Latest from IPE Magazine – Page 670
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Features
GIPS - going for gold
In April 1999 the US Association for Investment Management and Research (AIMR) sponsored and published the Global Investment Performance Standards (GIPS®) Global Investment Performance Standards (GIPS) to meet the needs of the globalised investment management industry. As financial markets and investment management firms become increasingly global in nature, the variety ...
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Features
Compare against clients' goals
One good outcome of the stock market plunge of the last few years is that it has exposed ‘relative’ performance as a misleading indicator of financial health. The consultant who says to his client, “good news, your portfolio did better than the market, now please contribute umpty ump million pounds ...
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Features
We have the technology
With the current move from equity to fixed interest sectors, the ability to perform comprehensive risk management on portfolios of fixed interest instruments is now more important than ever before. A major component of this is the ability to perform fixed interest attribution, or to isolate the effects of various ...
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Features
Custodians eye the front office
Portfolio management is a task most often associated with the front office, although this relationship is not exclusive. Certain elements of portfolio management, in particular accounting and administration, have long been the domain of the back office. Today, more so than ever before, the custodian’s role is gradually encroaching on ...
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Features
Every little helps
In a period of low or no returns, ideas for cost-cutting can look as attractive as any investment strategy to hard-pressed pension fund managers. So in this month’s Off the Record we ask managers how they think companies and other organisations can control the costs of their pension plans. The ...
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Features
Why outperformance will continue
For many institutional investors, an Asset Liability Management (ALM) analysis forms the basis of their strategic investment policy. The investment policy is aimed at matching the growth in value of future assets relative to the growth of future liabilities. In that respect there are two important criteria: (a) the average ...
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Features
EVCA launches 'good practice' for investor relations
“The success of any private equity and venture capital initiative depends on the establishment of a good relationship between the investors in the initiative and those establishing and managing it.” So opens the summary to the EVCA draft consultation paper on private equity good practice launched this month. The paper ...
