by admin | Apr 27, 2011 | GIPS, Global Investment Performance Standards
I was contacted earlier this week by a client who was dealing with a situation where one of their clients had requested them to raise a sizable amount of cash, for the ultimate purpose of investing it into a new strategy, while keeping the balance of their portfolio...
by admin | Apr 26, 2011 | error correction, GIPS, Global Investment Performance Standards
The revised GIPS(R) (Global Investment Performance Standards) Error Correction Guidance Statement provides clarity over the earlier version, though I suspect that many individuals whose firm claims compliance with the Standards haven’t read it (but should!)....
by admin | Apr 21, 2011 | GIPS, Global Investment Performance Standards
The Global Investment Performance Standards (GIPS®) permit firms to establish a minimum account size. This minimum is intended to represent the threshold, below which accounts aren’t able to represent the composite’s strategy. While many compliant firms,...
by admin | Apr 20, 2011 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting
Of late there’s been some discussion occurring regarding pension funds (and similar entities, such as endowments, foundations, and even central banks; i.e., “asset owners”) becoming compliant with the Global Investment Performance Standards (GIPS®)....
by admin | Apr 14, 2011 | GIPS, Global Investment Performance Standards
I was asked an interesting GIPS(R) (Global Investment Performance Standards) question: Firm A changes its firm definition to include additional markets; must they include the history or can they simply pick up the new accounts for the expanded market as of the...
by admin | Apr 2, 2011 | CIPM, CIPM expert, CIPM Principles, GIPS, Modified BAI, Modified IRR
Over the last couple of weeks, I have been teaching our prep courses for the CIPM exams. While teaching the Principles Level course, I came across a sentence that caused some confusion:”The Modified IRR method is another estimation approach acceptable prior to 1...