DEMYSTIFYING FIXED INCOME ATTRIBUTION,
ONE STRATEGY AT A TIME
Performance attribution is an integral part of the investment process. It helps close the feedback loop by explaining the drivers of benchmark relative over- or underperformance.
To find out how your firm can take the first steps to demystifying fixed income attribution, download our eBook:
ways attribution analysis is used across firms
and for their clients:
While attribution has a definite science behind it, it is also an art.
One size does not fit all!
With a standard Brinson approach, one can explain the portfolio’s performance in terms of being overweight or underweight and how each
group performed relative to the benchmark.
The drivers of total return for fixed income instruments are more complex than in the equity space. Fixed income attribution needs to go further than identifying how much asset values change over time; it should try to identify the reasons for these changes.
FIXED INCOME ATTRIBUTION
This eBook tackles the question of how to successfully explain the performance, outperformers, and underperformers of a fixed income portfolio.
Understand interest rate exposure and positioning across the curve
Add optional attribution effects to align with your investment process
Tilt the model to match the asset type
Dive deep into liability-driven investment analysis
Link attribution to risk management
Bring it all together with multi-asset attribution
in support or defense of their investment thesis
to determine how their investment selections are subscribing to
given mandates, and how they
are performing against passive alternatives
for asset gathering and retention
SALES + MARKETING:
SALES + MARKETING
And fixed income attribution is an entirely different beast than straightforward equity attribution.
Consider a hybrid attribution approach
Integrate DTS into your analysis
Understand the role of currency in the attribution story
Demystifying Fixed Income Attribution, One Step at a Time.
Demystifying Fixed Income Attribution, One Strategy at a Time
to learn how to improve the quality of your fixed income attribution analysis. We’ll take you through specific examples and break down popular strategies, including core investment grade, high-yield, emerging markets, and more.