by admin | Aug 22, 2013 | Investment Performance Guy, News
Earlier this year, the Global Investment Performance Standards (GIPS(R)) Executive Committee published a draft guidance statement which expands the reach of GIPS into the asset owner world. I have commented briefly on it here before, and wrote an article for Pensions...
by admin | Aug 21, 2013 | Investment Performance Guy, News
Last week, during a talk I was giving to a group of operations folks, someone asked my thoughts on showing benchmarks to retail investors; specifically, those that are non-discretionary.It’s important to realize that benchmarks serve two purposes: first, as a...
by TSG | Aug 16, 2013 | asset owners, Performance Perspectives Newsletter
VOLUME 10 – ISSUE 12 August 2013 Download PDF...
by admin | Aug 16, 2013 | Investment Performance Guy, News
For some time it’s been my view that time-weighting was oversold.That is, when nearly 50 years ago (1966, to be exact) Peter Dietz published his dissertation, promoting a return method to eliminate or reduce the impact of cash flows, his idea was so...
by admin | Aug 14, 2013 | Investment Performance Guy, News
I am in Montana this week, conducting a session titled “Current Topics in Performance Measurement” for a conference of operations folks. One individual asked about combining time- and money-weighting into a single number. I think the idea lacks merit, as...
