by admin | May 27, 2010 | Investment Performance Guy, News
I’m conducting a review of a client’s performance reports. When reporting by country, if there is no risk-free rate for that country, a zero value is used (e.g., for Sharpe ratio, Jensen’s alpha). Why?Risk-free rates can be quite complex; perhaps...
by admin | May 26, 2010 | Investment Performance Guy, News
This week has seen the conclusion for the six-year run of the television show, Lost. My wife and I have been avid viewers for some time and anxiously awaited this final episode. I like the show so much that I am a “fan” of the show on Facebook. And this...
by admin | May 18, 2010 | Investment Performance Guy, News
I’m listening to Malcom Gladwell’s Blink: The Power of Thinking Without Thinking. I’ve read two of his other books (The Tipping Point: How Little Things Can Make a Big Difference and Outliers: The Story of Success) and enjoyed them considerably, and...
by admin | May 13, 2010 | Investment Performance Guy, News
An observant reader identified an error in my math in yesterday’s post, which I should have caught immediately. Long ago I realized that outflows should be treated as end-of-day events. Let’s consider yesterday’s post a bit more. We started the day...
by admin | May 8, 2010 | Investment Performance Guy, News
I’m taking some liberties here, as this is mainly John’s blog, but knowing that most of the readers probably work for firms that claim compliance with the Global Investment Performance Standards, I thought you might find this invite of interest.Many firms...
by admin | May 7, 2010 | Investment Performance Guy, News
I got an e-mail from a software vendor client who wanted to know what the “standard” is regarding period reporting of benchmark returns. It seems they have a client who wants to see 3 1/2 year benchmark performance (because their portfolio is for 3 1/2...
