Carl Bacon
Encyclopedia
Carl Bacon http://www.statpro.com/eventsandeducation/statproresearch_books.php?pid=sr (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
.
In addition to GIPS, Carl was part of the establishment of the Investment Performance Council (IPC) that was set up in 1999 as a think tank
for performance measurement. This Council replaced the Global Investment Performance Standards Committee. The IPC recently became the Executive Committee, which continues the IPC's aims to support and encourage the application and expansion of GIPS, which came into effect in January 2000.
Carl 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. He also runs his own consultancy business providing advice to asset managers on various risk and performance measurement issues.
Carl Bacon "Advanced Portfolio Attribution Analysis" Risk Books 2007 ISBN 978-1-904339-93-9
Royal & SunAlliance
RSA Insurance Group plc , commonly known as RSA, is a global general insurance company headquartered in London, United Kingdom. It has over 20 million customers in 36 countries across Asia, Europe, North America and South America....
.
In addition to GIPS, Carl was part of the establishment of the Investment Performance Council (IPC) that was set up in 1999 as a think tank
Think tank
A think tank is an organization that conducts research and engages in advocacy in areas such as social policy, political strategy, economics, military, and technology issues. Most think tanks are non-profit organizations, which some countries such as the United States and Canada provide with tax...
for performance measurement. This Council replaced the Global Investment Performance Standards Committee. The IPC recently became the Executive Committee, which continues the IPC's aims to support and encourage the application and expansion of GIPS, which came into effect in January 2000.
Carl Bacon is currently Chairman of the StatPro Group
StatPro Group
StatPro Group Plc is a provider of asset valuation services and portfolio analysis solutions for the global asset management industry. Set up in 1994 by Chief Executive Justin Wheatley, the company's investment products stem from specialisation in financial data and analysis solutions for risk...
, 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
Performance Measurement
Performance measurement with a process is the complement to process execution. Based on measured performance, the feedback control loop may be closed. The metrics to assess performance is set according to a determined econometric model...
category, running courses such as Advanced Attribution, Advanced Performance, GIPS and An Introduction to Performance Measurement. He also runs his own consultancy business providing advice to asset managers on various risk and performance measurement issues.
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 978-0470059289
- 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
- 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 1904339824.
- Carl Bacon is a three-time victor of the PMAR Battle Royale.
External links
- Carl Bacon Biography @ 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