Considering the following information regarding the performance of a portfolio manager in a recent quarter, (i) identify the Alpha of the manager's portfolio compared to benchmark (ii) identify the contributions of asset allocation and security selection to relative performance. Manager's Manager's Benchmark Benchmark Return Weight weight Return Stocks 1% 0.50 0.30 2% Bonds 2% 0.30 0.30 1.5% Treasury bills 0.75% 0.20 0.40 0.5%