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 David Spaulding | Jun 14, 2016 | rates of return, Investment Performance Guy, money-weighted return, money-weighting, time-weighted return, time-weighting
I recently conducted a software certification for a software vendor. I found some issues with their application of rates of return, and we’ve been going back-and-forth on it. One issue that arose was my belief that money-weighting is the appropriate...
by David Spaulding | Apr 4, 2016 | rates of return, Investment Performance Guy, money-weighted return, time-weighting
We’ve been asked by a client to construct a single day, fairly intensive class on rates of return. Much of the material for the class comes from our Fundamentals of Investment Performance class, which we’ve been teaching for nearly 18 years. As...
by David Spaulding | Dec 15, 2015 | Investment Performance Guy, rates of return
Today’s Wall Street Journal has two front page articles that deal with security valuation problems. “Investors Abandon Risky Funds” addresses the recent drop in the prices of high yield bonds. We find the following: “Some investors reported...
by admin | Jun 22, 2012 | alternative investments, GIPS, Global Investment Performance Standards, private equity, rates of return, real estate, risk
At this week’s European Performance Measurement Forum meeting, we touched on the subject of alternative investments. We hear this term bandied about quite a bit; so much so, that it often causes one to grimace when they hear it, because of the fear it can...
by admin | Feb 24, 2012 | rates of return, Returns, risk
Yesterday, TSG held a luncheon in NYC, where Jed Schneider, CIPM, FRM reviewed some of the findings from our recent Performance Attribution survey. As with all of these research projects, some very interesting insights can be drawn. And since this...
