by admin | Oct 31, 2011 | risk
This past Saturday, my wife and I were driving to a wedding in Hope, NJ, which is about 75 minutes from our home. As you may have heard, New Jersey, as much of the Northeast, received a rare and rather nasty snowstorm. We didn’t know what we were in for.After...
by admin | Oct 30, 2011 | CFA Institute, CIPM, CIPM Association, CIPM Exam Tips & Tricks, CIPM expert, CIPM Principles, GIPS, performance appraisal, performance attribution, performance measurement, TSG
Most of you have already taken the exam, so now I am hoping for the best outcome for all of you.I came across this picture today, which expresses what I try to do when teaching. Hopefully I explained things in as simple a fashion as possible to those of you who...
by admin | Oct 27, 2011 | Investment Performance Guy, News
We’ve discovered a way to enhance performance, at least in the short term: if you have a portfolio begin late in the month, to make the monthly return look better, treat the return as if it was for the full month!What do we mean by this? Well, consider the...
by admin | Oct 25, 2011 | GIPS, Global Investment Performance Standards
The GIPS(R) (Global Investment Performance Standards) Q&A desk appears to have introduced a new rule:Firms may not add new accounts within a month*While I have no problem with this change, it would have been nice if it had been put forward for public comment,...
by admin | Oct 24, 2011 | Investment Performance Guy, News
#5 Using the wrong approach to measure, analyze, and report performance and riskThe good news is that there are plenty of great software packages available today, to assist firms with all aspects of their performance and risk measurement. The bad news is that...
