by John D. Simpson, CIPM | Apr 6, 2015 | CIPM Exam Tips & Tricks
Last week I discovered an error in a diagram in the Fixed Income Attribution reading at the Expert Level of the CIPM curriculum. I have made CFA Institute aware of the error and suspect they will issue a correction soon, but I want to make candidates aware of this in...
by John D. Simpson, CIPM | Feb 18, 2015 | CIPM Exam Tips & Tricks
Occasionally when I am doing GIPS verifications, I come across situations where a firm has a fixed-life, fixed-commitment investment vehicle that they want to present performance for in compliance with the GIPS standards. Because the firm controls the external cash...
by John D. Simpson, CIPM | Aug 26, 2014 | CIPM Exam Tips & Tricks
In a previous post I introduced two forms of the differential return equation that are included in the CIPM curriculum at the Principles Level: differential return using standard deviation differential return using beta If it seems that the differential return formula...
by John D. Simpson, CIPM | Aug 12, 2014 | CIPM Exam Tips & Tricks
Differential return is a risk-adjusted performance measure that many CIPM candidates have not see before, and as a result, I get a lot of questions asking what exactly is the differential return… what does it mean and how should it be interpreted. Thus, I have...
by TSG | Jul 16, 2013 | performance measurement, Performance Perspectives Newsletter
VOLUME 10 – ISSUE 11 July 2013 Download PDF...