by admin | Sep 30, 2009 | GIPS
Recall that effective 1 January 2010, GIPS (r) compliant firms must revalue portfolios for large cash flows. This may be an issue, a costly one, for fixed income managers who today only value bonds weekly or monthly. I specifically asked, during last week’s GIPS...
by admin | Sep 30, 2009 | Investment Performance Guy, News
If you were to speak with virtually ANY of my English teachers you’d quickly learn how much I didn’t like being in class…I was a “math” guy early on and developed a firm belief that my general dislike for all things relating to writing...
by admin | Sep 29, 2009 | GIPS
Recall that the GIPS 2010 “exposure draft” proposed a requirement that firms be prohibited from giving a GIPS (R) composite presentation to prospects below their stated minimum. While this was characterized as a change from a “recommendation,”...
by admin | Sep 28, 2009 | Investment Performance Guy, News
Last week I had an “a ha” moment when during a meeting, discussion turned to the meaning of the term “plan sponsor.” I always considered it a broad expression, that refers to institutional clients (e.g., pension funds, endowments, foundations)....
by admin | Sep 28, 2009 | GIPS
One proposed change to the GIPS(r) standards that garnered a great deal of attention was to recommend that compliant firms annually send the appropriate composite presentation(s) to their existing clients. While this was merely a recommendation, many folks opposed it....
