![cityscape-blue-black](/-/media/images/hero/StandardPage-Hero-Images/cityscape-blue-black.jpg?w=2560&hash=5CF331B98CAB77D441EF944F06E4BEDE)
Performance Measurement and Attribution
![hands-holding-screen-meeting](/-/media/images/cards/Lifestyle-and-Graphic/hands-holding-screen-meeting.jpg?h=332&w=664&la=en&hash=E1A7F0D566A4390498814654EE537B4E)
Performance measurement and attribution aim to measure portfolio performance and identify the sources of that performance. Understanding the drivers of risk and return in a portfolio is a critical part of the investment management process as well as an informative tool for evaluating whether a manager’s performance is due to luck, style drift, or skill. On this page, we provide an array of performance measurement and attribution topics and additional resources for deepening your expertise.
![equity-income-investing-redux](/-/media/images/cards/blogs/2024/equity-income-investing-redux.jpg?h=389&w=664&la=en&hash=DA61F49D57859BEC117910969C9C9AB2)
Nonlinear Factor Returns in the US Equity Market
![sustainability esg climate](/-/media/images/cards/new-brand-landscape/windmills-along-water.jpg?h=442&w=664&la=en&hash=ED3A389C438CD527E8E5502EDD468E74)
ESG Investment Outcomes, Performance Evaluation, and Attribution
![https://rpc.cfainstitute.org/en/blogpage#q=d062ab2c4745f64d8f24f6f2bc094d66bfebd26d0ad453cb17bccbd552c3](/-/media/images/cards/blogs/Monte-Carlo-Simulations-Forecasting-Folly.jpg?h=406&w=664&la=en&hash=113EB0DBE3F5978EEFCEBBE62F9B7A46)
Monte Carlo Simulations: Forecasting Folly?
![Private-Equity-Five-Lessons-from-the-Global-Financial-Crisis](/-/media/images/cards/blogs/Private-Equity-Five-Lessons-from-the-Global-Financial-Crisis.jpg?h=406&w=664&la=en&hash=C76E11B61040DF9177D64D1267A0A89A)
Private Equity Performance around the World
![man-holding-tablet-graphs](/-/media/images/cards/Lifestyle-and-Graphic/man-holding-tablet-graphs.jpg?h=392&w=664&la=en&hash=E80A412EA9DEB6294B0DCB9CCFB51B10)
Performance Attribution: History and Progress
![](/-/media/images/cards/blogs/How-Firms-Treat-Errors-in-Investment-Performance-940x575.png?h=406&w=664&la=en&hash=10FDD2BA679749FA178F24A241073CEE)
How Do Firms Treat Errors in Investment Performance?
![abstract-purple-blue-universe](/-/media/images/cards/Abstract/abstract-purple-blue-universe.jpg?h=442&w=664&la=en&hash=266DD071929D0C800154BEB62CE44EA6)
Risk-Adjusted Performance Measures
![financial-business-reports](/-/media/images/cards/Lifestyle-and-Graphic/financial-business-reports.jpg?h=442&w=664&la=en&hash=2C3DC12F59FB00B8F8C727868E4CF5EF)