by admin | Apr 14, 2011 | GIPS, Global Investment Performance Standards
I was asked an interesting GIPS(R) (Global Investment Performance Standards) question: Firm A changes its firm definition to include additional markets; must they include the history or can they simply pick up the new accounts for the expanded market as of the...
by admin | Apr 12, 2011 | Investment Performance Guy, News
I was intrigued by an interview that appeared in last weekend’s Financial Times: “Madoff spins his story.” This is the longest interview to date of the formerly well respected investor, until his record-setting Ponzi scheme was revealed.It’s...
by admin | Apr 11, 2011 | arithmetic attribution, performance attribution
Steve Campisi returns as both a “guest blogger” and “guest animator,” sharing some of his insights on the Brinson models. I’m sure you’ll find his commentary of value.
by admin | Apr 11, 2011 | annualization, CIPM, CIPM expert, CIPM Principles, exponents, geometric linking, roots
Sometimes when we are calculating returns, we need to know the meanings of roots and exponents. This may be especially true when we have to enter things on the calculator, like CIPM candidates are required to do on exams.In mathematics, the n-th root of a number x is...
by admin | Apr 8, 2011 | Investment Performance Guy, News
Please allow me to share something personal with you. I am often asked why I chose to work in investment performance measurement, and I must confess that it was anything but a grand plan. I am reading Michael Gerber’s E Myth Mastery, and came across the...