by admin | Nov 19, 2010 | GIPS, Global Investment Performance Standards
I got a call from another verifier who was wondering if GIPS(R) (Global Investment Performance Standards) 2010 requires firms that object to the use of annualized standard deviation to still show this measure, even though they have (a) documented why standard...
by admin | Nov 17, 2010 | Investment Performance Guy, News
I’m teaching our Fundamentals of Performance Measurement course for a client this week and have been asked some interesting questions by the students. One asked why we multiply returns in order to link them. Questions like this require, I believe, a bit of...
by admin | Nov 16, 2010 | CIPM
Does it really mean a lot if someone has a string of letters after their name, such as PhD, CFA, CIPM, CPA, CAIA, FRM,…? Well, I strongly believe that the answer is “yes”! First, each set of letters represents an achievement. They indicate that the...
by admin | Nov 10, 2010 | GIPS, Global Investment Performance Standards
Often when meeting with clients or teaching a class on the Global Investment Performance Standards (GIPS(R)), I mention the basic requirement that all actual, fee paying, discretionary accounts must be included in at least one composite. But what do these words mean?...
by admin | Nov 9, 2010 | Investment Performance Guy, News
We were recently asked by a client to come up with a list of current trends in performance measurement. In collaboration with my colleague John Simpson we propose the following: 1. GIPS 2010(R) 2. We are seeing non-traditional sectors (alternative asset classes,...
