by admin | Oct 13, 2011 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, CIPM Principles, duties to employer, ethics, loyalty
A Principles Level candidate asked me for an interpretation of the following ethics related question from one of the practice exams:Angela Schneider, an equity analyst at Isotonic Asset Management, joins the board of trustees of the Lightship Foundation, a large...
by admin | Oct 12, 2011 | Investment Performance Guy, News
Despite the criticisms that have been offered to anyone who wishes to make predictions, there is no limit to their presence. Who would want to see the end of weathermen (weather people?) telling us what tomorrow will look like, despite everyone knowing “no one...
by admin | Oct 10, 2011 | GIPS, Global Investment Performance Standards, net of fees
We received a question from a client recently, who cited the GIPS(R) (Global Investment Performance Standards) Fees Guidance Statement.On page 5 we find the following:Let’s focus on the sentence that reads “In these situations, it is most appropriate to...
by admin | Oct 9, 2011 | Investment Performance Guy, News
In this weekend’s WSJ, Jason Zweig (in “If It Looks Like a Bear …”) begins with a brief retrospective on what appeared to be the market’s recent entry into bear market territory (and quick departure from), but then touches on what is...
by admin | Oct 7, 2011 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, GIPS, Modified Dietz, significant cash flows
An Expert Level candidate asked some questions related to sample exam Item Set #15; the vignette is described below:White Oaks Investment Management, a firm that claims to comply with the GIPS standards, manages an equity portfolio for the City of Kent’s pension plan....
