by admin | Dec 14, 2009 | risk, value at risk
I subscribe to a few Google Alerts, so that I’m aware when interesting stories are posted. One is for Value at Risk, and yesterday there was a link to a book by Philippe Jorion with the headline as noted above. “The new benchmark for managing financial...
by admin | Dec 14, 2009 | Investment Performance Guy, News
With the U.S. Congress’s plans to tinker with our current financial structure, including a weakening, or at least shifting, of the Federal Reserve’s powers, one might expect someone to utter such a line as is shown above. Actually, this was spoken by...
by admin | Dec 12, 2009 | risk
As I recently mentioned, occasionally I go exploring to look at other blogs. And I came across Steve Hsu’s blog. And although Steve is a physics professor at the University of Oregon, he feels comfortable to opine on the investment industry. (Recall that Jose...
by admin | Dec 11, 2009 | GIPS, Global Investment Performance Standards, Returns
Here, I’m addressing cash flows from a return calculation perspective. First, recall that in two weeks we’ll have a requirement for GIPS(R) compliant firms to revalue portfolios for large cash flows, where the firm decides what “large”...
by admin | Dec 10, 2009 | cash flows, GIPS, Global Investment Performance Standards
Perhaps it’s partly because “significant” and “large” can be viewed synonymously that we find confusion regarding how firms can handle these within GIPS(R). One of our clients was clearly thinking that “significant” means the...
