by TSG | Feb 15, 2012 | composites, GIPS, net of fees, net-of-fees return, Performance Perspectives Newsletter
VOLUME 9 – ISSUE 6 February 2012 Download PDF...
by admin | Dec 16, 2011 | GIPS, Global Investment Performance Standards, gross of fees, net of fees
Okay, so yesterday we touched on the calculations for gross- and net-of-fee returns. But who should get what?Prospective clients should get gross-of-fee returns, unless the net-of-fee returns are net of the same fee. The problem with most net-of-fee returns is that...
by admin | Dec 15, 2011 | gross of fees, net of fees
There has been a bit of a debate on one of the Linkedin groups lately, regarding the proper way to derive net-of-fee returns, when the fees come out of the corpus of the account. I happen to like this topic, and wrote an article on it for the CFA Institute some time...
by admin | Oct 10, 2011 | GIPS, Global Investment Performance Standards, net of fees
We received a question from a client recently, who cited the GIPS(R) (Global Investment Performance Standards) Fees Guidance Statement.On page 5 we find the following:Let’s focus on the sentence that reads “In these situations, it is most appropriate to...
