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...
Carl Bacon
Recent Posts
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.
Carl R. Bacon, CIPM, a performance measurement specialist, discusses the evolution of performance attribution, the latest developments in performance measurement, and the issue of ex post risk.
StatPro recently joined Australia’s Financial Services Council, the peer organization that represents Australia’s retail and wholesale funds management businesses, superannuation funds, life insurers and...
At our annual company away day earlier this summer, we engaged in heady discussions about StatPro Seven, our flagship middle office analytics solution, and StatPro Revolution, our new cloud-based platform...
Industry Training Best Practices
Your firm’s performance and credibility are critical to maintaining clients and attracting new ones.
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...