GIPS Archives | Page 38 of 71

Love Story’s link to the world of investing…who would have thought?

by admin | Mar 4, 2011 | error correction, GIPS, Global Investment Performance Standards

If you’re old enough you may remember the 1970 movie Love Story, that starred Ryan O’Neal and Ali MacGraw. While today’s movie-going audiences would probably not find the movie very appealing, it did meet with a great deal of success four decades...

Let’s stop celebrating GIPS as the only answer to our return questions

by admin | Mar 4, 2011 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting

I recently wrote a letter to Pensions & Investments, which was published in their February 21 issue. Titled “Flaw in time-weighting return,” it was a response to an earlier P&I article that discussed how plan sponsors need to ensure they’re...

When having a minimum isn’t an option

by admin | Mar 2, 2011 | GIPS, Global Investment Performance Standards

Many firms that claim compliance with the Global Investment Performance Standards (GIPS(R)) no doubt believe that the use of a “minimum” for their composites is an option, and in lots of cases this is probably true. For example, firms that strictly and...

When is a balanced account not a balanced account?

by admin | Feb 25, 2011 | GIPS, Global Investment Performance Standards

This matter came up recently with one of our GIPS(R) (Global Investment Performance Standards) verification clients, and is worthy of some discussion.What is a balanced account? I would say the characteristics are basically three:It’s an account that invests in...

Some interesting GIPS misconceptions

by admin | Feb 17, 2011 | GIPS, Global Investment Performance Standards

One of the reasons we encourage firms that claim compliance with the Global Investment Performance Standards (GIPS(R)) to get annual verifications is because the standards are just too darn confusing. There is so much that is left to your interpretation, and...