by admin | Aug 9, 2012 | Investment Performance Guy, News
The United States Governmental Accounting Standards Board (GASB) recently introduced new provisions that call for the reporting of money-weighting rates of return, using the internal rate of return (IRR).The new provision, Statement No. 67 of the Governmental...
by admin | Aug 8, 2012 | Investment Performance Guy, News
This month’s TSG webinar will be on Monday, August 27, from 11:00 AM to 12:30 PM EST, and it will be a bit different. Titled Internet Tips & Tricks, it will provide you with some interesting insights into better ways to improve your Internet experience!The...
by admin | Aug 7, 2012 | Investment Performance Guy, News
TSG has announced that it is conducting a survey on the Global Investment Performance Standards (GIPS(R)). This marks the eighth time we’ve conducted a survey on the presentation standards, starting with the AIMR-PPS in 1993. This makes our firm the leader...
by admin | Aug 6, 2012 | Investment Performance Guy, News
I try to exercise every morning, and when I do, I often watch the news. This morning there was an advertisement from CancerCenter.com, that included the following disclaimer:No case is typical. You should not expect to experience these results. It occurred to me that...
by admin | Aug 3, 2012 | Investment Performance Guy, News
Yesterday, I introduced a case of going from a USD to a GBP return (via an FX rate conversion), then taking the underlying USD assets and converting them to GBP, deriving the return that way, and converting (via the FX converter) to USD [quite a mouthful]. Recall...
by admin | Aug 2, 2012 | Investment Performance Guy, News
A TSG client posed the following situation to me, which I hope you find of interest:They calculated the return on a portfolio in US Dollars (USD). They next converted the return to Pound Sterling (GBP). Everything worked correctly; i.e., the returns make sense and are...
