by admin | Jun 13, 2011 | Investment Performance Guy, News
I stumbled upon an article I had saved from The Wall Street Journal, April 24, 2006 issue titled “Alphabet Soup,” by Karen Hube. The subtitle reads “Financial advisors are adding more titles to their business cards. Do any of these labels really...
by admin | Jun 10, 2011 | GIPS, Global Investment Performance Standards
The GIPS 2010 Exposure Draft sought to obtain a consensus to build a case to establish sunset provisions for certain required disclosures (e.g., name or strategy changes to composites) for GIPS(R) (Global Investment Performance Standards). And we are aware that some...
by admin | Jun 9, 2011 | attribution, currency
In yesterday’s Wall Street Journal, the editorial writer Holman W. Jenkins, Jr. wrote a piece about Goldman Sachs, explaining how they, and their chairman, Lloyd Blankfein, are being vindicated, as the SEC’s attempt to shift attention from their (the...
by admin | Jun 8, 2011 | GIPS, Global Investment Performance Standards
There was an editorial (The Light Bulb Police) in yesterday’s Wall Street Journal that spoke of the upcoming ban in the U.S. on conventional 100 watt incandescent light bulbs. One sentence in particular grabbed my attention: “The question an (allegedly)...
by admin | Jun 6, 2011 | Investment Performance Guy, News
In his weekend column for The Wall Street Journal, Jason Zweig points out a method that some advisors have apparently used to outperform (or at least increase their chances of outperforming) their benchmark: simply calculate the return of the index without taking...