by admin | Apr 21, 2011 | GIPS, Global Investment Performance Standards
The Global Investment Performance Standards (GIPS®) permit firms to establish a minimum account size. This minimum is intended to represent the threshold, below which accounts aren’t able to represent the composite’s strategy. While many compliant firms,...
by admin | Apr 20, 2011 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting
Of late there’s been some discussion occurring regarding pension funds (and similar entities, such as endowments, foundations, and even central banks; i.e., “asset owners”) becoming compliant with the Global Investment Performance Standards (GIPS®)....
by admin | Apr 19, 2011 | risk
You may have heard that at last week’s Masters Golf Tournament in Augusta, Georgia, young (not quite 22 years of age) Rory McIlroy was leading by four strokes after the third round, with just Sunday to play. The golf pundits expressed great confidence that Rory...
by admin | Apr 18, 2011 | Investment Performance Guy, News
While in China last week the subject of the value of rates of return came up a couple times; this inspired me to put this explanation together, which will be the first of at least three parts on this topic.
by admin | Apr 17, 2011 | base currency returns, CIPM, CIPM expert, multicurrency performance
One of the participants in last week’s webinar on CIPM Q & A asked me to explain the solution to the question #7 from the sample exam questions found on the CFA Institute’s CIPM Program page (). The vignette and question follow below: Longitudinal...
