Making your GIPS presentations (and other performance-related materials) readable

by David Spaulding | Mar 31, 2015 | GIPS standards, Global Investment Performance Standards, Investment Performance Guy, performance measurement

  Perhaps it’s just me, but sometimes I have a difficult time reading the presentations and policies that are given to me to review during a GIPS(R) (Global Investment Performance Standards) verification. The chosen font size is just TOO small. Case in...

GIPS Common Errors #3: Grammar

by David Spaulding | Mar 19, 2015 | GIPS, Global Investment Performance Standards, Investment Performance Guy, performance measurement

In a recent blog post I mentioned that I will comment on grammar when I conduct a GIPS® (Global Investment Performance Standards) verification. Let’s take a moment and review some of the mistakes I often find. Technically, these aren’t GIPS Common Errors,...

GIPS Common Errors #2: Missing the not-so-obvious P&P requirements

by David Spaulding | Mar 4, 2015 | GIPS standards, Investment Performance Guy, performance measurement

  Imagine you’re making a cake, and that you have the recipe in front of you. You follow the instructions, step-by-step. But, at the end, your cake doesn’t taste and/or look right. How come? Well, the baker who came up with the recipe failed to...

Unsupervised assets (or, how to boost performance without much effort)

by David Spaulding | Feb 12, 2015 | Investment Performance Guy, performance measurement

Many asset managers have “unsupervised assets.” These arise when a client tells  you “don’t sell the 1,000 shares of my IBM stock.” [Isn’t it funny that IBM is typically used as the example? Well, I might as well continue the...

Should GIPS verifiers correct grammar? Spelling? Punctuation?

by David Spaulding | Feb 3, 2015 | GIPS, GIPS verification, Global Investment Performance Standards, Investment Performance Guy, performance measurement

This is our “busy season” for conducting GIPS® (Global Investment Performance Standards) verifications. And, as part of the process we get to spend time reading a lot of material, including Policies & Procedures and composite presentations. On...

Dispersion around what, exactly? A question worth pondering

by David Spaulding | Jan 15, 2015 | Investment Performance Guy, performance measurement

  This is a topic I brought up many years ago, but haven’t discussed lately. Just as you might have a nagging itch that just won’t go away, this one has remained with me. GIPS requires a measure of dispersion … but of what? Let’s begin by...