by admin | Jan 31, 2011 | GIPS, Global Investment Performance Standards
I have always enjoyed history; so much so that when I went to college there were only two subjects I considered majoring in: math and history. I chose math because I thought there were greater prospects for jobs with this major, though I have continued to support my...
by admin | Jan 28, 2011 | Investment Performance Guy, News
I thank Todd Brunskill from First Rate for bringing this paper to my attention via Linkedin: some interesting quotes with commentary by CFA Institute’s Director, Investor Education, Thomas Collimore. It’s clever, humorous, memorable and insightful. I think...
by admin | Jan 27, 2011 | Investment Performance Guy, News
Is my title strong enough? Perhaps not, but it’s all I have right now. It is in response to an online article I stumbled upon that strongly encourages investors to ask for, believe it or not, time-weighted returns! The article, by Doug May and titled “Five...
by admin | Jan 26, 2011 | GIPS, Global Investment Performance Standards, verification
One of our GIPS(R) (Global Investment Performance Standards) verification clients recently mentioned that they may be under pressure to move to quarterly verifications. I found this of great interest, because we, and most other verification firms, recommend annual...
by admin | Jan 25, 2011 | M-squared, risk, Standard Deviation, tracking error
I was teaching our Fundamentals of Performance Measurement course yesterday and came upon a metaphor to use to justify the need for multiple views on risk: John Godfrey Saxe’s poem about the blind men and the elephant. You are no doubt familiar with the story,...
