by admin | Jul 6, 2012 | Investment Performance Guy, News
One of the topics which often results in debate is the interaction effect. Recall that in performance attribution, specifically with the “Brinson models,” we have two effects: allocation and selection. Depending on how we calculate these effects we may...
by admin | Jul 5, 2012 | Investment Performance Guy, News
A first principle is refers to “any axiom, law, or abstraction assumed and regarded as representing the highest possible degree of generalization.”Fields such as philosophy, mathematics, and physics have them. Does performance and/or risk measurement? I...
by admin | Jul 4, 2012 | Investment Performance Guy, News
It has become fashionable here in the United States to move holidays to a Monday or Friday, so as to have a three-day weekend. This has happened with Memorial Day and Veterans’ Day, for example. I was born on Veterans’ Day (what used to be Armistice Day),...
by admin | Jul 3, 2012 | GIPS, Global Investment Performance Standards, uaps, universal advisor performance standards
While a great deal of attention was paid to the U.S. Supreme Court’s decision on Obamacare this past week, another ruling should garner some interest, too: their conclusion that the 2006 Stolen Valor Act infringes on speech protected by the First Amendment. This...
