by admin | May 11, 2011 | asset weighting, composites, equal weighting, GIPS, Global Investment Performance Standards
I had a call yesterday with a client who wanted to know if they can show equal-weighted composites. Recall that GIPS(R) (Global Investment Performance Standards) requires composites to be asset-weighted (something which I have grown to consider perhaps not to be...
by admin | May 9, 2011 | money-weighting, rates of return, time-weighting
Today’s animation discusses the fairly common situation, where a portfolio loses money but has a positive return.
by admin | May 4, 2011 | GIPS, Global Investment Performance Standards
If you recall, when we transitioned from the 1999 to the 2005 edition of GIPS(R) (Global Investment Performance Standards), firms were permitted to do so slowly if they wanted; that is, they could adopt parts of it in advance of adopting all of it. The standards had...
by admin | May 3, 2011 | fixed income attribution
A client recently asked me what the trend is regarding “building” fixed income attribution systems and what some of the “best practices” are for these systems.First, as to the trend, I would say it is to buy not build these systems, as there...
by admin | May 2, 2011 | Investment Performance Guy, News
Today’s post is different than usual, as it’s a celebration of the accomplishment of a goal that America has unanimously supported.