by admin | Mar 15, 2012 | GIPS, Global Investment Performance Standards, verification
We have a GIPS(R) (Global Investment Performance Standards) verification client who uses Advent’s Axys portfolio accounting system. Most of their clients are at Schwab, and they have a direct feed from Schwab to Advent. However, they had a couple accounts...
by admin | Mar 7, 2012 | GIPS, Global Investment Performance Standards
Those who were around “at the creation” recall the debates regarding whether composite returns should be equal- or asset-weighted. Two groups in particular, the ICAA (Investment Council Association of America; now the IAA) and IMCA (Investment...
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...
