by admin | Dec 31, 2010 | GIPS, Global Investment Performance Standards
Funny what we can do with Google: type in just about anything and you’ll be whisked away to one or more potential sites to provide you with information related to your inquiry. I entered the title for this post and was sent to a Yahoo site that addresses this...
by admin | Dec 28, 2010 | Investment Performance Guy, News
A client recently suggested that whenever a firm shows money-weighted returns (with the possible exception of private equity and direct real estate) the returns should always be net-of-fee, since they’re representing how the client is doing. I think this makes...
by admin | Dec 23, 2010 | Investment Performance Guy, News
Our office, like many, will be closing early today, and we won’t be open tomorrow. And so, I want to take this opportunity to express my wishes that you and your family have a Merry Christmas. Our country remains at war and we have many brave service members who...
by admin | Dec 22, 2010 | call options, CIPM, CIPM expert, delta, hedge ratio
When I teach TSG’s prep courses for the CIPM exams, I always advise candidates to carefully consider the Learning Outcome Statements in each study session, as these statements describe the subject matter that candidates are required to master. In particular, I...
by admin | Dec 21, 2010 | GIPS, Global Investment Performance Standards
You may recall that the only major controversy regarding the AIMR Performance Presentation Standards (AIMR-PPS(R)) was the use of asset-weighted returns, rather than equal-weighted. Two groups in particular, the Investment Management Consultant’s Association...