by admin | Apr 9, 2012 | CIPM, CIPM exam prep, CIPM Exam Tips & Tricks, CIPM Principles, CIPM sample questions, private equity, real estate
A Principles level candidate sent me the following question:Hi John,The CFA institute website has 15 sample questions for the principles exam on their website for anyone considering the program at the below link. Question 14 asks about GIPS private equity valuation...
by admin | Apr 8, 2012 | base currency returns, CIPM, CIPM Exam Tips & Tricks, CIPM expert, local currency returns, multicurrency performance measurement, rate of return calculations, return compounding
In a previous blog post, I covered the answers to two CIPM Expert Level sample exam questions, specifically, #5 and #6. One current Expert Level candidate asked me to elaborate on the answer, asking which formula(e) in the curriculum could be used to...
by admin | Apr 4, 2012 | GIPS, Global Investment Performance Standards
One of the problems with our industry is that we often use the same word to mean multiple things (e.g., “alpha” can mean excess return (portfolio return minus benchmark return) and Jensen’s alpha, which takes beta into consideration), and...
by admin | Apr 3, 2012 | Investment Performance Guy, News
In the March 27, 2012 issue of the WSJ, Dan Fitzpatrick and Victoria McGrane discussed how large banks who released “stress test” results are being questioned by the Federal Reserve on the approaches they took to derive their results (“Banks Stress...
