by admin | May 7, 2010 | Investment Performance Guy, News
I got an e-mail from a software vendor client who wanted to know what the “standard” is regarding period reporting of benchmark returns. It seems they have a client who wants to see 3 1/2 year benchmark performance (because their portfolio is for 3 1/2...
by admin | May 6, 2010 | GIPS, Global Investment Performance Standards
I was in London this week and reminded about how two words associated with the Global Investment Performance Standards (GIPS(R)) each have two distinctively different pronciations: GIPS: The abbreviation for the standards, which is a word because it’s an acronym...
by admin | May 4, 2010 | Investment Performance Guy, News
A client called yesterday asking about annualizing yield to maturity (YTM). Can this be done and if so, how? One should recall that the Yield to Maturity of a bond is calculated by using the internal rate of return, thus YTM = IRR. IRR is often expressed across a...
by admin | May 3, 2010 | GIPS, Global Investment Performance Standards
One aspect of the Global Investment Performance Standards (GIPS(R)) which can be a challenge to deal with is to identify who the client is. While this may seem to be a “no brainer,” it isn’t always. Let’s consider mutual funds. Are the...
