time-weighting Archives

A different way to measure ROR

by admin | Jul 29, 2025 | money-weighting, time-weighting

While “risk” seems to be a more commonly found topic in the Wall Street Journal, I was pleased to see this advertisement appear in this past weekend’s edition. First, it’s wonderful to see a focus on diplomas, especially for inter-city...

What question does the GIPS for Asset Owners composite return answer?

by David Spaulding | May 25, 2025 | asset owners, GIPS, Global Investment Performance Standards, internal rate of return, Investment Performance Guy, IRR, performance measurement, time-weighted return, time-weighting, TWR

The revised GIPS for Asset Owners guidance statement hasn’t yet been finalized, but we can pretty much expect that the time-weighted composite return requirement will remain. At a recent NYSSA (New York Society of Security Analysts) GIPS program, that I...

How to Explain Positive Returns When Losses Occur

by admin | May 9, 2025 | money-weighting, rates of return, time-weighting

Today’s animation discusses the fairly common situation, where a portfolio loses money but has a positive return. This video discusses how to explain positive returns when losses occur.

Time and Money Weighting: making sense of the differences

by admin | Jan 4, 2025 | money-weighting, time-weighting

When teaching our Fundamentals of Investment Performance course, when writing my books, and often when simply having conversations with clients, I am often faced with the task of explaining, in as clear a manner as possible, the differences between time and money...