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A global equity manager is assigned to select stocks from a unlverse of large stocks throughout the world. The manager will be evaluated by comparing
A global equity manager is assigned to select stocks from a unlverse of large stocks throughout the world. The manager will be evaluated by comparing her returns to the return on the MSCI World Market Portfollo, but she is free to hold stocks from varlous countrles in whatever proportions she finds desirable. Results for a glven month are contained In the following table: Required: a. Calculate the total value added of all the manager's decisions this perlod. (Do not round Intermedlate calculations. Round your answer to 2 decimal places. Negatlve amount should be Indlcated by a minus sign.) b. Calculate the value added (or subtracted) by her country allocation decisions. (Do not round Intermedlate calculations. Round your answer to 2 decimal places. Negatlve amount should be Indlcated by a minus sign.) c. Calculate the value added from her stock selection ability within countrles. (Do not round Intermedlate calculations. Round your answer to 2 decimal places. Negative amount should be Indicated by a minus sign.)
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