At yesterday's TSG PMAR Europe III in London, Stefan Illmer (for) battled John D. Simpson (opposed) on the subject of client reporting standards: Stefan was victorious. Stefan's victory should not be interpreted as support for the standards, as the vote is intended to...
Performance Perspectives Blog
Thoughts on performance measurement from David Spaulding and other members of our team.
Client Reporting: Needed or Not?
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Client Focus is Key
TSG's Performance Measurement, Attribution & Risk (PMAR) Europe III conference is this week in London, and yesterday was our first day of the program (we conclude the conference today).In my opening remarks this morning I intend to comment that a common theme has...
How to Win the Hearts and Minds of Consultants
I spoke earlier this year on Asset.TV, on a panel that addressed hedge funds, including compliance matters and the potential for them to comply with the Global Investment Performance Standards (GIPS(R)). Lillian Jones, CEO of Jones Emerging Investment Advisors, Inc....
A new risk: password security
The following was shared with me by my wife; this was passed along to her by an IT professional. I thought it worth sharing with you.As you may or may not have heard, if you have a LinkedIn or eHarmony account, significant numbers of passwords were not only stolen,...
Spring 2012 Exam Results coming to you soon from CFA Institute…
Just in case you didn't notice, CFA Institute has indicated on their web page that the exam results for the Spring 2012 window will be sent to candidates soon:CIPM Exam Results April 2012 exam results will be e-mailed after 9:00 a.m. ET on 13 June.Hope you all did...
Marrying Performance & Risk
Earlier this year I spoke at the New York Society of Security Analysts (NYSSA) on a panel with Leah Modigliani and Jonathan Boersma; our topic was "marrying performance and risk." I think the highlight of the evening was the chance to hear the co-developer of the...
Why security level attribution?
I am working on my doctoral dissertation (hoping to have it completed by the end of the year), and wanted to cite comments I've made regarding my questioning of the value of having security level attribution, but can't find anything in writing. This doesn't mean I...
PMAR X: A HUGE success
TSG held its 10th annual North America Performance Measurement, Attribution & Risk Conference last month at the Ritz Carlton in Philadelphia; it was EXTREMELY well received, as evidenced by the comments made by both participants and cosponsors.We had record...
Why I Oppose Mandatory GIPS Compliance
The May 31, 2012 issue of FundFire reported that the majority of participants of a recent poll support making compliance with the Global Investment Performance Standards (GIPS(R)) mandatory. I object!Actually,I STRONGLY OBJECT!I have never been a fan of being...
10 Steps to GIPS Compliance
TSG's latest book, TSG's Guide to the Performance Presentation Standards (Spaulding, Simpson & Schneider) includes 10 steps for firms to achieve compliance with GIPS(R) (Global Investment Performance Standards). I thought I'd share them with you:Read the book (the...