I was recently interviewed by Money magazine on the subject of benchmark rebalancing. Let's say your strategy is 70% equities and 30% bonds, and you are using the S&P 500 for the equity component and the Barclay's Agg for bonds. At some point, because market...

A GIPS(R) (Global Investment Performance Standards) verification client sent me this question, just before our Labor Day weekend break (and I'll paraphrase): if we change or remove supplemental information, must we disclose it?Neither the Standards nor the...

I will host a webinar on Monday, September 17, at 11:00 AM EST, titled "The Ten Most Common Mistakes GIPS Compliant Firms Make." This is a FREE webinar, but space is limited, so please contact us soon (either by calling 732-873-5700 or emailing Patrick Fowler)....

The headline in today's Home News Tribune (a central New Jersey newspaper) is titled "Probe: Teachers enabled cheating." It points out how last year Woodbridge administrators and teachers were celebrating because New Jersey state's School...

It's election time here in the United Staes, so it's appropriate to cite a few of our presidents. America's 37th president (Richard Nixon) is often recalled for his "let me make this perfectly clear" line. Our 42nd president (Bill Clinton) didn't use the term "clear,"...

TSG offers Operational Reviews and Software Certifications, both of which expose us to formulas that firms put into use. Sometimes, they are variations of formulas that have been around for years; but occasionally, they're brand new; ones the clients developed...

This post's headline comes from a book by the late Chet Holmes. It's doubtful, very doubtful, that anyone would disagree with such a statement. Our firm provides several training courses, but nothing that deals specifically with technology ... well, this...

Carl Bacon, CIPM, when asked to contrast geometric and arithmetic attribution, will no doubt point out the chief advantages geometric offers:Proportional: the active return is a ratio, not a difference, as we find with arithmetic. Convertible: the active return is...

I am home this week, working on my doctoral dissertation proposal, and need references to cite for a "personal rate of return." And so, like any good researcher, I began with a "Google search," and found the "Finance guy's" blog, which has a post on this...

It was just yesterday that I commented on a WSJ article that spoke of the potential misuse of statistics. And today, in this very paper, on the top of page B1 we read the headline "BMW's 'Demo' Sales Boost Results." The article speaks of how BMW reported a sale of...