by admin | Mar 22, 2012 | examinations, GIPS, Global Investment Performance Standards, verification
By now, if you’re a regular (or even infrequent) reader of this blog and/or TSG’s newsletter, you know of my dislike for GIPS(R) (Global Investment Performance Standards) performance examinations. I have commented at length as to how compliance with the...
by admin | Mar 20, 2012 | attribution analysis, CIPM, CIPM Exam Tips & Tricks, CIPM formulae, CIPM formulas, CIPM Principles, performance calculations, performance measurement, rate of return calculations, risk calculations, risk measurement
I am teaching TSG’s prep class for the CIPM Principles and Expert level exams this week in Chicago, and it became apparent to me that most of the students in the class were not aware that CFA Institute has a “List of Formulas” document as part of the...
by admin | Mar 20, 2012 | Investment Performance Guy, News
I must confess that I am enjoying Daniel Kahneman’s Thinking Fast and Slow quite a bit; so much so that not only am I listening to it (via my Audible.com account) but am referencing it, too (via my Kindle download!). And so, this affords me the opportunity...
by admin | Mar 16, 2012 | Investment Performance Guy, News
I’m conducting a software certification for a client, and reviewing their documentation, which includes a statement that begins, “If you have a cumulative return…” However, they fail to define this term. And so, I will offer my thoughts....
by admin | Mar 15, 2012 | GIPS, Global Investment Performance Standards, verification
We have a GIPS(R) (Global Investment Performance Standards) verification client who uses Advent’s Axys portfolio accounting system. Most of their clients are at Schwab, and they have a direct feed from Schwab to Advent. However, they had a couple accounts...
