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 28, 2011 | AIMR-PPS, GIPS, Global Investment Performance Standards
Brian Chapman (of KPMG, London) reminded me that the AIMR-PPS(R)’s view of composite return is that it’s “a single value that reflects the overall performance (the ‘central tendency’) of the set. The objective in reporting the returns of...
by admin | Sep 23, 2011 | GIPS, Global Investment Performance Standards
Earlier this month I posted a question regarding what the definition of “composite return” is. Given the importance of this value within the GIPS(R) standards (Global Investment Performance Standards), there should be an answer.I promised to expand on this...
by TSG | Sep 15, 2011 | composites, GIPS, Performance Perspectives Newsletter
VOLUME 9 – ISSUE 1 September 2011 Download PDF...
by admin | Sep 14, 2011 | GIPS, Global Investment Performance Standards, verification
I stumbled upon an asset manager’s website this week, which served as a good example of some of the problems that exist within the world of firms claiming compliance with GIPS(R) (Global Investment Performance Standards).This firm apparently has undergone a...
