by David Spaulding | Sep 14, 2016 | performance measurement, Investment Performance Guy
Some background on the derivation of this fundamental rule of contribution (absolute attribution) I think it’s worth providing some background into how this fundamental rule for contribution came about. I’ve been working with a client on their...
by David Spaulding | Sep 8, 2016 | Investment Performance Guy, GIPS, GIPS standards, guidance statement
This post, on the proposed changes to the GIPS Asset Owner Guidance Statement, was done by a guest blogger: John D. Simpson, CIPM. Last month, the GIPS® Technical Committee issued a proposed revised Guidance Statement on the Application of the GIPS Standards to...
by David Spaulding | Sep 2, 2016 | Investment Performance Guy, Standard Deviation
Linking monthly standard deviation has its root within the AIMR-PPS One advantage to being a bit older than most folks in performance measurement is that I have been exposed to a lot of ideas, and quite a bit of history. This includes the predecessor standard to...
by David Spaulding | Aug 10, 2016 | performance measurement, cash flows, Investment Performance Guy
The Global Investment Performance Standards (GIPS(R)) has evolved over the past several years. And some of these changes have been in regards to how to calculate rates of return. Today, revaluing for large cash flows is the minimum GIPS requirement. The reason:...
by David Spaulding | Aug 1, 2016 | performance measurement, Investment Performance Guy
While Mark Twain might not have been totally correct, his comment no doubt applies to many folks and/or situations. But as for me, I think changes in performance measurement are generally welcome, as they mean improvements in what we do. The 3 Cs of Performance...
