Macro Attribution Analysis

[hendriar14]

Reading 32 LOS l. states “demonstrate and contrast” the use of macro and …..
It doesn’t say anything about calculating anything like in micro, but in the CFAI readings it has different formulas for macro and I’ve come across different questions in my study materials that have you calulate different macro returns for asset categories, benchmarks, Investment managers, etc.. Do you think we’ll need to do this on the actual exam? I’m assuming any questions on maro will be qualitative in nature? Thoughts? Thanks.

 

[daharmattan1]

Yeah, it’s an open question. I think your instincts are right–macro is more about the conceptual and you’re almost assured to get a calculation based question around micro attribution

 

[S666]

Yeah one of the online CFAI topic tests for performance evaluation has a macro attribution based question. Got 6/6 but took me a second to rewire my brain to the macro side of things…