How a Latin phrase makes its way into performance measurement On my way to conduct a GIPS(R) verification, I was listening to Buckley and Mailer: The Difficult Friendship That Shaped the Sixties, by Kevin M. Schultz. As the book's title suggests, it's about two...
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
Cui bono: mixing a little Latin with performance measurement
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New GIPS guidance statement: Broadly Distributed Pooled Funds
A new GIPS guidance statement has arrived There's a new sheriff in town (in the form of a new GIPS guidance statement), and he's carrying some seriously new proposed requirements for GIPS(R) (Global Investment Performance Standards) compliant firms who are engaged in...
Game Theory & Performance Measurement
This post may be a bit of a stretch, but hoping you'll find it of interest, nonetheless. It'll show how game theory can tie into performance measurement. My wife and I are big fans of the television game show, Jeopardy. We watch it each night, and record it so that if...
Security valuation problems: just when you thought you had it figured out
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 difficulties selling...
Isn’t Performance Measurement Just Math?
Our colleague and friend, Marshall Smith, CIPM of First Rate, recently posted the question that appears above, "Isn't Performance Measurement Just Math?," on LinkedIn. This, in turn takes you to their blog, where Marshall addresses this topic. I offered a brief...
Promoting market index cost transparency
Too many in our industry are unaware of the increases in benchmark costs. TSG is committed to promoting market index cost transparency, in order to shed increased light on this topic. For some time now, TSG has been working with three leading custodians (BNY Mellon,...
Money-weighted Rate of Return: a calculation to consider
Our friend and colleague, Dax Johnson, of State Street, posted a link to a page on LinkedIn that, in turn, takes you to a white paper they wrote, titled "Money-Weighted Rate of Return, a Calculation to Consider." As one who has been championing the use of...
Is TSG about to launch a performance system?
We're conducting a "mini survey" dealing with technology, and as a result of how the questions are worded, we're being asked if TSG is about to launch a performance system. There seems to be a rumor going around that we are. Well, the answer is ... (drum roll, please)...
TSG News
A great deal has been happening, and I thought that it would be okay to share a bit with you. It's not often (ever?) that I present TSG News, so hope you won't mind. Outsourcing Webinar: You were alerted of this last week (I did a post); that tomorrow, I'll moderate a...
Performance Measurement Outsourcing: worth considering?
A topic that often arises at our Performance Measurement Forum meetings is outsourcing: that is, whether or not firms should consider outsourcing some or all of their performance measurement function, what firms are outsourcing, and what's the experience been. ...