Jul 30, 2012
Historically low interest rates. Massive government stimulus. Rising standards of living creating commodities shortages. Turmoil in the Mid East and energy uncertainty. The recent “lost decade” for equities. Investors are rattled, and many expect an inevitable rise in interest rates, if not runaway inflation.
Jul 26, 2012
Once again we are in the midst of quarter-end reporting. Across the financial industry everyone is busy preparing and analyzing performance figures through June 30th, 2012. Quite often people look to the “long-term” five year numbers. But today we aren’t looking at just any ordinary five-year number. The five years through June 30th, 2012 incorporates one heck of a wild ride.
Jul 11, 2012
With the recent hedging loss at JP Morgan swelling to the billions, the idea of Value-at-Risk is again in the spotlight. As with any risk measure, there are pros and cons. Unless one has a clear understanding of what is and isn’t being measured and the assumptions being made, VaR can misrepresent the risks of an investment.
Jun 28, 2012
The idea behind a universe or peer group analysis is to compare a manager against its peers through the analysis of various statistical values at different percentiles or their ranking within that peer group.
Jun 21, 2012
There have been great changes taking place at Zephyr Associates relating to our customer service. Over the last couple of years based on Zephyr’s “Voice of the Customer” feedback, we have been striving to create the best customer service experience possible. Take a look below at the exciting new things happening at Zephyr.