by admin | Sep 19, 2011 | internal rate of return, IRR, risk, time-weighting
Someone recently asked me what risk statistics should be used with the internal rate of return (IRR), (which, as any reader of this blog knows, is my preferred return measure). Sadly, I didn’t have an immediate reply.The plethora of risk statistics that are...
by admin | Sep 16, 2011 | Investment Performance Guy, News
By now you probably heard about a rogue trader who’s cost his employer, UBS, some $2 billion. The bank’s risk management is being questioned, and I won’t say anymore about it at this time.It so happens that another, perhaps more interesting,...
by TSG | Sep 15, 2011 | composites, GIPS, Performance Perspectives Newsletter
VOLUME 9 – ISSUE 1 September 2011 Download PDF...
by admin | Sep 14, 2011 | GIPS, Global Investment Performance Standards, verification
I stumbled upon an asset manager’s website this week, which served as a good example of some of the problems that exist within the world of firms claiming compliance with GIPS(R) (Global Investment Performance Standards).This firm apparently has undergone a...
by admin | Sep 12, 2011 | Investment Performance Guy, News
TSG (TSG) has announced that this will be the final week to participate in its 4th survey on performance attribution. Joining in is quite simple, as the survey is online and easy to access; simply go to the firm’s website and you’ll be directed to the...