Bonds continue to be poorly understood and underutilized, especially among risk managers and performance analysts. Our session on maximizing the value of the fixed income investments within the asset owner portfolio dispels the misunderstandings regarding how bonds are issued, traded and allocated in multi-asset portfolios.
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
Will 2025 Usher in “The Great Fixed Income Decade?”
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Risk management gone amuck
By now you're aware of Washington's funding of Solyndra, the now bankrupt energy company that received something north of a half billion dollars in government loans. In Wednesday's WSJ, Deborah Solomon had an article ("Solyndra Said to Have Violated Terms of Loan")...
Guidance Statement for OCIO Portfolios – TSG’s Key Takeaways and Summary
The CFA Institute has introduced a new Guidance Statement specifically for Outsourced Chief Investment Officer (OCIO) firms, providing a tailored framework designed specifically for OCIOs under the broader Global Investment Performance Standards (GIPS®)
Preparatory steps to GIPS Compliance
Steps to GIPS compliance, if you're not quite ready to comply We were recently asked the following: “Do you have any recommendations or best practices we should be employing now to provide an easier transition to GIPS® reporting in the future?” I guess we'd call these...
Valuing securities with stale prices for GIPS compliance
I am preparing to meet with a hedge fund client who wants to comply with GIPS(R) (Global Investment Performance Standards). As part of this preparation I am revisiting the recently published Guidance Statement on Alternative Investment Strategies and Structures. This...
Important GIPS Standards Updates and New Guidance
GIPS Standards: Important Updates and New Guidance
The Global Investment Performance Standards (GIPS®) continue to evolve, with several important updates provided during the GIPS Standards Update session at the 28th Annual GIPS Standards Conference held on September 17-18, 2024, in San Diego, CA.
Key Takeaways from CFA Institute’s Annual GIPS Standards Conference
The CFA Institute’s 28th Annual Global Investment Performance Standards (GIPS) Conference was held in San Diego, CA on September 17-18. One of the highlights of attending is the chance to reconnect with colleagues, industry contacts, and old friends.
Overcoming the fear of GIPS compliance
GIPS compliance brings more than opportunities Since its introduction nearly 20 years ago, the Global Investment Performance Standards (GIPS®) has brought with it much more than greater marketing opportunities, piece of mind, and improved operations. Just its...
Don’t Overlook the Draft GIPS Guidance Statement on OCIOs
There was a time when we saw new GIPS® guidance statements introduced on a pretty frequent basis; so much so, many of us were overwhelmed by them.Well, a new one was just introduced that addresses Outsourced Chief Investment Officers, or OCIOs. If your firm or...
Is the SEC Silently Cheerleading for the GIPS Standards?
Thirty-Plus years ago, when the Association for Investment Management & Research (AIMR) launched its Performance Presentation Standards (AIMR-PPS®), the United States Securities & Exchange Commission (SEC) showed support, but never formally endorsed it. Now...