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A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing
A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the return on the MSCI World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table:
A global equity manager is assigned to select stocks from a universe 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 given 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 calculatlons. 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 decislons. (Do not round Intermedlate calculatlons. Round your answer to 2 declmal places. Negatlve amount should be indlcated by a minus sign.) Answer is complete and correct. c. Calculate the value added from her stock selectlon ability wilthin countrles. (Do not round Intermedlate calculatlons. Round your answer to 2 decimal places. Negatlve amount should be Indlcated by a minus sign.)
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