by David Spaulding | Feb 1, 2018 | benchmarks, GIPS, GIPS standards, Global Investment Performance Standards, Investment Performance Guy
With this post, I feel that I am risking a charge of blasphemy, as I dare to take on what appears to be something sacred: The benchmark criteria. What criteria? You know, those seven (now eight) items that the CFA Institute has championed for quite some time....
by David Spaulding | Jan 17, 2018 | GIPS, GIPS verification, Global Investment Performance Standards, Investment Performance Guy
We’ve recently learned that some GIPS(R) verifiers have both their clients and employees in handcuffs. And, to this we have a simple question: why? Handcuffing GIPS verification clients A number of firms have expressed interest in switching their...
by David Spaulding | Nov 27, 2017 | asset owners, GIPS, Global Investment Performance Standards, Investment Performance Guy
In the spirit of the GIPS(R) standards, let’s begin with a bit of “full disclosure.” I’m one of the 17 Americans who have yet to use Uber. Furthermore, I’m not a fan. And why is that? Well, taxi owners in New York City must spend...
by David Spaulding | Oct 24, 2017 | GIPS, GIPS 20/20, GIPS standards, GIPS verification, Global Investment Performance Standards, Investment Performance Guy, superannuation fund
I’m in Sydney, Australia this week, where I spoke at the annual iPARM conference, and tomorrow will host, for the first time, a workshop titled Performance Measurement Trivia & Oddities. We will shortly put this on as a full day webinar (November 28),...
by David Spaulding | Sep 20, 2017 | Global Investment Performance Standards, GIPS, Investment Performance Guy
Getting quoted I spent about eight years in politics, from 1996 to 2004. In 1996 I ran for my township’s council, and lost. I was encouraged to run again, and the next year was elected by a “landslide.” Two years later, I ran for mayor, and...
by David Spaulding | Sep 12, 2017 | Verifier Independence, GIPS, GIPS 20/20, GIPS verification, Global Investment Performance Standards, guidance statement, Guidance Statement on Verifier Independence, Investment Performance Guy
The Global Investment Performance Standards (GIPS(R)) expects an asset manager or owner’s verifier to be independent, meaning that their assessment of the firm/organization must be objective, and not influenced by any other relationships or associations,...
