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 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...
by admin | Feb 27, 2012 | GIPS, Global Investment Performance Standards, ret
I had a call on Friday from a longstanding friend and colleague who wanted to know whether she should use the beginning (VB) or ending (VE) values to asset weight portfolio returns. Let’s put this into context.This manager has a client whose history...
by admin | Feb 17, 2012 | GIPS, Global Investment Performance Standards
The chair of the verifier/practitioner committee (currently held by Carl Bacon, CIPM) for the GIPS(R) (Global Investment Performance Standards) Executive Committee is up, and nominations are being sought. And so, if you think you’d like to serve, let them...
by admin | Feb 16, 2012 | aggregate method, composites, GIPS, Global Investment Performance Standards
Fear not! I haven’t given up on my arguments against the use of the aggregate method to derive the extremely important composite returns (which are the bedrock of the Standards).I was conducting a GIPS(R) verification earlier this week, and stumbled upon the...
by admin | Feb 13, 2012 | GIPS, Global Investment Performance Standards
In a recent blog post I referenced the notion of taking into consideration the “spirit” of the GIPS(R) standards (Global Investment Performance Standards) to consider what would be permitted. Being ever mindful of the underlying “spirit”...
