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John is a fund manager and achieved the following performance in a recent month. Assets Actual Actual Benchmark Index Return Return(%) Weight(% Weight Stocks 2
John is a fund manager and achieved the following performance in a recent month. Assets Actual Actual Benchmark Index Return Return(%) Weight(% Weight Stocks 2 75 65 2.5 Bonds 1 20 25 1.2 Cash 0.5 5 10 0.5 (a) What was John's relative return performance as a fund manager in the month with respect to the benchmark portfolio? (b) What was John's contribution of security selection to the relative performance? (c) What was John's contribution of asset allocation to the relative performance
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