Monday, July 26, 2010
Aggregate method comments draw attention
I don't know how many vendors calculate their GIPS(R) (Global Investment Performance Standards) composite returns using the aggregate method, but believe that it's quite common. No vendor has reached out, yet, though I would suspect that some might. I wasn't attempting to cause any problems, but the evidence from my analysis does call into question this method's appropriateness.
Please let me know your thoughts, too!