by admin | Jul 29, 2010 | GIPS, Global Investment Performance Standards
Some GIPS(R) (Global Investment Performance Measurement) compliant firms are getting nervous about the upcoming requirement to use “fair value” pricing. For many, the concept is one that they historically saw no need to be concerned with, since they rely...
by admin | Jul 26, 2010 | GIPS, Global Investment Performance Standards
I think I’ve gotten a record number of comments regarding this month’s newsletter, some of which we’ll share in the August edition. One reader encouraged me to transform it into an article, which I hinted that I might do and now have support, so I...
by admin | Jul 25, 2010 | CIPM, CIPM Principles, time-weighted return
Recently, my boss David Spaulding commented regarding the origin of the term “time-weighted return.”The CIPM curriculum at the Principles Level gives a description as to the origin of the name. Unfortunately, an original source is not cited. But, I remind...
by admin | Jul 22, 2010 | Investment Performance Guy, News
I’m reviewing a client’s performance measurement system and came across an interesting example of how negative market values can wreak havoc with your reporting. What I’ll be showing aren’t exactly the numbers, but the problem is the same. We...
by admin | Jul 21, 2010 | Investment Performance Guy, News
What a blog title, huh? Anyway, you’ll soon get my point. In last night’s game against the Cleveland Indians, with men on first and second and one out, the Minnesota Twins did what they’re supposed to do: move the runners along. And so, they had...