by admin | Nov 26, 2013 | Investment Performance Guy, News
I was in Australia (both Sydney and Melbourne) last week, (1) speaking at a conference, (2) conducting a conference workshop, and (3) teaching our two-day attribution class. It was a very hectic time, and I failed to do any posting, which is a bit unusual for...
by admin | Nov 15, 2013 | Investment Performance Guy, News
It may seem like a stretch, but the very esoteric and complex mathematical area topology and performance attribution have something in common: mapping. Topologists map points from one surface to another, while PMPs (Performance Measurement Professionals) map weights...
by admin | Nov 12, 2013 | Investment Performance Guy, News
I have had the opportunity to engage in conversation with several folks over the past month or so regarding the CFA Institute’s “Principles for Investment Reporting.” I remain generally opposed; actually, perhaps more so.For a document that promotes...
by admin | Nov 11, 2013 | Investment Performance Guy, News
Yes, this IS a dilemma: do you invest the money into providing your performance and risk measurement team the training they need to do a good job, and run the risk they’ll leave, or avoid teaching them and save the money?Fortunately, most firms see the wisdom in...
by admin | Nov 4, 2013 | Investment Performance Guy, News
I have begun to read Mass Flourishing, by Edmund Phelps, a Nobel Laureate in Economics. He begins with the following: “Flourishing is the heart of prospering – engagement, meeting challenges, self-expression, and personal growth…A person’s flourishing comes from...
by admin | Nov 2, 2013 | Investment Performance Guy, News
In this weekend’s WSJ, Jason Zweig discusses how investors too often make poor contribution/withdrawal decisions (see “How Investors Leave Billions on the Table”).He mentions how Pimco’s Total Return fund had a 12-month return (as-of September...
