by admin | Apr 6, 2011 | money-weighting, plan sponsor, time-weighting
I recently suggested to a plan sponsor that they consider using money-weighting as well as time-weighting, pointing out that since they control the cash flows, such an analysis would provide some value. Well, today I got an email which offered the following:It appears...
by admin | Mar 4, 2011 | GIPS, Global Investment Performance Standards, money-weighting, time-weighting
I recently wrote a letter to Pensions & Investments, which was published in their February 21 issue. Titled “Flaw in time-weighting return,” it was a response to an earlier P&I article that discussed how plan sponsors need to ensure they’re...
by admin | Mar 3, 2011 | money-weighting, time-weighting
I am confident that anyone who has been involved with the development of software will agree that the first 90% of a project is much easier to accomplish than the last 10%; the balance sometimes takes “forever!” Even husbands who take on home projects...
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 | Jan 11, 2011 | GIPS, Global Investment Performance Standards, IRR, money-weighting, time-weighting
A client asked about the “general landscape among financial companies in terms of usage of different performance engines/performance calculations.” Specifically whether true daily or Modified Dietz is prevalent when it comes to portfolio and security level...
by admin | Nov 29, 2010 | money-weighting, time-weighting
While “risk” seems to be a more commonly found topic in the Wall Street Journal, I was pleased to see this advertisement appear in this past weekend’s edition. First, it’s wonderful to see a focus on diplomas, especially for inter-city...