LONDON--Peter Ellis, former rocket scientist (no, really!) and currently director of performance at Deutsche Asset Management (DeAM), thinks the idea of producing accurate performance reports once a month or once per quarter is not good enough. He thinks getting performance right only once in those timeframes--even if custom client requirements do require highly manual, costly processes--is an indictment of the way performance works. "The number of people manually moving and amending data,"
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.Subscribe to Weekly Wrap emails