Global Investment Performance Standards (GIPS)
The Global Investment Performance Standards (GIPS®) are voluntary standards based on the fundamental principles of full disclosure and fair representation of investment performance results. A global standard for investment performance reporting gives investors around the world the additional transparency they need to compare and evaluate investment managers.
CFA Institute is updating its Global Investment Performance Standards (GIPS®), and listening to stakeholders’ needs is key to evolving them to be truly universally applicable to all asset types.
As CFA Institute celebrates the 30th anniversary of performance standards, there is cause to celebrate that approximately 1,600 firms claim compliance with the Global Investment Performance Standards (GIPS®) and that there are 40+ GIPS Sponsors supporting the GIPS standards…. READ MORE ›
Regional representatives learn more about GIPS 2020 and use design thinking to create action plans for promoting the GIPS standards.
The independence of a verifier assessing the correctness of performance reports is critical. The new GIPS® guidance statement from CFA Institute further clarifies this important role.
Complying with the GIPS® standards is a significant undertaking with many nuances. Firms and consultants alike often have questions, and the GIPS team works hard to provide resources to help.
In a step toward being relevant for all investment vehicles and in response to requests from the industry, new guidance on applying the GIPS® standards to pooled funds will be available soon.
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.
The ever changing investment management industry means the GIPS standards also have to evolve to remain relevant and continue to provide maximum value.
As alternative investment strategies become mainstream, complying with the GIPS standards will help alternatives managers stand out from the crowd.
Dan diBartolomeo discusses behavioral aspects of risk in financial markets, including how individual behavior shapes the way industry deals with risk and common risk measures that are potentially useful but often misunderstood.
Experts who share best practices and speak to key issues and major developments in the performance measurement field make this conference essential for any performance or compliance professional.
CFA Institute survey reveals how GIPS-compliant firms are identifying and dealing with errors in compliant presentations.
Topping the list of GIPS standards compliance problems: inadequate documentation of policies and procedures.
SEC’s Bowden: False claims of GIPS compliance, verification, and performance can lead to civil & criminal penalties.
The investment industry may be headed toward a future where GIPS-compliant presentations are seen more frequently than noncompliant ones.