by admin | Jan 7, 2011 | GIPS, Global Investment Performance Standards
It is becoming increasingly obvious that there is still confusion regarding GIPS(R) 2010, which went into effect on January 1, 2011; just yesterday I got a call from a verification client who wanted to make sure she was fully prepared for my upcoming visit. Any firm...
by admin | Jan 6, 2011 | attribution, performance attribution, private equity
I’ll be teaching a class for a client later this month who asked for some specific topics to be included, one of which is private equity attribution. The challenges with private equity are: They typically don’t have indexes, so we can’t use relative...
by admin | Jan 5, 2011 | attribution, performance attribution
A colleague sent me an interesting question, which I will summarize here: An account has a single cash flow during the month, so there are two sub periods for performance to generate a TWRR. Although we can link the returns to get the full month return, it isn’t...
by admin | Jan 4, 2011 | Investment Performance Guy, News
One of the most confusing areas of GIPS(R) (Global Investment Performance Standards) is “supplemental information.” Since firms are required to label this information, it’s important to know what it is. In essence, it’s any performance-related...
by admin | Jan 3, 2011 | fixed income attribution
We decided to introduce “guest bloggers,” and our first “guest blogger submission” is from Stephen Campisi, CFA. Steve has offered his comments on many of my posts, and for a variety of reasons I thought it fitting to have him provide us with...
