Global Investment Performance Standards Archives | Page 41 of 49

Modified Dietz doesn’t always do the job

by admin | Apr 21, 2010 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting

We have a new client who wanted us to do a “non-GIPS(R) verification” of a composite. We do this type of work for clients who aren’t able (or choose not) to comply with the Global Investment Performance Standards. We typically begin by understanding...

Verifiers should be CPAs … or maybe not!

by admin | Apr 15, 2010 | CIPM, GIPS, Global Investment Performance Standards

I just had the opportunity to comment on a discussion that’s taking place in the CIPM (Certificate in Investment Performance Measurement) group on Linkedin. The question that was posed: “What can be done to make the CIPM credential more recognized and...

Composites, from the ground up

by admin | Apr 14, 2010 | GIPS, Global Investment Performance Standards

I received a question from a software vendor: “[can you build] a composite from the security-level holdings of member portfolios met GIPS(R) [Global Investment Performance Standards] rather than asset-weighting the ROR’s? We have a client that wants to do...

Materiality is growing

by admin | Apr 7, 2010 | GIPS, Global Investment Performance Standards

Defining materiality can be a challenge: but if you thought doing it regarding returns was difficult, think about the other areas where it will be required for firms that claim compliance with the Global Investment Performance Standards (GIPS(R)), as a result of GIPS...

…they’re in whack

by admin | Apr 3, 2010 | Fair value, GIPS, Global Investment Performance Standards

This past week I spoke at First Rate’s annual user conference in Arlington, Texas. My topic was GIPS(R) 2010, the new edition of the Global Investment Performance Standards, though we touched on other topics, such as the CIPM exam. When queried about the CIPM, I...

And the reason we’re doing this is why again?

by admin | Mar 30, 2010 | GIPS, Global Investment Performance Standards, risk

At a recent presentation on the new version of the Global Investment Performance Standards (GIPS(R) 2010), I was asked if the asset-weighted standard deviation would be permitted for the new requirement to report a three year, annualized standard deviation. Once again...