by admin | May 3, 2012 | benchmarks, GIPS, Global Investment Performance Standards, index
A GIPS(R) (Global Investment Performance Standards) verification client was rebalancing their blended benchmark annually and their portfolio monthly. This sparked a whole long discussion with a few colleagues on the appropriate timing for rebalancing. The basic...
by admin | Aug 19, 2011 | benchmarks, GIPS, Global Investment Performance Standards
A client alerted me about a new Q&A that is on the GIPS(R) (Global Investment Performance Standards) website. I’ll save you the trouble of looking it up, and provide the particulars here. First, the question: “For one of our composites, we use a...
by admin | Aug 10, 2011 | benchmarks
Let’s say that you have a balanced portfolio, and you’ve selected the S&P 500 to represent the equity portion, and the Barclays Agg for the bond side. Your strategy for the portfolio is 80% stocks, 20% bonds, thus your index is blended in the...
by admin | Jul 14, 2011 | benchmarks
I received some interesting questions this week from someone regarding changes to a client’s benchmark, which I thought would be worth sharing here.I am gathering views from respected performance measurement professionals on an issue that has arisen with regard...
by admin | Jun 30, 2011 | benchmarks
Some folks in a Linkedin group I’m a member of have been discussing the challenge of dealing with hurdle rates when calculating returns. As I showed in a December 2010 newsletter, you cannot compound these rates, as their rate of compounding is proportional with...
by admin | Jun 23, 2011 | benchmarks
A Wall Street Journal article spoke about high school graduating students who are “saddled” with being declared “most likely to succeed.” One such individual who earned this title stated that she has “been constantly evaluating [her]...
