by David Spaulding | Mar 17, 2020 | time-weighting, Investment Performance Guy, IRR, rates of return
My colleague, Jennifer Barnette, CIPM, suggested that this blog post from many years ago be published again. I was flattered that she felt it was worthy of reappearing. She was also kind enough to do some edits. It has been quite some time since I’ve done a blog...
by TSG | Mar 12, 2020 | cash flows, IRR, Performance Perspectives Newsletter
VOLUME 2 – ISSUE 11 July 2005 Download PDF...
by TSG | Mar 11, 2020 | BAI, IRR, Performance Perspectives Newsletter
VOLUME 1 – ISSUE 10 June 2004 Download PDF...
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 | Mar 3, 2018 | performance measurement, CIPM, Investment Performance Guy, IRR, PMAR
In this weekend’s WSJ there’s an article on companies that are encouraging their employees to get tattoos: Nice Tattoo! I Didn’t Know You Worked at Walmart. I would love to see Patrick, Chris, and Douglas, or John, Ashley and Linda adorn their...
by David Spaulding | Jul 31, 2017 | pension funds, asset owners, GIPS, Global Investment Performance Standards, Investment Performance Guy, IRR, money-weighted return, performance measurement, time-weighted return, time-weighting
This is the time of year when many pension funds report their returns for the prior fiscal year. And often, the reported returns were calculated using a time-weighted method. But, is this appropriate? Or, perhaps, is more needed? In my way of thinking, pension...
