by admin | Jan 14, 2014 | Investment Performance Guy, News
To see a World in a Grain of Sand, And a Heaven in a Wild Flower, Hold Infinity in the palm of your hand, And Eternity in an hour William Blake I believe there are two major things that performance measurement professionals need to know about attribution. #1...
by admin | Jan 9, 2014 | Investment Performance Guy, News
You may recall the commutative property of math- ematics, which essentially speaks of changing the order in which we do the math. This property holds for addition and multiplication; for example: You’ll may also remember that it doesn’t hold for all...
by admin | Jan 8, 2014 | Investment Performance Guy, News
While the role performance attribution has continued to grow within the investment industry, it is, in the words of “Brinson, Hood & Beebower,” still evolving. And in its evolution, there remain areas that need to be re-explored, reconsidered,...
by admin | Jan 7, 2014 | Investment Performance Guy, News
I often find the WSJ enlightening. Today provided a very insightful article by Chana R. Schoenberger (“Test Your Smarts … on Currency Effects”, page R5), where I learned that at least some fund analysts believe they cannot tell the impact of currency...
by admin | Jan 6, 2014 | Investment Performance Guy, News
The Global Investment Performance Standards (GIPS(R)) are complex and often confusing. And while we have identified common mistakes which can lead to non-compliance (recall that GIPS is very “black-and-white,” with no “materiality” for...
