by admin | Jun 5, 2010 | Investment Performance Guy, News
Peggy Noonan’s WSJ column today discusses Detroit Tigers’ pitcher Armando Galarraga’s near perfect game which was only broken up by a bad call made by umpire Jim Joyce. There were two exceptional lessons to take from that event. First,...
by admin | Jun 4, 2010 | GIPS, Global Investment Performance Standards
I have become a big fan of Malcom Gladwell and have made it through Outliers: The Story Of Success, The Tipping Point: How Little Things Can Make a Big Difference, and Blink. I’m now working on his most recent book, What the Dog Saw: And Other Adventures and...
by admin | Jun 3, 2010 | GIPS, Global Investment Performance Standards
I gave a talk today at the CFA Society of Philadelphia on GIPS(R) 2010 (Global Investment Performance Standards) and mentioned that effective January 1, 2010, compliant firms must disclose, when reporting net-of-fee returns, if model or actual fees are used. Earlier...
by admin | Jun 3, 2010 | Investment Performance Guy, News
I’m completing a report for a client who asked me to review their performance measurement system and processing. They offer their clients the option of treating flows as middle-of-day events. I strongly oppose this method. First, there’s a reduction in...
by admin | Jun 2, 2010 | GIPS, Global Investment Performance Standards
What is a glossary? Well, www.dictionary.com defines it as glos·sa·ry <a href=”https://dictionary.reference.com/audio.html/lunaWAV/G01/G0198300″ target=”_blank”><img...
