by admin | Apr 3, 2013 | Investment Performance Guy, News
This topic has come up a few times recently, so I thought it worth touching briefly.The situation: a client’s account holds multiple portfolios, which are handled by different managers. Some have time-weighted returns, while others have...
by admin | Mar 27, 2013 | Investment Performance Guy, News
It seems that when we come across negative values, or when trying to express differences between lower and higher values, from the perspective of the lower, we often have a difficult time adjusting. Handling positives is pretty simple; perhaps because we began our...
by admin | Mar 21, 2013 | Investment Performance Guy, News
I am pleased to announce that the CFA Institute has published a brief article I wrote, comparing holdings and transaction-based attribution, in their online newsletter.The article is based on research I’m doing for my doctoral dissertation, which I hope to...
by admin | Mar 20, 2013 | Investment Performance Guy, News
One of our GIPS(R) verification clients asked me recently about attribution and mutual funds/ETFs; whether there were special requirements for them. Some thoughts:Remember that with attribution, we align “sets” of securities in the portfolio with...
by admin | Mar 13, 2013 | Investment Performance Guy, News
Performance presentation standards have existed for more than 20 years now. First introduced by the Financial Analysts Federation in the mid 1980s, later taken up by the Association for Investment Management & Research, and now championed by the CFA Institute, the...
