Global investment management firms have had long-standing challenges in complying with the patchwork of laws, regulations and market customs in the places where they do business. The problem is that across...

Global Investment Performance Standards (GIPS^®) are ever-evolving to keep up with the fast-changing investment industry.

The Global Investment Performance Standards (GIPS) quite correctly point out that valuing the portfolio and calculating interim returns each time there is an external cash flow is the most accurate method...

Stock- or security-level attribution is clearly required for “bottom-up” portfolio managers that are taking investment decisions at an individual security level. 

After a brief lull during the credit crisis performance (or incentive) fees are again becoming increasingly high profile.

It is now 20 years since the publication in the Financial Analysts Journal of the "Determinants of portfolio performance" by Brinson, Hood and Beebower, and together with "Measuring non-US equity portfolio...

Any discussion on risk-adjusted performance measures must start with the grandfather of all risk measures the Sharpe Ratio or Reward to Variability which divides the excess return of a portfolio in excess...

In one sense there ought not to be too much discussion about the relative merits of money-weighted or time-weighted attribution, the attribution methodology must be consistent with the methodology used to...