On Monday, P&I Daily ran a story about an initiative we're behind to promote transparency into benchmark costs. And yesterday, we published a press release (which is available on the CNN Money page, NASDAQ as well as other news sources) that details much behind...
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
Promoting benchmark costs transparency: One custodian at a time …
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What George Carlin would say about money-weighted rates of return
"Those who dance are considered insane by those who cannot hear the music." Having never been a George Carlin fan, I must confess that I'm a bit surprised to be quoting him, but this line recently appeared on Facebook, and it immediately resonated with me, relative to...
A software vendor’s choice: to lead or to follow
I've conducted a few Software Certifications lately, and it recently occurred to me that software vendors can generally take two positions, which I simply refer to as: to lead, or to follow. And what do I mean by these terms? Well, let's take a look. A software...
A Performance Measurement Professional’s Dream vs. Reality
We created this fun video earlier this year, and hope you enjoy it. The intent: don't take ourselves too seriously. My younger son, Douglas, along with his friend, Debbie Barr, are the stars of the show; they're accompanied by some of our colleagues. Please let us...
Happy Thanksgiving from TSG!
This week we will celebrate Thanksgiving. And while it may be a holiday associated primarily with the United States, it's still worthwhile to periodically reflect upon those things we are thankful for. My list is excessive, and I won't detail it here, but will share...
GIPS Annual Notification Requirement: Maybe Not as Bad as You Thought
Arin Stancil, Managing Director and Principal at Guardian Performance Solutions LLC, is our guest blogger. As you have probably heard, earlier this year the CFA Institute proposed a new requirement for firms that claim compliance with the GIPS standards to provide...
TSG receives two Wealth & Money Management Awards
Not just one award, but two! Wealth & Money Management Awards We are extremely pleased and proud to announce that we received two Wealth & Money Management Awards. We were named: Best for GIPS Consulting Best for Performance Measurement. The awards were...
TSG Participates in NASDAQ Closing Bell Ceremony
Yesterday, Patrick Fowler, our company's President, Chris Spaulding; my older son and our company's EVP and head of Strategy and Business Development; and I participated in the NASDAQ closing bell ceremony. In addition, I was given the honor to be one of the three...
Moderating an important benchmark panel @ NASDAQ event
Anyone involved in investing knows how important benchmarks are. I was quite honored to have been asked by NASDAQ to host a benchmark panel at their upcoming Institutional Insights Forum. The session is titled Is it Time to Challenge Your Benchmarks? and will include...
Calculating beta … what to use?
During a recent Performance Measurement Think Tank call, I responded to the following question: When calculating the beta of the holdings in a portfolio (not the trailing returns), do you use the 1) trailing returns of the current holdings or 2) the returns of the...