The assignment content discusses a student's portfolio performance measurements, including their original portfolio strategy and its evolution over time. The student invested in stocks listed on the NZX, with a focus on trade-related industries and Fonterra, anticipating benefits from the TPP. They also diversified into foreign markets and hedged against recession by investing in McDonald's. The student's portfolio returned $25,000, with an annualized net return of 26%. The assignment also touches on various performance metrics, including information ratio, beta, Jensen's Alpha, and Treynor ratio.