by admin | Mar 2, 2011 | GIPS, Global Investment Performance Standards
Many firms that claim compliance with the Global Investment Performance Standards (GIPS(R)) no doubt believe that the use of a “minimum” for their composites is an option, and in lots of cases this is probably true. For example, firms that strictly and...
by admin | Feb 25, 2011 | GIPS, Global Investment Performance Standards
This matter came up recently with one of our GIPS(R) (Global Investment Performance Standards) verification clients, and is worthy of some discussion.What is a balanced account? I would say the characteristics are basically three:It’s an account that invests in...
by admin | Feb 17, 2011 | GIPS, Global Investment Performance Standards
One of the reasons we encourage firms that claim compliance with the Global Investment Performance Standards (GIPS(R)) to get annual verifications is because the standards are just too darn confusing. There is so much that is left to your interpretation, and...
by admin | Feb 10, 2011 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting
I love the weekend edition of The Wall Street Journal. Invariably I find one or more articles to reference in one place or another. And this past weekend it was Matt Ridley’s “A Key Lesson of Adulthood: The Need to Unlearn.” As Matt so correctly put...
by admin | Feb 9, 2011 | GIPS, Global Investment Performance Standards
A recent blog post questioned the value of having quarterly verifications done. Interestingly, we received the following response: “Running the verification on a quarterly schedule can help catch any possible errors sooner, rather than later, potentially...
by admin | Feb 3, 2011 | GIPS, Global Investment Performance Standards
At times it appears that many individuals in performance measurement, as well as those on the periphery (e.g., portfolio managers), see GIPS(R) (Global Investment Performance Standards) as being at the center of everything we do. It’s quite common to hear, for...
