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...
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...
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...
by David Spaulding | Jan 8, 2015 | Investment Performance Guy, performance measurement
“Of all the things I hold in high regard, rules are not one of them. ” Francis (Frank) Underwood Our son, Chris, gave us a device for our television that allows us to watch Netflix, as well as other Internet based programs. Several folks had recommended...
by David Spaulding | Jan 6, 2015 | Investment Performance Guy, performance measurement
First, Happy New Year! I managed to be away from the office for almost two weeks, which is virtually unheard of, but it’s great to be back. The absence of controls leads to problems While away, my wife and I made it to the movie theater on three occasions, and...
by David Spaulding | Dec 11, 2014 | Investment Performance Guy, performance measurement
“Those who dance are considered insane by those who cannot hear the music.” Having never been a George Carlin fan, I must confess that I’m a bit surprised to be quoting him, but this line recently appeared on Facebook, and it immediately resonated...
