by admin | Feb 13, 2012 | GIPS, Global Investment Performance Standards
In a recent blog post I referenced the notion of taking into consideration the “spirit” of the GIPS(R) standards (Global Investment Performance Standards) to consider what would be permitted. Being ever mindful of the underlying “spirit”...
by admin | Feb 9, 2012 | GIPS, Global Investment Performance Standards, Reporting
The GIPS(R) Standards (Global Investment Performance Standards) require compliant firms to make every reasonable effort to provide prospects with a compliant presentation (¶ I.0.A.9); actually, not just any presentation, but the one(s) that aligns with the...
by admin | Feb 8, 2012 | client reporting, GIPS, Global Investment Performance Standards
Leave it to my friend, Philip Lawton, PhD, CFA, CIPM, to find a way to link a philosopher with client reporting. In a recent blog post, he did just that, commenting on the initiative spearheaded by Stefan Illmer, to develop client performance reporting standards...
by admin | Feb 7, 2012 | GIPS, Global Investment Performance Standards, verification
In conducting research studies, we often want to introduce a degree of randomness, to avoid the potential bias that might creep in if we select our cases directly. There are random number generators available to assist us, although many of them have been challenged...
by admin | Feb 6, 2012 | Sharpe ratio
Bill Sharpe read my recent blog post on addressing negative Sharpe ratios, and offered the following:Your blog post seems fine.About the only alternative I can offer is this:The (original) Sharpe ratio in effect compares two alternative combinations of treasury...
