Analysing attribution

Our method involves capturing the impact of each investment decision, including every trade and holding on a daily basis, so that you can fully explain how performance is being generated and identify the skills that lie behind it.

The analysis is in two parts:
• a highly sophisticated stock level attribution analysis, which is then aggregated to the sector and regional level
• an analysis of manager skill based on our proprietary analysis of timing decisions and of how investment convictions generate alpha

The conventional part

This is based on our proprietary daily stock level attribution engine that shows precisely how performance is being built up by each decision.

• The stock level attribution is trade-adjusted on a daily basis
• Sector and regional effects are built up from their constituents
• Multiple time periods are provided and each new period is added to the database and used for analysis
• The tables are designed to provide all the attribution numbers, and also serve as a framework to drill down to additional levels of information
• All the information is presented graphically, providing access to the most granular level of detail