A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager w

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answerhappygod
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A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager w

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A global equity manager is assigned to select stocks from a
universe of large stocks throughout the world. The manager will be
evaluated by comparing her returns to the return on the MSCI World
Market Portfolio, but she is free to hold stocks from various
countries in whatever proportions she finds desirable. Results for
a given month are contained in the following table:
a. Calculate the total value added of all the
manager’s decisions this period. (Do not round
intermediate calculations. Round your answer to 2 decimal places.
Negative amount should be indicated by a minus sign.)
b. Calculate the value added (or subtracted)
by her country allocation
decisions. (Do not round intermediate calculations.
Round your answer to 2 decimal places. Negative amount should be
indicated by a minus sign.)
c. Calculate the value added from her stock
selection ability within countries. (Do not round
intermediate calculations. Round your answer to 2 decimal places.
Negative amount should be indicated by a minus sign.)
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