by David Spaulding | Jun 14, 2016 | rates of return, Investment Performance Guy, money-weighted return, money-weighting, time-weighted return, time-weighting
I recently conducted a software certification for a software vendor. I found some issues with their application of rates of return, and we’ve been going back-and-forth on it. One issue that arose was my belief that money-weighting is the appropriate...
by David Spaulding | May 16, 2016 | Investment Performance Guy, performance measurement, PMAR
TSG often speaks about being passionate about performance measurement. Having passion for something is, we believe, a good thing. Passion for Music Before delving into the subject of passion for performance measurement, I thought I’d touch on passion in a...
by David Spaulding | May 2, 2016 | Investment Performance Guy, Fundamentals of Performance Measurement
Our Fundamentals of Performance Measurement class, formerly known as Introduction to Performance Measurement, has undergone a pretty significant “facelift,” so to speak. It has taken me quite some time to get it done, although one is never actually ever...
by David Spaulding | Apr 4, 2016 | rates of return, Investment Performance Guy, money-weighted return, time-weighting
We’ve been asked by a client to construct a single day, fairly intensive class on rates of return. Much of the material for the class comes from our Fundamentals of Investment Performance class, which we’ve been teaching for nearly 18 years. As...
by David Spaulding | Mar 21, 2016 | cash flows, GIPS, significant cash flows
The Global Investment Performance Standards (GIPS(R)) has certain rules regarding significant and large cash flows. Because the words, “significant” and “large” can be considered synonymous, confusion often results. This post will...
