Performance Perspectives Blog

Thoughts on performance measurement from David Spaulding and other members of our team.

A cool word: battology

A cool word: battology

I love dictionary.com; it has a "word of the day" which is often one I'm unfamiliar with. While many are words that fail to inspire me, some do.A few weeks ago, battology was the word they introduced.What a great word! I knew at first it was one I'd like.When I...

read more
Sector returns: with or without cash

Sector returns: with or without cash

I recently conducted a "non-GIPS(R)" verification for a client's sector returns. They have sliced up their portfolio in a dozen ways (e.g., U.S. growth and value; small, mid, and large cap; emerging markets) and presented returns for a multi-year period. They chose to...

read more
Happy LDW (Labor Day Weekend)

Happy LDW (Labor Day Weekend)

Memorial Day is the "official" start of summer,and Labor Day the official end, despite the fact that both are technically off. But starting next week, we will pretty much return to "business as usual." Hoping you and your family had an enjoyable summer, and that this...

read more
Why retail investors could care less about rates of return

Why retail investors could care less about rates of return

I often hear from those who serve the retail market that they are rarely asked for their rates of return; this seems a bit odd, as it would make sense for investors to want to inquire into a prospective manager's track record.An article in this past weekend's WSJ...

read more

“Cool Words”

As grandparents of two boys (ages four and soon-to-be two), my wife and I have become acquainted with the television show "Yo Gabba Gabba." A regular feature is called "cool tricks," where a guest displays something they think is, well, cool! For example:I...

read more
Insights & Perspectives

Insights & Perspectives

It recently occurred to me how these two words, insights and perspectives, play a non insignificant (i.e., significant) role in performance measurement. I often reference both when I teach, but thought it appropriate to share some views here with you.InsightsMy...

read more
What about us?

What about us?

Earlier this year, the Global Investment Performance Standards (GIPS(R)) Executive Committee published a draft guidance statement which expands the reach of GIPS into the asset owner world. I have commented briefly on it here before, and wrote an article for Pensions...

read more
Should retail accounts be shown a benchmark?

Should retail accounts be shown a benchmark?

Last week, during a talk I was giving to a group of operations folks, someone asked my thoughts on showing benchmarks to retail investors; specifically, those that are non-discretionary.It's important to realize that benchmarks serve two purposes: first, as a way to...

read more

Free Subscription!

The Journal of Performance Measurement

The Performance Measurement Resource.

Click to Subscribe