标题: GIPS (On Page 182, Book 5 of Schweser) [打印本页] 作者: mp3bu 时间: 2013-4-4 09:54 标题: GIPS (On Page 182, Book 5 of Schweser)
Hi, all!
about Calculation Methodology (Standard 2.A.2.);
Schweser says;
Standard 2.A.2.
For periods beginning Jan 1, 2010, firms must value portfolios on the date of all large external cash flows.
In calculating the performance of the portfolios within a composite, the GIPS require firms to use TWRR, computed using MINIMUM OF MONTHLY VALUATIONS and adjusting for cash flows.
this “using MINIMUM OF MONTHLY VALUATIONS” is right??
I can’t find such a comment in GIPS..
anyone can help me?作者: bkballa 时间: 2013-4-4 09:58
