Home » Added Value In Financial Institutions: Risk Or Return? by Emmanuel Acar
Added Value In Financial Institutions: Risk Or Return? Emmanuel Acar

Added Value In Financial Institutions: Risk Or Return?

Emmanuel Acar

Published August 21st 2001
ISBN : 9780273650348
Hardcover
284 pages
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 About the Book 

The fund industry has spent years refining a set of metrics for measuring and evaluating performance. In this book, youll learn how to use the same metrics to assess the added value generated by any financial institution or executive. ThisMoreThe fund industry has spent years refining a set of metrics for measuring and evaluating performance. In this book, youll learn how to use the same metrics to assess the added value generated by any financial institution or executive. This breakthrough approach to evaluating management performance offers institutions an extraordinarily powerful tool for gauging compensation and aligning executive behavior with the goals of the firm. Modern portfolio theory has essentially solved the problem of evaluating the performance of financial investments. However, until now, evaluating and rewarding the performance of senior executives has been a far more difficult challenge. Drawing upon portfolio theory, this book offers a common framework and theoretical tools that enable any financial institution to design and refine benchmarks for evaluating the financial contributions of its executives. The book contains original, leading-edge contributions from the worlds leading experts in financial performance evaluation, including traders, investment professionals, bankers, economists, academics and actuaries. Contributors include leaders at Citibank, JP Morgan Chase & Co., AIG Asset Management, Morgan Stanley Dean Witter, Credit Suisse First Boston, the Federal Reserve Bank, and many other leading institutions.