by admin | Apr 15, 2011 | Investment Performance Guy, News
Last month we announced our first “mini survey.” I had planned to reference it in our March newsletter. Unfortunately, I forgot, and so we have extended the deadline to participate until May 15. Please join in as your responses will be of value, and the...
by admin | Apr 15, 2011 | CIPM, CIPM expert, HP 12C, internal rate of return, IRR, money-weighted return, MWR, TI BA II Plus
The following steps may be used to calculate internal rate of return using one of the financial calculators (HP 12C and TI BA II Plus):1. Identify all external cash flows, including beginning and ending market values, and arrange them in chronological order.2. Arrange...
by admin | Apr 14, 2011 | GIPS, Global Investment Performance Standards
I was asked an interesting GIPS(R) (Global Investment Performance Standards) question: Firm A changes its firm definition to include additional markets; must they include the history or can they simply pick up the new accounts for the expanded market as of the...
by admin | Apr 12, 2011 | Investment Performance Guy, News
I was intrigued by an interview that appeared in last weekend’s Financial Times: “Madoff spins his story.” This is the longest interview to date of the formerly well respected investor, until his record-setting Ponzi scheme was revealed.It’s...
by admin | Apr 11, 2011 | arithmetic attribution, performance attribution
Steve Campisi returns as both a “guest blogger” and “guest animator,” sharing some of his insights on the Brinson models. I’m sure you’ll find his commentary of value.
