by admin | May 3, 2012 | benchmarks, GIPS, Global Investment Performance Standards, index
A GIPS(R) (Global Investment Performance Standards) verification client was rebalancing their blended benchmark annually and their portfolio monthly. This sparked a whole long discussion with a few colleagues on the appropriate timing for rebalancing. The basic...
by admin | May 2, 2012 | Investment Performance Guy, News
You may recall that in late March TSG announced that it had discovered a printing error in my most recent book (Handbook of Investment Performance Measurement, 2nd edition), and decided to offer copies at a huge discount ($20 versus the normal $75). The...
by admin | May 1, 2012 | GIPS, Global Investment Performance Standards
The Global Investment Performance Standards (GIPS(R)) have provisions to accommodate firms and individuals that move their skills from one place to another. For example, the emerging markets team from Firm A decides to either set up shop themselves or move...
by admin | Apr 28, 2012 | Investment Performance Guy, News
Just a reminder: If you wish to submit a comment, do not do so anonymously. Identify yourself. And to clarify, anonymously means “Anonymous” in any form, as well as fictitious names. If you have a view or opinion, feel free to share it, but true identity...
by admin | Apr 27, 2012 | Investment Performance Guy, News
For many, it only seems logical that when you deduct fees monthly or quarterly, that your annual net-of-fee and gross-of-fee return difference should equal the annual fee. How can it not?It’s quite simple to derive the monthly amount to deduct: just take your...
