by David Spaulding | Oct 1, 2019 | Modified Dietz, #GIPS2020, 2020 GIPS Standards, geometric linking, GIPS 20/20, GIPS 2020, Global Investment Performance Standards, internal rate of return, Investment Performance Guy, IRR
One of those confusing things in the world of performance measurement: Modified Dietz Modified Dietz is one of the most commonly used return measures. Granted, Peter Dietz probably never referred to it as “Modified” (he called it...
by David Spaulding | Jun 16, 2017 | time-weighting, geometric linking, internal rate of return, Investment Performance Guy, IRR, money-weighted return, money-weighting, time-weighted, time-weighted return
Sometimes, the labels don’t matter We just finished our European conference PMAR, an event that we felt was a huge success. And, as I often do, I made an attempt to interject a bit of humor. A favorite label of mine to pick on is “regular coffee,” as...
by David Spaulding | May 25, 2017 | asset owners, GIPS, Global Investment Performance Standards, internal rate of return, Investment Performance Guy, IRR, performance measurement, time-weighted return, time-weighting, TWR
The revised GIPS for Asset Owners guidance statement hasn’t yet been finalized, but we can pretty much expect that the time-weighted composite return requirement will remain. At a recent NYSSA (New York Society of Security Analysts) GIPS program, that I...
by TSG | Nov 21, 2016 | GIPS, internal rate of return, IRR, Performance Perspectives Newsletter, rates of return
VOLUME 14 – ISSUE 3 November 2016 Download PDF...
by David Spaulding | Jul 1, 2016 | Investment Performance Guy, internal rate of return, IRR, money-weighted return, money-weighting
On the first day of this long July 4th weekend, I’m reading a book that is quite timely, which just came in: “Towards an Imperfect Union,” by Dalibor Rohac. It’s excellent, simply excellent, and I’m learning a great deal. The...
by David Spaulding | Sep 23, 2015 | internal rate of return, Investment Performance Guy
You’re entitled to your own opinion, but you’re not entitled to your own facts Daniel Patrick Moynihan I’ll confess a bit of surprise when I saw that my friend and colleague, Carl Bacon, CIPM, was speaking at the annual GIPS(R) conference this month...
