by admin | Nov 30, 2011 | Investment Performance Guy, News
One of our clients sent us a note recently, which stated that one of their clients told them there is a “standard to report alternative investments as net-of-fee, and to combine these with gross-of-fee returns.” This “standard” apparently is...
by admin | Nov 28, 2011 | hedge funds
Last week I had a call from a client who said that the returns they calculate don’t match those provided by the hedge fund. How can this be?Hedge fund performance should be pretty easy to handle: once we have the monthly valuations, cash flows are typically...
by admin | Nov 23, 2011 | Investment Performance Guy, News
My son, Douglas, gave me Rules of Civility by Amor Towles for my birthday. And while I don’t often read novels, the review in the WSJ painted it as a book I should read (it likened it to The Great Gatsby, and after finishing it I can see why). Given that...
by admin | Nov 21, 2011 | error correction, GIPS, Global Investment Performance Standards
Here’s an opportunity to gain some insights into the proper way to construct your policy. (If you claim compliance with the Global Investment Performance Standards (GIPS(R)), you are required to have a written policy!).Join me on Monday, December 5, from 11 AM...
by admin | Nov 18, 2011 | Investment Performance Guy, News
When I was an undergrad math major at Temple University, roughly 40 years ago, a professor, who was teaching a Numbers Theory course, mentioned that there were three things mathematicians should always remember: the Pythagorean Theorem, Fermat’s Last Equation,...
