国際ケーススタディアカデミージャーナル

1532-5822

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Evaluation of Investment Portfolios: A Teaching Note

Kostas Siriopoulos

Investment assessment is important to both retail and institutional investors. However, most of the papers are addressed to professionals and only few of them are conceivable by finance students. In this paper I present a comprehensive portfolio evaluation following CFA’s approach: Measure of Returns, Returns adjusted for Risk, Attribute Performance. All calculations are presented in simple excel formulas.