by admin | Aug 1, 2011 | Investment Performance Guy, News
One website I frequently visit is Fox News’ site. Since I’ve given up watching news on TV, my primary sources for news today are the WSJ, Bloomberg’s website, and this one. The Fox News site often has what might be called “human interest”...
by admin | Jul 27, 2011 | performance attribution
I was recently introduced to a new word, which if truth be known, I wish I hadn’t. But given that it’s an interesting word, I can see some applicability in our world of performance measurement.Idiopathic means “without a known cause.” My...
by admin | Jul 26, 2011 | examinations, GIPS, Global Investment Performance Standards
Yesterday’s WSJ carried an interesting op-ed piece (“SEC Smackdown”) regarding the U.S. Securities & Exchange Commission’s attempt to alter the way committees are voted on, an idea that was called “unutterably mindless” by the D.C. (District of Columbia)...
by admin | Jul 25, 2011 | examinations, GIPS, Global Investment Performance Standards, verification
In preparing for today’s webinar on GIPS(R) (Global Investment Performance Standards) Performance Examinations, I constructed, what I believe to be, the first graphical depiction of the confusing history of verification:A brief explanation is in order:First, we...
by admin | Jul 22, 2011 | error correction, GIPS, Global Investment Performance Standards
As of January 1, 2010, any firm claiming compliance with the GIPS(R) standards (Global Investment Performance Standards) must have a documented error correction policy. The policy that the firm comes up with should cover all aspects of their compliant presentations,...
