by admin | Mar 8, 2010 | GIPS, Global Investment Performance Standards, risk
Money Management Letter offered the following regarding the revised Global Investment Performance Standards (GIPS(R)) which will go into effect next January: “The CFA Institute has placed a heavy emphasis on risk disclosure in its revised Global Investment...
by admin | Mar 4, 2010 | attribution, GIPS, Global Investment Performance Standards
I just got off the phone with a verification client who wanted to discuss attribution and the requirements of the Global Investment Performance Standards (GIPS(R)). Many firms want to include attribution in their marketing materials, and this is great! It provides the...
by admin | Mar 3, 2010 | rates of return
We recently received an inquiry from a client regarding netting of advisory fees: If an annual fee schedule is 60bps after you link the returns for 1 year it looks like returns were reduced by 88bps. I know is because we are linking and not adding or subtracting but...
by admin | Mar 3, 2010 | Investment Performance Guy, News
She’s done it again! I enjoy reading Susan Weiner’s blog because (a) I like to write and (b) she introduces some neat ideas. In yesterday’s post she introduces us to a way to shorten our URLs, through a service called TinyURL.com. I just tried it and...
by admin | Mar 3, 2010 | GIPS, Global Investment Performance Standards
I got a call earlier today from a California-based investment consultant who is wrestling with a problem and wanted to know if there were any rules available. Here’s the scenario: One of their client’s managers subadvises the actual investing for a...
