by John D. Simpson, CIPM | Apr 6, 2015 | CIPM Exam Tips & Tricks
Last week I discovered an error in a diagram in the Fixed Income Attribution reading at the Expert Level of the CIPM curriculum. I have made CFA Institute aware of the error and suspect they will issue a correction soon, but I want to make candidates aware of this in...
by John D. Simpson, CIPM | Feb 18, 2015 | CIPM Exam Tips & Tricks
Occasionally when I am doing GIPS verifications, I come across situations where a firm has a fixed-life, fixed-commitment investment vehicle that they want to present performance for in compliance with the GIPS standards. Because the firm controls the external cash...
by John D. Simpson, CIPM | Feb 3, 2015 | CIPM Exam Tips & Tricks
What’s new with the GIPS standards? CIPM Candidates should tune in to a webinar we’re hosting on February 5 @ 11:00 AM EST: What’s New With the GIPS Standards? While this webinar will not focus the CIPM Program, GIPS is, of course a significant part of the curriculum,...
by John D. Simpson, CIPM | Jan 10, 2015 | CIPM Exam Tips & Tricks
Question: do after-tax returns have to be labeled as supplemental information in GIPS compliant composite presentations? Answer: No. Explanation: Supplemental information is performance information that is not covered by the requirements and recommendations of the...
by John D. Simpson, CIPM | Aug 26, 2014 | CIPM Exam Tips & Tricks
In a previous post I introduced two forms of the differential return equation that are included in the CIPM curriculum at the Principles Level: differential return using standard deviation differential return using beta If it seems that the differential return formula...
