by David Spaulding | Jul 21, 2016 | Investment Performance Guy
I think one challenge a lot of folks have is calculating cash returns. The problem stems from the intra-day flows that typically occur, from trades, contributions, withdrawals, income, FX transactions, etc. We recently had a conversation with a software vendor who is...
by TSG | Jul 21, 2016 | Performance Perspectives Newsletter, risk-adjusted return
VOLUME 13 – ISSUE 6 July 2016 Download PDF...
by David Spaulding | Jul 20, 2016 | Investment Performance Guy, rate of return calculations, rates of return
A client asked us to construct a one-day class dedicated to rates of return. Unfortunately, we had to cancel. But, it took me hours, and hours, and hours (actually, more like days, and days, and days) to put it together. And rather than just forget about it, we...
by David Spaulding | Jul 14, 2016 | performance measurement, Global Investment Performance Standards, Investment Performance, Investment Performance Guy, performance attribution, return measurement, Training
Almost ten years ago, 25 investment professionals gathered in New Brunswick, NJ for an intensive week of performance measurement training at the first ever Performance Measurement Boot Camp. And while demand for this class has never gone away, we just didn’t...
by David Spaulding | Jul 11, 2016 | geometric attribution, arithmetic attribution, attribution, Investment Performance Guy
My friend, occasional sparring partner, Statpro chairman, and recently inducted member to the Performance & Risk Measurement Hall of Fame, Carl Bacon, CIPM and I recently engaged in a brief exchange via blog messages regarding the presence of residuals in...