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performance measurement and evaluation


The Evolution of the GIPS Standards: Introducing GIPS 20/20

GIPS 20:20 is the next update of the GIPS standards and the focus is on ensuring that the Standards are relevant for all asset classes and types of asset managers.

Finding Winners in Actively Managed Mutual Funds (Podcast)

Previous research has shown that the average actively managed mutual fund underperforms a low-cost index fund after accounting for fees and expenses, but a new paper quantifies the size of active positions and distinguishes between different types of active managers.