by admin | May 27, 2010 | Investment Performance Guy, News
I’m conducting a review of a client’s performance reports. When reporting by country, if there is no risk-free rate for that country, a zero value is used (e.g., for Sharpe ratio, Jensen’s alpha). Why?Risk-free rates can be quite complex; perhaps...
by admin | May 27, 2010 | GIPS, Global Investment Performance Standards
I recently conducted a “mini verification” for a client wanted us to do a high level check on a manager who both claimed compliance with the Global Investment Performance Standards (GIPS(R)) and had been verified. As I always do, I asked to see all their...
by admin | May 26, 2010 | GIPS, Global Investment Performance Standards
Our 8th annual Performance Measurement, Attribution & Risk conference was held last week in Jersey City, NJ. And while Jersey City might not seem like a “dream location” for a conference, the Hyatt turned out to be a superb venue. From our conference...
by admin | May 26, 2010 | Investment Performance Guy, News
This week has seen the conclusion for the six-year run of the television show, Lost. My wife and I have been avid viewers for some time and anxiously awaited this final episode. I like the show so much that I am a “fan” of the show on Facebook. And this...
by admin | May 20, 2010 | GIPS, Global Investment Performance Standards
A GIPS(R) (Global Investment Performance Standards) client asked if a certain disclosure is needed. They, like a few firms, include language such as: The collection of fees produces a compounding effect on the total rate of return net of management fees. As an...
