Benchmarks and Investment Management. Research Foundation of CFA Institute, Charlottesville, Va., 2003.
Reprinted in its entirety in Lawton, Philip, and Todd Jankowski, eds., Investment Performance Measurement: Evaluating and Presenting Results, CFA Institute Investment Perspectives, John Wiley & Sons, Hoboken, NJ, 2008. Summarized in The CFA Digest, August 2003. Excerpts appear as Chapter 5 and as a sidebar in Chapter 6 in Steven A. Schoenfeld, editor, Active Index Investing (New York: John Wiley, 2004).1Click Here to Read the Book