Configure the Global Attribution Group for Menchero or Carino Smoothing

Eagle's performance attribution component has built the Brinson-Fachler model into its Global Attribution Group field. This group field provides support for both single currency and multicurrency attribution analysis.
This example assumes you are configuring the Global Attribution Group field to perform smoothing using the Menchero or Carino arithmetic algorithm or the Carino geometric algorithm. Otherwise, if you are using Eagle's geometric approach that does not use smoothing, see Geometric Attribution Method configuration examples.
To configure the Global Attribution Group for Menchero or Carino smoothing:

1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
2. Enter Reporting in the Start Search text box and click the General Reporting (Performance Center) link.
3. You see the Performance Center with the General Reporting workspace.

Figure 3: General Reporting Workspace

1. Expand the Fields folder, expand the Custom folder, and click Global Attribution Group.

You see a list of Global Attribution Groups.

Global Attribution Group Field

1. Right-click your mouse and select New from the pop-up menu. Or click New on the toolbar.

You see the Creating Global Attribution Group dialog box.

Creating Global Attribution Group Dialog Box – Analysis Tab

1. Click Brinson-Fachler and click Next.

You see the Creating Global Attribution Group dialog box options tab.

Creating Global Attribution Group Dialog Box ─ Options Tab

1. Complete the fields on the Options tab For more information, see Create Global Attribution Group Dialog Box Options.
2. Click Done.
3. Click in the empty cell to the right of the Options & Field Map Field option.

You see the Field Map Selector dialog box.

Field Map Selector Dialog Box

1. Select BF Options & Field Map from the Custom folder and click New.

You see the Creating Brinson and Fachler Options & Field Map Field dialog box.

Creating Brinson-Fachler Options & Field Map Field Dialog Box ─ Options Tab

1. Complete the fields on the Options tab. For more information, see Create Brinson and Fachler Options - Menchero or Carino Method.
2. Click Next.

The Fields tab is displayed. This dialog box is used to specify the inputs to the attribution calculations.

Creating Brinson-Fachler Options and Field Map Field Dialog Box ─ Fields Tab

1. Complete the fields on the Fields tab.

To complete the fields on the Fields tab, click in the Fields column. You see the Field Selector dialog box.

Creating Brinson-Fachler Options and Field Map Field Dialog Box ─ Fields Tab ─ Field Selector Dialog Box
The Performance folder on the Field Map Selector dialog box points to possible fields containing the segment level data for the portfolio and the benchmark. These fields map data to the data columns in the PERF_SEC_RETURNS table in the PERFORM database. You can select an existing field from the list, or click New to display the New Regular Field dialog box and create a new field. Complete a mapping for all of the fields on the Fields tab and click Finish. You have created the Brinson-Fachler Field Map.
Click Finish.You see the Creating a Global Attribution Group dialog box Options tab.

Creating Global Attribution Group Dialog Box ─ Options Tab ─ Field Selector Dialog Box

1. Select the Brinson-Fachler Field Map field you created from the Field Selector dialog box and click the Effects tab on the Creating Global Attribution Group dialog box.

You see the Effects tab.

Creating Global Attribution Group Dialog Box ─ Effects Tab

1. Click the Effects drop down list.

You see the Inputs and Outputs Field Selector dialog box.

Creating Global Attribution Group Dialog Box ─ Effects Tab ─ Inputs and Outputs Field Selector Dialog Box

1. Check the box of each effect you want to display on the Brinson-Fachler attribution report.

Inputs are data inputs used in the analysis. Outputs are the results of the analysis.
For more information, see Global Attribution Group Inputs/Outputs and Effects.
The Base Return Fund and Base Return Index inputs and outputs and Base Return Fund In-Out Difference and Base Return Index In-Out Difference outputs can help you identify any inconsistencies in performance data at the various attribution levels.

1. Click Done.

The Effects tab displays the field attributes you have selected.

Creating Global Attribution Group Dialog Box ─ Effects Tab
The Save Field as column displays the default names of the fields. You can change the default names by clicking in the text box and entering a new name.

1. Click Finish.

If you did not specify a field option, you are prompted to map the group field to a report type. Click Yes to display the Field Options drop down list. Check Performance Analysis.
You have created a Global Attribution Group. You see the new group field on the Components tab.