Carl Bacon
Carl Bacon (born 1962), is a founding member of GIPS, having forged a successful career in the asset management industry. He was Vice President Head of Performance at JP Morgan Investment Management Inc. (Europe), he worked at F&C Investment Management Ltd. as Director of Risk Control and Performance, and before was Head of Performance for Royal Insurance Asset Management, which following a merger became Royal & SunAlliance.[1]
In addition to GIPS, Bacon was part of the establishment of the Investment Performance Council (IPC)[2] that was set up in 1999[3] as a think tank for performance measurement.[4] This Council replaced the Global Investment Performance Standards Committee. The IPC recently became the Executive Committee,[5][6] which continues the IPC's aims to support and encourage the application and expansion of GIPS, which came into effect in January 2000.[7]
Bacon is currently Chairman of the StatPro Group, an executive committee member of Investment-Performance.com and an Associate Tutor for financial services training company 7city Learning (part of the 7city Group) in the Performance Measurement category, running courses such as Advanced Attribution, Advanced Performance, GIPS and An Introduction to Performance Measurement.[8] He also runs his own consultancy business providing advice to asset managers on various risk and performance measurement issues.[9]
In 2012, Carl Bacon founded the Freedom Index, a nonprofit organisation that provides stock market indexes to the asset management community.[10]
Academic writing
- Carl Bacon "Practical Portfolio Performance Measurement and Attribution", (London, John Wiley & Sons. September 2004) ISBN 978-0-470-85679-6. 2nd Edition May 2008 ISBN 978-0-470-05928-9
- Carl Bacon "Practical Risk-adjusted Performance Measurement" John Wiley & Sons 2012 ISBN 978-1-118-36974-6
- Carl Bacon, Andrew Colin, Frederic Bardoux, Didier Cabon & Mathieu Cubilie "Advanced Portfolio Attribution Analysis - New Approaches to Return and Risk"
- Carl Bacon "How sharp is the Shape-ratio? - Risk-adjusted Performance Measures"
- Carl Bacon "Advanced Portfolio Attribution Analysis" Risk Books 2007 ISBN 978-1-904339-93-9
- Carl Bacon, David Carino & Arin Stancil "Rate of Return Measurement" CFA Institute, 2011
- Carl Bacon & Marc Wright "Return Attribution" CFA Institute, 2012
- Major Contributors: Carl Bacon, Dr Andrew Colin, Laurence Wormald "Portfolio Analysis - Advanced topics in performance measurement, risk and attribution" Editor: Timothy P. Ryan. (London, Risk Books. 2006) ISBN 1-904339-82-4.
- Carl Bacon is a three-time victor of the PMAR Battle Royale.
References
- ↑ "About Us @ RoyalSun.com". Archived from the original on August 11, 2007. Retrieved September 17, 2007.
- ↑ "IPC Members @ CFAPubs.org". Retrieved October 10, 2007.
- ↑ ""AIMR Establishes the Investment Performance Council to Coordinate Global Performance Presentation Standards" CFA Press Release". Retrieved October 10, 2007.
- ↑ "Global Investment Performance Fact Sheet @ CFAInstitute.org". Retrieved September 15, 2007.
- ↑ "Investment Performance Standards info @ CFAInstitute.org". Archived from the original on June 25, 2007. Retrieved October 8, 2007.
- ↑ "GIPS Executive Committee Governance Page @ GIPSStandards.org". Archived from the original on October 8, 2007. Retrieved October 9, 2007.
- ↑ ""Getting to Grips with GIPS" @ CrownAgents.co.uk" (PDF). Retrieved September 15, 2007.
- ↑ "Course Catalogue @ 7city.com". Retrieved October 9, 2007.
- ↑ "Carl Bacon Biography @ StatPro.com". Retrieved September 17, 2007.
- ↑ "About Us @ thefreeedomindex.com". Retrieved September 19, 2012.
External links
- Carl Bacon Biography at StatPro.com
- What are GIPS?
- Investment Performance Standards Information & History from the CFA Institute Centre
- GIPS website
- UK Investment Performance Committee (UKIPC)
- Practical Portfolio Performance Measurement and Attribution @ StatPro.com
- Practical Portfolio Performance Measurement and Attribution @ Wiley & Sons Publishers
- The Freedom Index website
- Carl Bacon Biography at thefreedomindex.com