by admin | Mar 15, 2010 | GIPS, Global Investment Performance Standards, risk, risk management
We spend a great deal of time debating the value of various risk measures, arguing, for example, whether it’s appropriate for the Global Investment Performance Standards (GIPS(R)) to require the disclosure of the 3-year annualized standard deviation or whether...
by admin | Mar 12, 2010 | Investment Performance Guy, News
The Wall Street Journal reported today that a very detailed and costly to produce (> $30 million) report on Lehman has just been published. Is this a “must read”? Perhaps not, especially given its length (2,200 pages, with the table of contents 45 pages...
by admin | Mar 10, 2010 | GIPS, Global Investment Performance Standards
I was at a client yesterday conducting a verification, and a colleague, who is quite well versed on the Global Investment Performance Standards (GIPS(R)), pointed out that the planned (1 January 2010) requirement to revalue portfolios for large external cash flows had...
by admin | Mar 9, 2010 | Investment Performance Guy, News
We’re pleased to announce that more than 1,000 “unique visitors” have visited this blog! May not sound like a lot, when we consider some sites that have tens of thousands of visitors, but our industry isn’t that big, so to get more than...
by admin | Mar 9, 2010 | GIPS, Global Investment Performance Standards
As a GIPS(R) (Global Investment Performance Standards) verifier, we get to see lots of presentations. Some firms are “lean and mean,” and only show what’s required; others toss in all kinds of verbiage which isn’t necessary. Example: including...
