by admin | Jan 25, 2011 | M-squared, risk, Standard Deviation, tracking error
I was teaching our Fundamentals of Performance Measurement course yesterday and came upon a metaphor to use to justify the need for multiple views on risk: John Godfrey Saxe’s poem about the blind men and the elephant. You are no doubt familiar with the story,...
by admin | Jan 21, 2011 | Investment Performance Guy, News
Our second “guest blogger” for the year is Carl Bacon, CIPM. Carl is the chairman of Statpro, an internationally recognized authority on performance measurement and risk, an author, a consultant, and currently a member of the GIPS Executive Committee and...
by admin | Jan 20, 2011 | GIPS, Global Investment Performance Standards
Last week I mentioned that I had been asked to submit an item for Statpro’s blog. Because of my “long windedness” it was broken into two parts and the second one is now up! It addresses the recent changes to GIPS(R) (Global Investment Performance...
by admin | Jan 19, 2011 | GIPS, Global Investment Performance Standards
GIPS(R) (Global Investment Performance Standards) verification clients often ask what they need if one of their clients asks them to make changes to their account; for example, if their client asks them to increase the amount of cash they have.Ideally, the manager...
by admin | Jan 16, 2011 | Investment Performance Guy, News
In this weekend’s Wall Street Journal there’s an article by Roger Kimball about John Gross, who recently passed away. Don’t know John Gross? You’re not alone: he was an anthologist, editor, reviewer, and apparently much more. And, he had an...
