by admin | May 25, 2011 | best practice, certificate in investment performance measurement, CIPM, GIPS
The weekend Wall Street Journal rarely fails to provide me with ideas for this blog, and this past weekend was no exception, as Matt Ridley’s article titled “Inconvenient Truths About ‘Renewable’ Energy” made me think about the issue of...
by admin | May 24, 2011 | Investment Performance Guy, News
When we link money-weighted returns we get time-weighted returns, or more precisely, approximations to time-weighted returns, as discussed in today’s video.
by admin | May 19, 2011 | client reporting
I am in Philadelphia for a couple days, hosting PMAR IX. Yesterday we heard from Beth Kaiser about a CFA Institute initiative to possibly develop reporting standards for clients. I must confess that I have mixed feelings about this.There are two main concerns that I...
by admin | May 16, 2011 | Investment Performance Guy, News
Today we address subportfolio returns, and why money weighting is the appropriate way to measure them.
by admin | May 11, 2011 | asset weighting, composites, equal weighting, GIPS, Global Investment Performance Standards
I had a call yesterday with a client who wanted to know if they can show equal-weighted composites. Recall that GIPS(R) (Global Investment Performance Standards) requires composites to be asset-weighted (something which I have grown to consider perhaps not to be...
