Career
He was Vice President Head of Performance at Justice of the Peace Morgan Investment Management Incorporated. (Europe), he worked at F&C Investment Management Limited. 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, Bacon 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. He also runs his own consultancy business providing advice to asset managers on various risk and performance measurement issues.
In 2012, Carl Bacon founded the Freedom Index, a nonprofit organisation that provides stock market indexes to the asset management community. Carl Bacon "Practical Portfolio Performance Measurement and Attribution", (London, John Wiley & Sons September 2004).
2nd Edition May 2008
Carl Bacon "Practical Risk-adjusted Performance Measurement" John Wiley & Sons 2012
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"
Read an Excerpt: from Wiley & Sons Publishers
Carl Bacon "Advanced Portfolio Attribution Analysis" Risk Books 2007
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, Doctor Andrew Colin, Laurence Wormald "Portfolio Analysis - Advanced topics in performance measurement, risk and attribution" Editor: Timothy P. Ryan.
(London, Risk Books 2006). Carl Bacon is a three-time victor of the PMAR Battle Royale.
