by admin | Mar 22, 2012 | examinations, GIPS, Global Investment Performance Standards, verification
By now, if you’re a regular (or even infrequent) reader of this blog and/or TSG’s newsletter, you know of my dislike for GIPS(R) (Global Investment Performance Standards) performance examinations. I have commented at length as to how compliance with the...
by admin | Mar 15, 2012 | GIPS, Global Investment Performance Standards, verification
We have a GIPS(R) (Global Investment Performance Standards) verification client who uses Advent’s Axys portfolio accounting system. Most of their clients are at Schwab, and they have a direct feed from Schwab to Advent. However, they had a couple accounts...
by admin | Feb 7, 2012 | GIPS, Global Investment Performance Standards, verification
In conducting research studies, we often want to introduce a degree of randomness, to avoid the potential bias that might creep in if we select our cases directly. There are random number generators available to assist us, although many of them have been challenged...
by admin | Jan 10, 2012 | GIPS, Global Investment Performance Standards, verification
TSG is sometimes asked if we do quarterly GIPS(R) (Global Investment Performance Standards) verifications. We would be happy to, but strongly recommend against it. And why is this?Well, we firmly believe that the only one who benefits from quarterly is the verifier;...
by admin | Oct 21, 2011 | examinations, GIPS, Global Investment Performance Standards, verification
#4 GIPS Performance ExaminationsWe have always been big supporters of GIPS(R) (Global Investment Performance Standards) verifications: given the Standards’ complexity, it is very easy for firms to make mistakes.At one time it was expected that verifications...
by admin | Sep 14, 2011 | GIPS, Global Investment Performance Standards, verification
I stumbled upon an asset manager’s website this week, which served as a good example of some of the problems that exist within the world of firms claiming compliance with GIPS(R) (Global Investment Performance Standards).This firm apparently has undergone a...
