by admin | Dec 13, 2010 | risk, risk management
You’ve no doubt heard the expression about the weather and no one doing anything about it. Well, we could apply the same idea to information, especially regarding risk, and how firms measure and manage it. There is great interest in understanding what firms are...
by admin | Dec 11, 2010 | Investment Performance Guy, News
Performance attribution seeks to identify how a manager’s decisions contribute to their returns; and while there is sometimes controversy about using at a model that analyzes things separate from these decisions, there can often be benefits as a result of seeing...
by admin | Dec 10, 2010 | Investment Performance Guy, News
Over the past 14 years I’ve conducted numerous interviews for The Journal of Performance Measurement(R); these have always been great moments and have allowed me to meet some very interesting folks. I was honored when IPA asked to interview me. Please check it...
by admin | Dec 9, 2010 | Investment Performance Guy, News
I was called for jury duty and served today. My wife told me that I wasn’t permitted to bring my PC with me, so I left it home. I learned after arriving that she was wrong (this time; she’s usually right); they even had free wireless!; and so was pc-less...
by admin | Dec 8, 2010 | benchmarks
I recently discussed why we multiply our returns (plus one) when we compound. And I’ve written about the challenge with dealing with fees. But today I want to discuss handling “hurdle rates” in our indexes. Let’s say that your mandate is to...
