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Ethical and Professional Standards

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Portfolio Managementhard

What is the Brinson Attribution Model?

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Answer

Decomposes active return into: 1) Allocation Effect: over/underweighting sectors 2) Selection Effect: picking securities within sectors 3) Interaction Effect: combined impact Total Active Return = Allocation + Selection + Interaction

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CFA Level 312 TopicsEthical andProfessional10%BehavioralFinance5%Capital MarketExpectations5%AssetAllocation15%Fixed-IncomePortfolio10%EquityPortfolio10%AlternativeInvestments5%Private WealthManagement15%InstitutionalInvestors10%Trading,Monitoring,5%PerformanceEvaluation5%RiskManagement5%Code & StandardsCase StudiesPreviewAsset ManagerCode of ConductPreview
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