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Consider the following Information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of
Consider the following Information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager's portfolio in column 1 , the fraction of the portfolio allocated to each sector in column 2 , the benchmark or neutral sector allocations in column 3 , and the returns of sector indices in column 4 . Required: a-1. What was the manager's return In the month? (Do not round Intermedlate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.) a-2. What was her overperformance or underperformance? (Do not round Intermedlate calculatlons. Input all amounts as positlve values. Round your answer to 2 decimal places.) b. What was the contribution of securlty selection to relatlve performance? (Do not round Intermedlate calculatlons. Round your answer to 2 decimal places. Negatlve amount should be Indlcated by a minus sign.) c. What was the contribution of asset allocation to relatlve performance? (Do not round Intermedlate calculations. Round your answer to 2 declmal places. Negatlve amount should be Indlcated by a minus sign.)
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