by admin | Jun 23, 2009 | GIPS
I was at the U.S. Open on Sunday and enjoyed the event quite a bit. As we were returning home, I thought that there had to be something I could take away that relates to performance measurement. Well, it didn’t take long to come up with it: the rules.The U.S....
by admin | Jun 17, 2009 | GIPS
The GIPS (r) standards include a provision that deals exclusively with the notion of “verifier independence.” The standards recognize that in order to do an effective, independent, and objective verification, the firm must be independent. But...
by admin | Jun 16, 2009 | GIPS
I just learned that David Letterman made, what has been come to thought of as, an offensive joke a week ago, directed at Alaska Governor Sarah Palin’s daughters. Since I don’t watch late night talk shows, I was unaware of this event until this morning....
by admin | Jun 15, 2009 | GIPS
If you have a copy of the current version of the GIPS(r) standards, you can fairly easily identify most of the planned changes for this coming January. They include the requirement to revalue portfolios whenever large cash flows occur and the need to manage cash...
by admin | Jun 8, 2009 | GIPS
One thing we’ve learned is that those who don’t take the time to vote shouldn’t complain about the results. The same applies to the proposed changes to the GIPS® standards. With less than a month before the opportunity disappears, only a few have...
by admin | Jun 5, 2009 | GIPS, risk
Earlier this week I mentioned that I have finally sent my comments in re. GIPS 2010. Well, I find myself slightly modifying my view about the planned requirement for a 3-year annualized standard deviation … okay, maybe more than slightly.I’m working on a...
