There are two basic forms of performance attribution, micro and macro attribution. Which of the following statements about the two approaches is most accurate?
|
Macro Performance |
Micro Performance |
A.
At investment manager level,
rate-of-return metric only |
At fund sponsor level,
rate-of-return metric |
B.
At fund sponsor level,
rate-of-return and value metric |
At investment manager level,
rate-of-return and value metric |
C.
At fund sponsor level,
rate-of-return metric only |
At investment manager level,
rate-of-return metric only |
|
