Attribution reports can be hard to interpret. Typically, working out why and where a portfolio made its returns requires you to know how the market moved, how the portfolio was positioned against its benchmark, and what risks were in play – and how these factors all fit together. A conventional attribution
đŸ’¡Bond futures are widely used by investment managers as a liquid and inexpensive way to change the risk profile of fixed income portfolios. This post describes how to model bond futures in Flametree’s fixed income attribution system, FIA. A bond future is a derivative security that supplies the risk
đŸ’¡Monolithic PMAR applications are on the way out. Best-of-breed components that can be bolted together via industry-standard application programming interfaces (APIs) are the way the industry is moving. One of the innovative features of our flagship product, Flametree Attribution, is that it has a Web API. In this post I
đŸ’¡In this article, Andrew talks about the choices facing users of attribution software, cases where there’s no choice at all, and why the choices facing users should be embraced. Complexity is a fact of life - not just setting up the approach, but in handling individual securities. What is
Is it worth spending money to implement attribution? There are several ways in which an attribution capability helps a fund increase profits: * making higher returns; * generating new investment inflows, and increasing funds under management; * showing that the fund has sophisticated analysis capabilities and can handle complex market risks; * provision of