by admin | Feb 28, 2011 | Investment Performance Guy, News
It’s Animation Monday, and today we have a brief explanation as to the key differences between time- and money-weighting. It’s funny that these differences aren’t understood by even the most senior of PMPs (performance measurement professionals). I...
by admin | Feb 25, 2011 | animation, CIPM
We thought it would be helpful to introduce this video, which provides an overview of the Certificate in Investment Performance Measurement (CIPM) program. We support the program and encourage all performance measurement professionals to pursue it. If you won’t,...
by admin | Feb 25, 2011 | GIPS, Global Investment Performance Standards
This matter came up recently with one of our GIPS(R) (Global Investment Performance Standards) verification clients, and is worthy of some discussion.What is a balanced account? I would say the characteristics are basically three:It’s an account that invests in...
by admin | Feb 24, 2011 | Investment Performance Guy, News
One of the books I was assigned in my doctoral program is William H. Starbuck’s The Production of Knowledge, which I thoroughly enjoyed and highly recommend. It can be viewed as a softer criticism of the idea of predicting the future than Nassim Taleb’s...
by admin | Feb 23, 2011 | cash flows, rates of return
A colleague sent us a note recently inquiring about the proper treatment of accounts that have dividends reinvested; that is, how the flows are to be handled from a return perspective. The essential question is “should the money flowing into the account, to...