Software costs money. This cost is pretty visible, you get an invoice from your software vendor depending on the model; one off license costs, annual support agreements, annual subscriptions, upgrades

People form habits and after a while they tend to lose focus on why they do things. They do them because they do them. Asset managers do performance measurement so they buy performance measurement. Th

In one sense there ought not to be too much discussion about the relative merits of money-weighted or time-weighted attribution, the attribution methodology must be consistent with the methodology use