安同学2020-02-11 17:28:24
请问reading6的11小题,既然已经有规定large cash flow 认定为发生在月底,在什么还要重新计算现金流前后的return呢?
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Chris Lan2020-02-12 10:52:44
同学你好
这个规定是他自己公司的,如果他要遵守GIPS,就必须按GIPS的要求来操作。
Provision I.2.A.2 specifies the use of time-weighted rates of return that adjust for external cash flows. For periods beginning on or after 1 January 2005, firms must approximate rates of return that adjust for daily weighted external cash flows, and we have seen that for periods beginning on or after 1 January 2010, firms must value portfolios on the date of all large external cash flows.
GIPS是有这么一条规定的,从2005年1月号开始要基于每日加权进行计算收益率的。所以他必须按GIPS的规定来做。
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