by admin | Mar 22, 2012 | examinations, GIPS, Global Investment Performance Standards, verification
By now, if you’re a regular (or even infrequent) reader of this blog and/or TSG’s newsletter, you know of my dislike for GIPS(R) (Global Investment Performance Standards) performance examinations. I have commented at length as to how compliance with the...
by admin | Mar 15, 2012 | GIPS, Global Investment Performance Standards, verification
We have a GIPS(R) (Global Investment Performance Standards) verification client who uses Advent’s Axys portfolio accounting system. Most of their clients are at Schwab, and they have a direct feed from Schwab to Advent. However, they had a couple accounts...
by admin | Mar 7, 2012 | GIPS, Global Investment Performance Standards
Those who were around “at the creation” recall the debates regarding whether composite returns should be equal- or asset-weighted. Two groups in particular, the ICAA (Investment Council Association of America; now the IAA) and IMCA (Investment...
by admin | Mar 6, 2012 | GIPS, Global Investment Performance Standards, overlays
Many firms avail themselves of currency overlays, as well as other overlay strategies, which often involve forwards or other derivatives, where there actually are no assets technically “under management.” Does this mean that these firms cannot claim...
by admin | Mar 5, 2012 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, CIPM Principles, ex-post risk, external dispersion, GIPS, internal dispersion, Standard Deviation
It has actually become apparent to me during the course of conducting GIPS verifications that there is some confusion as to when internal dispersion and external dispersion must be shown. It occurred to me that CIPM candidates may have the same...
by admin | Mar 1, 2012 | GIPS, Global Investment Performance Standards
TSG, Inc. has just announced the creation of a new website service, that provides answers to GIPS(R) (Global Investment Performance Standards) related questions.GIPSHelp.com.”We are often contacted by clients and colleagues with questions dealing with the Global...