Institutional investors

The T Standard Calculating performance during a portfolio transition We developed the T Standard to help investors measure the performance of portfolios during a transition. It's an important step toward bringing transition management to the same consistency expected in more traditional forms of performance measurement. To ensure the T Standard remains the most robust guideline available, we're currently inviting all interested parties to examine the metric and provide feedback to us through the end of June on how the existing standard may be enhanced. The T Standard can help you by:   Presenting results from your perspective. T Standard reporting is consistent with implementation shortfall and with CFA Institute performance standards. Showing the impact of any undisclosed activities In a recent analysis, 38 of 45 transitions under-reported performance (average: 30.9 basis points)¹. With the T Standard, you know exactly how your investments performed throughout your transition. Making it easier to compare and evaluate proposals. The T Standard is a step forward in providing meaningful composite track records for clients. Allowing meaningful analysis of outcome. The T Standard makes it harder for providers to disguise poor outcomes. Because we use the T Standard, you can count on the accuracy of our estimate and the actual results we report. We also use the T Ratio to give you a context for comparing transitions that differ in complexity. Learn more about the T Ratio. To learn more about the T Standard and our capabilities in portfolio transitions, please contact David or Gerry:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 ¹ Source: Russell Investment Group. Based on data provided by institutional investors for non-Russell events between 1999 and November 2008. Russell Implementation Services Inc., member FINRA, SIPC. www.finra.org Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. USIMSLRC3038			Related information The T Standard 2.0 The T Ratio Printer friendly version of this page