions (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign) Contribution of country on tocation 1.7.00) Mc Graw b. Calculate the value added (or subtracted) by her country allocation decisions (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Contributions of country allocation 7177.00 c. Calculate the value added from her stock selection ability within countries. (Do not round Intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign) Contribution of stock eledion roctoring Enable con Submit UK 03 000525 A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the retum on the MSCI World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table; Weight in Manager's Manager's Return Mature of Stock Index Country MSC Index Wicht in Country for That Count Japan 0.43 17 17 0.5 0.22 13 Germany 2 15 Required: 0. Calculate the total value added of all the manager's decisions this period (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Added value 17.00 0.26 0.2 0.21 30 0.05 13. Calculate the value added (or subtracted) by her country allocation decisions (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign) Contribution of country on tocation 1.7.00) Mc Graw b. Calculate the value added (or subtracted) by her country allocation decisions (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Contributions of country allocation 7177.00 c. Calculate the value added from her stock selection ability within countries. (Do not round Intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign) Contribution of stock eledion

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!