Investment control

Investment control or investment controlling is a monitoring function within asset management, portfolio management or investment management. It is concerned with independently supervising and monitoring the quality of asset management accounts with the aim of ensuring performance and quality in order to provide the required benefit for the asset management client. Dependent on setup, investment controlling not only encompasses controlling activities but also can include areas from compliance to performance review. Investment controlling aspects can also be taken into consideration by asset management clients or investment advisers/consultants and consequently it is likely that these stakeholders also run certain investment controlling activities.

Further reading

On performance measurement and attribution:

• Carl R. Bacon (2008). Practical Portfolio Performance Measurement and Attribution . The Wiley Finance Series. John Wiley & Sons
• Andreas Bickel (2000). Moderne Performance-Analyse und Performance Presentation Standards (in German). P. Haupt
• Bruce J. Feibel (2003). Investment Performance Measurement . John Wiley and Sons
• Bernd Fischer (2001). Performanceanalyse in der Praxis (in German). Oldenbourg Wissenschaftsverlag
• Todd Jankowski and Philip Lawton (2009). Investment Performance Measurement: Evaluating and Presenting Results . John Wiley and Sons
• David Spaulding (2003). Investment performance attribution: a guide to what it is, how to calculate it, and how to use it . McGraw-Hill Professional

Articles on investment controlling

No text books on investment controlling are available thus general literature on controlling, risk management and compliance may be considered as a substitute.

• Philippe Grégoire (2010): Performance Attribution as a Management Control System,
• Stefan Illmer (1997): Controlling im Portfolio Management (in German),
• Stefan Illmer (2000): Controlling – Eine grosse Herausforderung für das Real Estate Management (in German).

See also

• Fixed income attribution
• Investment management
• Performance attribution
• Portfolio (finance)

External links

• GIPS Standards
• Real Estate Information Standard
• CIPM Program