Asset Allocation and Performance Measurement — Free Resources

Strategic and tactical asset allocation

Strategic Implementation Choices — AnalystPrep (CFA Level III): https://analystprep.com/study-notes/cfa-level-iii/strategic-implementation-choices/

Liability-driven investing

Liability-driven investment strategy — Wikipedia: https://en.wikipedia.org/wiki/Liability-driven_investment_strategy

Performance measurement (TWR vs. MWR, GIPS)

Time-weighted return — Wikipedia: https://en.wikipedia.org/wiki/Time-weighted_return

Overview of the Global Investment Performance Standards — CFA Institute: https://www.cfainstitute.org/insights/professional-learning/refresher-readings/2026/overview-of-the-global-investment-performance-standards