The General Knowledge page on Facebook has a link to a online article on corporate logos, which I found quite interesting. I'll share two here. I think Coke is the most recognized brand in the world; their hidden symbolism wasn't even known to them! I asked Patrick...
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
Corporate logos and their hidden meanings, including TSG’s
read more
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. ...
Corrections on the appropriateness of the internal rate of return
You're entitled to your own opinion, but you're not entitled to your own facts Daniel Patrick Moynihan I'll confess a bit of surprise when I saw that my friend and colleague, Carl Bacon, CIPM, was speaking at the annual GIPS(R) conference this month on the subject of...
A tip for performance software development: store less, calculate more
I was teaching a custom version of our Fundamentals of Performance Measurement class for a university foundation earlier this month, when I stumbled upon this slogan: "store less, calculate more." It applies to performance software development, and is probably worthy...
Annualizing rates of return: might trade days be better than calendar days?
We teach how to annualize rates of return in our Fundamentals of Performance Measurement course. Invariably, someone will ask whether using trade days might be better than calendar days. I normally give a brief explanation as to why it wouldn't, and then move on. But...
Quarterly GIPS verifications: why?
I just completed the second quarter 2015 non-GIPS(R) (Global Investment Performance Standards) verification for a client. We generally recommend only doing annual, but are very happy to do quarterly (for GIPS or non-GIPS), as they mean more revenue for our firm (we...
Is it time to replace “discretionary” with “representative” for the GIPS Standards?
Let's face it, there's a lot about the Global Investment Performance Standards (GIPS(R)) that can be confusing, and much is owed to some of the terminology that's used. This post will only focus on one of those terms: discretionary, as in "all fee actual, fee paying,...