by admin | Jan 14, 2011 | Modigliani, risk
Bruce Feibel, author of Investment Performance Measurement, spoke at the Performance Measurement Forum’s North America chapter’s Fall meeting on the topic of risk. I was quite pleased when he expressed his support for the risk-adjusted measure, M-squared,...
by admin | Jan 12, 2011 | GIPS, Global Investment Performance Standards
The new edition of GIPS(R) (Global Investment Performance Standards) has a shift from “market” to “fair” value, and even comes with a recommended hierarchy for firms to utilize. But even without this move, or even if all of the securities you...
by admin | Jan 11, 2011 | Investment Performance Guy, News
Earlier this month I mentioned that we would begin to host “guest bloggers.”Well, I was asked to be a guest blogger for Statpro’s blog, and the first part of my post appears today (the second will appear on Thursday)! The post deals with the GIPS(R)...
by admin | Jan 11, 2011 | GIPS, Global Investment Performance Standards, IRR, money-weighting, time-weighting
A client asked about the “general landscape among financial companies in terms of usage of different performance engines/performance calculations.” Specifically whether true daily or Modified Dietz is prevalent when it comes to portfolio and security level...
by admin | Jan 10, 2011 | GIPS, Global Investment Performance Standards
In Friday’s post I mentioned how there is confusion regarding when firms need to comply with the Global Investment Performance Standards (GIPS(R)) 2010 edition. I mentioned how you aren’t obligated to comply until you begin to report on your 2011 numbers....
