by admin | Sep 8, 2011 | aggregate method, GIPS, Global Investment Performance Standards
You may recall that I have opined in the past about the problems I’ve discovered with the aggregate method, both several times in this blog, as well as in our newsletter; I also wrote an article on this topic.Some individuals who have read my materials argue...
by admin | Aug 28, 2011 | GIPS, Global Investment Performance Standards
You have perhaps heard that Abercrombie & Fitch is actually paying members of the reality show, Jersey Shore, money to not use their products; the individual known as “the situation” is one who has been particularly focused on. In this weekend’s...
by admin | Aug 19, 2011 | benchmarks, GIPS, Global Investment Performance Standards
A client alerted me about a new Q&A that is on the GIPS(R) (Global Investment Performance Standards) website. I’ll save you the trouble of looking it up, and provide the particulars here. First, the question: “For one of our composites, we use a...
by admin | Aug 8, 2011 | GIPS, Global Investment Performance Standards
Today’s Wall Street Journal had a very interesting article by Jaime Levy Pessin titled “Advisers’ Little Secret: Their Past Results.” It touches on the subject of financial advisers’ general lack of past performance for prospective clients.Many advisers...
by admin | Aug 5, 2011 | GIPS, Global Investment Performance Standards
Okay, I’ve seen this more than a few times, but it just struck me: there’s a comma missing!And what, pray tell, am I speaking about? Paragraph 4.a.1 of the GIPS(R) (Global Investment Performance Standards) 2010 edition. We find the following being the...
by admin | Aug 4, 2011 | GIPS, Global Investment Performance Standards
Jed Schneider and I are doing a GIPS(R) (Global Investment Performance Standards) verification for a client, and a question came up regarding the need to create a composite.A U.S. Equity manager is asked by a client to purchase some Canadian stock; would this (a)...