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 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....
by admin | Oct 5, 2011 | Campisi model, CIPM, CIPM expert, fixed income attribution
Question #15 from the Expert Level Sample Exam is with respect to the data in the table shown above, and reads:15. Tom Styles, the head of performance measurement at Signal Investment Management, uses a sector allocation/security selection attribution model for both...
by admin | Oct 4, 2011 | CIPM, CIPM expert, CIPM Principles, composite dispersion, external dispersion, GIPS, internal dispersion, Standard Deviation, TI BA II Plus, tracking error
CIPM candidates are required to be able to calculate standard deviations for several purposes, including:the dispersion of annual portfolio returns within a composite (internal dispersion)the variability of a composite’s past 36 months of returns (external...
by admin | Oct 2, 2011 | CIPM, CIPM exam prep, CIPM expert, CIPM Principles, GIPS, TSG
On this coming Monday, October 3, 2011, I will be hosting our next webcast, which will be an open Q & A (question and answer) session for candidates preparing for the CIPM exams (both Principles Level and Expert Level).The session is free for CIPM candidates that...
by admin | Sep 1, 2011 | CIPM, CIPM expert, IRR calculation, money-weighted return, TI BA II Plus
A CIPM Expert Level candidate sent me the following question, asking what are the proper keystrokes to obtain the solution: The Millers deposited $50,000 into their account on 1 May 2005 and another $40,000 on 1 July 2005. The portfolio also received and reinvested...
