by admin | Jul 31, 2012 | Investment Performance Guy, News
A common challenge with asset managers is how to deal with what might be termed “orphan income”: income that arrives after the asset that produced it has departed the portfolio. This often happens when we sell a stock position after it has gone...
by admin | Jul 31, 2012 | Investment Performance Guy, News
In the past two weeks I’ve conducted two software certifications for TSG clients, and in both cases they had controls to test portfolio returns against specified benchmark tolerances. And, as you might expect, the fact that a portfolio blows...
by admin | Jul 26, 2012 | Investment Performance Guy, News
While exercising this morning, I caught an advertisement on the television for a supplement to help men guard against prostate cancer. I had the sound off, so don’t know what was said, but at one point noticed the following:Results not...
by admin | Jul 25, 2012 | Investment Performance Guy, News
Last week I began to conduct a software certification for a TSG software vendor client. My primary contact mentioned that they changed their policy for timing of cash flows, so that inflows default to start-of-day events, while outflows default to end-of-day (though...
by admin | Jul 24, 2012 | Investment Performance Guy, News
True Confession Time: years ago, when the concept of “supplemental information” was being introduced, I opposed the idea of actually “labeling” this information. While understanding the notion of supplemental is important, I didn’t see...
