by admin | Oct 17, 2011 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, hedge funds, market-neutral strategies, Menchero, performance attribution
An Expert Level candidate sent me a question asking about the formula (shown above) for the asset allocation decision for market-neutral hedge funds, as discussed in the reading, “Performance Attribution with Short Positions” by Jose Menchero, Ph.D.In...
by admin | Oct 15, 2011 | Investment Performance Guy, News
This weekend’s WSJ has two stories, reflecting opposite views.Michael M. Phillips’ “The Old Soldier Who Didn’t Fade Away” tells the story of a 59-year old U.S. Army staff sergeant who is currently deployed in Afghanistan. He has my...
by TSG | Oct 15, 2011 | compliance, GIPS compliance, performance measurement, Performance Perspectives Newsletter, risk
VOLUME 9 – ISSUE 2 October 2011 Download PDF...
by admin | Oct 14, 2011 | GIPS, Global Investment Performance Standards, Standard Deviation
A verification client called me with the following question: they have historically calculated dispersion around the composite’s return; however, their new GIPS(R) (Global Investment Performance Standards) system measures it around the average of the accounts...
by admin | Oct 13, 2011 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, CIPM Principles, duties to employer, ethics, loyalty
A Principles Level candidate asked me for an interpretation of the following ethics related question from one of the practice exams:Angela Schneider, an equity analyst at Isotonic Asset Management, joins the board of trustees of the Lightship Foundation, a large...