by admin | Jan 4, 2011 | Investment Performance Guy, News
One of the most confusing areas of GIPS(R) (Global Investment Performance Standards) is “supplemental information.” Since firms are required to label this information, it’s important to know what it is. In essence, it’s any performance-related...
by admin | Jan 2, 2011 | Investment Performance Guy, News
My last post of 2010 dealt with some epiphanies I had relative to performance measurement, and how they altered my thinking regarding money-weighting, the aggregate method for composite returns, and asset-weighting composite returns. Well, today is the Feast of the...
by admin | Dec 28, 2010 | Investment Performance Guy, News
A client recently suggested that whenever a firm shows money-weighted returns (with the possible exception of private equity and direct real estate) the returns should always be net-of-fee, since they’re representing how the client is doing. I think this makes...
by admin | Dec 23, 2010 | Investment Performance Guy, News
Our office, like many, will be closing early today, and we won’t be open tomorrow. And so, I want to take this opportunity to express my wishes that you and your family have a Merry Christmas. Our country remains at war and we have many brave service members who...
by admin | Dec 16, 2010 | Investment Performance Guy, News
In Tuesday’s Wall Street Journal there was an article on heart treatments which have begun to be questioned because of problems that have arisen. It points out that this “reflect[s] a persistent phenomenon in medicine where doctors and patients embrace new...
by admin | Dec 14, 2010 | Investment Performance Guy, News
We all by now know of Madoff’s illicit activities, which resulted in many victims, the most recent being his older son who took his life last week. But even Bernie can’t compete with the leader of North Korea in reporting HIS performance. Okay, maybe I...
