Tricia Nelson Bailey, of Waddell & Reed, and I will conduct a webinar later this month (February 26, @ 11 AM EST) on nested attribution.What we mean by nested attribution is the case where the attribution is done down to additional levels. Typically, we see two...

I am listening to Dale Carneige's How to Win Friends & Influence People, a book I read about 15 years ago, and wish I had read 40 years ago. In it, he references this little poem, which I think all parents can benefit from. I wish I had heard it 40 years ago,...

I purchased Nate Silver's The signal and the noise a few months ago, and it's been patiently waiting for me to crack its cover. Well, I finally did, and I am very much enjoying it, as I suspected I would (it was reviewed last year in the WSJ).I will no doubt turn to...

One of our verification clients has the following situation, which I think is interesting. They have a client who has their money invested in three classes: equities, bonds, and real estate. Because the firm wishes to utilize carve-outs, they've constructed three...

Last year, TSG announced its intention to contribute a portion of the sale of (1) a book that was missing part of the reference section (Handbook of Investment Performance Measurement, 2nd edition), which we offer at a huge discount (turning lemons into...

We thought the industry pretty much agreed that compliance with the Global Investment Performance Standards (GIPS®) was a virtual requirement for asset managers targeting the institutional market, especially in the States, but we’ve recently encountered a couple firms...

By now, you've probably heard about the group of Harvard University students who were caught cheating on a take-home exam. When you learn the details, I think you have to wonder about the supposed higher intelligence of Harvard students, but that's a different...

You may be old enough to recall the TV show, Hill Street Blues, where the sergeant would, at the start of each shift, tell the police officers to "be careful out there." Well, we need it said to us, too!I got an email this week with the following:I've annotated...

The concept of "spinning" is often associated with politics and the news: that is, how one spins a story, so as to alter its appearance or focus. Spinning thus is often seen in a negative light, as it may appear to be a trick to present something differently to better...