by admin | Oct 25, 2011 | GIPS, Global Investment Performance Standards
The GIPS(R) (Global Investment Performance Standards) Q&A desk appears to have introduced a new rule:Firms may not add new accounts within a month*While I have no problem with this change, it would have been nice if it had been put forward for public comment,...
by admin | Oct 24, 2011 | Investment Performance Guy, News
#5 Using the wrong approach to measure, analyze, and report performance and riskThe good news is that there are plenty of great software packages available today, to assist firms with all aspects of their performance and risk measurement. The bad news is that...
by admin | Oct 22, 2011 | CIPM, CIPM Exam Tips & Tricks, CIPM Principles, macro attribution, plan sponsor attribution
One of the challenges for Principles Level students is dealing with the Macro Attribution model. This model for attribution measures several decisions that a fund sponsor can take to grow its fund. Because of the number of formulae involved, it seems...
by admin | Oct 21, 2011 | examinations, GIPS, Global Investment Performance Standards, verification
#4 GIPS Performance ExaminationsWe have always been big supporters of GIPS(R) (Global Investment Performance Standards) verifications: given the Standards’ complexity, it is very easy for firms to make mistakes.At one time it was expected that verifications...
by admin | Oct 20, 2011 | Investment Performance Guy, News
#3 Not training your staffEntrepreneur magazine cited lack of staff training as one of the top reasons companies fail. As consultants to many types of firms (e.g., asset managers, custodians, software vendors, pension funds, endowments), we often encounter cases where...
