by TSG | Jan 11, 2023 | Performance Perspectives Newsletter, rate of return calculations, SEC
VOLUME 18 – ISSUE 12 December 2022 Download PDF...
by David Spaulding | Apr 9, 2020 | Compounding, excess returns, geometric linking, Investment Performance Guy, rate of return calculations, rates of return
Odd returns are surfacing, and the coronavirus is the culprit I’ll confess to a bit of hyperbole or misdirected blame here. We can’t really credit the coronavirus, but the markets have been extremely volatile, and whenever that happens, we are bound to see...
by David Spaulding | Apr 5, 2017 | gap in performance, Investment Performance Guy, performance measurement, performance reporting, rate of return, rate of return calculations, rates of return
Return gaps can often occur. And so, there are times when we might want to be able to “cross” them: that is, to extend performance across this gap, so that we have a continuous return. However, there are times when the manager may not want to cross...
by David Spaulding | Jul 20, 2016 | Investment Performance Guy, rate of return calculations, rates of return
A client asked us to construct a one-day class dedicated to rates of return. Unfortunately, we had to cancel. But, it took me hours, and hours, and hours (actually, more like days, and days, and days) to put it together. And rather than just forget about it, we...
by admin | Apr 8, 2013 | CIPM, CIPM Exam Tips & Tricks, CIPM expert, CIPM Principles, internal rate of return, IRR, performance measurement, rate of return calculations
A CIPM Principles candidate sent an email asking how to calculate the internal rate of return in the exercise shown in Exercise 36 in the CIPM Principles Curriculum (on page 234). In this example, the following information is given:Account market value on 1/1/10...
by admin | Sep 1, 2012 | cash flow timing, cash flows, CIPM Exam Tips & Tricks, CIPM expert, CIPM Principles, performance measurement, rate of return calculations
A Principles Level candidate emailed me the following problem, and asked me about how to interpret the timing of the cash flows: In this case, given that they tell you that the fair valuations are inclusive of the flows, my interpretation would be that the timing of...
