by admin | Oct 22, 2011 | CIPM, CIPM Exam Tips & Tricks, CIPM Principles, macro attribution, plan sponsor attribution
One of the challenges for Principles Level students is dealing with the Macro Attribution model. This model for attribution measures several decisions that a fund sponsor can take to grow its fund. Because of the number of formulae involved, it seems...
by admin | Oct 21, 2011 | examinations, GIPS, Global Investment Performance Standards, verification
#4 GIPS Performance ExaminationsWe have always been big supporters of GIPS(R) (Global Investment Performance Standards) verifications: given the Standards’ complexity, it is very easy for firms to make mistakes.At one time it was expected that verifications...
by admin | Oct 20, 2011 | Investment Performance Guy, News
#3 Not training your staffEntrepreneur magazine cited lack of staff training as one of the top reasons companies fail. As consultants to many types of firms (e.g., asset managers, custodians, software vendors, pension funds, endowments), we often encounter cases where...
by admin | Oct 19, 2011 | GIPS, Global Investment Performance Standards
#2 Using spreadsheets to maintain your GIPS compositesTSG began surveying the industry on the presentation standards (initially the AIMR-PPS(R); later GIPS(R) (Global Investment Performance Standards)) in 1994, and we’ve done it several times since then. We have...
by admin | Oct 18, 2011 | GIPS, Global Investment Performance Standards
Let’s start with a joke: As a salesman approaches a farmhouse door, he notices a three-legged pig hobbling about on the front porch. The salesman knocks on the door and is greeted by the farmer. Before making his pitch he asks “what happened to this...