by admin | Apr 25, 2013 | Investment Performance Guy, News
TSG’s April newsletter was just published, and it includes my “wish list” for GIPS(R) (Global Investment Performance Standards). Anticipating that some may be thinking of ways to improve the Standards, I thought sharing some of my ideas might be...
by admin | Apr 24, 2013 | Investment Performance Guy, News
Our North American “Chapter” of the Performance Measurement Forum spring meeting is this week in Boston, the site of last week’s horrific and shameless attack. The meeting is at the Marriott in the Back Bay, not far from the explosions. A few...
by admin | Apr 19, 2013 | Investment Performance Guy, News
You’re probably familiar with the statistical concept of type 1 and 2 errors. One way to look at it is that one addresses the case where you think you’re right, but you’re wrong; the when you think you’re wrong, but you’re actually...
by admin | Apr 18, 2013 | Investment Performance Guy, News
While meeting with a London-based verification client, the subjects of fraud as it relates to GIPS(R) (Global Investment Performance Standards) and Bernie Madoff came up. They are related, in a way.How did Bernie get away with it? To put it simply he (a) had a...
by admin | Apr 15, 2013 | Investment Performance Guy, News
Serving in the armed forces provides many benefits. For me, it meant spending 39 months in Hawaii (which my wife and I jokingly refer to as my “hardship tour”) and another year+ in Oklahoma (I was on active duty at the tail end of the Vietnam War...
by admin | Apr 12, 2013 | Investment Performance Guy, News
Earlier this week I mentioned that a colleague told me that transaction-based attribution requires a lot more data, which opens it up to the risk of errors being introduced. Two quick responses arise:1) Is it true that transaction-based attribution requires more data...