by admin | Feb 9, 2010 | GIPS, Global Investment Performance Standards
We learned that one cannot necessarily be an early adopter of the new edition of GIPS. If you want to add items (e.g., the soon-to-be-requirement to have a 3-year annualized standard deviation or the statement about your status vis-à-vis verification), that’s...
by admin | Feb 8, 2010 | GIPS, Global Investment Performance Standards
We’re in discussions with a new GIPS (R) (Global Investment Performance Standards) verification client, which is a “lift out” from a prior firm. In reviewing their organizational makeup, some staffing questions arose for which there don’t...
by admin | Feb 7, 2010 | GIPS, Global Investment Performance Standards
Today marks the 99th anniversary of Ronald Reagan’s birth. And so it’s fitting to recall one of his signature lines: “trust, but verify” (the Russian version is in this entry’s title). Perhaps it’s a coincidence that Jason Zweig...
by admin | Feb 6, 2010 | value at risk
“Mexican Deputy Finance Minister Alejandro Werner said the government will announce in coming weeks a change in risk-management regulations for pension funds to help ease the effect of market volatility on investments. “‘Current value-at-risk...
by admin | Feb 4, 2010 | GIPS, Global Investment Performance Standards
Within the Global Investment Performance Standards (GIPS(R)), recommendations are to be considered “best practice.” But what exactly IS “best practice?” I did a quick Google search and found some interesting definitions: The practice that...
