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,...
by admin | Nov 3, 2010 | Investment Performance Guy, News
Earlier this week I posted on calculating returns for employee stock purchases and promised that this would be addressed at length in this month’s newsletter. Well, our friend (and frequent commenter to this blog) sent me a note, which I want to share with you:...
by admin | Nov 2, 2010 | GIPS, Global Investment Performance Standards
We were on the phone today with a small hedge fund manager who wishes to comply with the Global Investment Performance Standards (GIPS(R)). First, we think this is GREAT, since there is clearly a trend in this segment of the market to achieve compliance. BUT, there is...
by admin | Nov 1, 2010 | value at risk
I am very pleased to announce that the NYSSA has published a brief article of mine on the Pitfalls of Value at Risk. I had written an earlier background piece on VaR for their journal, so this can be viewed as a follow-up piece. Hope you have the chance to review it,...
by admin | Nov 1, 2010 | Investment Performance Guy, News
I got an e-mail question on Friday with the following request: We have a discount stock plan at our firm. You can buy discounted stock at the end of each quarter and can sell it immediately for a 15% profit. The question arises about what your annual return would be....
