by admin | Feb 10, 2011 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting
I love the weekend edition of The Wall Street Journal. Invariably I find one or more articles to reference in one place or another. And this past weekend it was Matt Ridley’s “A Key Lesson of Adulthood: The Need to Unlearn.” As Matt so correctly put...
by admin | Feb 9, 2011 | GIPS, Global Investment Performance Standards
A recent blog post questioned the value of having quarterly verifications done. Interestingly, we received the following response: “Running the verification on a quarterly schedule can help catch any possible errors sooner, rather than later, potentially...
by admin | Feb 3, 2011 | GIPS, Global Investment Performance Standards
At times it appears that many individuals in performance measurement, as well as those on the periphery (e.g., portfolio managers), see GIPS(R) (Global Investment Performance Standards) as being at the center of everything we do. It’s quite common to hear, for...
by admin | Feb 2, 2011 | GIPS, Global Investment Performance Standards, rates of return
I conducted a GIPS(R) (Global Investment Performance Standards) verification for a client on Monday and was asked if it made sense to calculate returns in multiple ways. That is, if they know that the client’s custodian or consultant calculates returns using a...
by admin | Jan 31, 2011 | GIPS, Global Investment Performance Standards
I have always enjoyed history; so much so that when I went to college there were only two subjects I considered majoring in: math and history. I chose math because I thought there were greater prospects for jobs with this major, though I have continued to support my...
by admin | Jan 26, 2011 | GIPS, Global Investment Performance Standards, verification
One of our GIPS(R) (Global Investment Performance Standards) verification clients recently mentioned that they may be under pressure to move to quarterly verifications. I found this of great interest, because we, and most other verification firms, recommend annual...
