Get more! Sign up for PLANSPONSOR newsletters.
PIPODs Provide Earlier Performance Analysis
In its announcement, PPCA says PIPODs are all the portfolios that a manager could have held when selecting stocks from the constituents of a specific popular index such as the S&P 500. PIPODs are available several days after the end of a performance period.
PPCA says statistical significance is identified sooner than a comparable determination by using regression analysis because inferences are drawn in the cross-section rather than across time. The company also attests to the accuracy of PIPODs because PIPODs include all possible funds that could be created from a specific benchmark, like the S&P 500. Thefore, the benchmark return always ranks median.
The cost for these scientific universes for a specific report date (e.g. 12/31/05) is $50 for the entire set of 494 universes (38 indexes for 13 time periods each). For further information, contact Glenn Skidmore glenn.skidmore@InformaIS.com at(914) 509-1518.
PPCA’s Web site is www.PPCA-Inc.com .