CFA Society Philadelphia
Suburban Luncheon: GIPS 2020 Update
September 26, 2019
Marriott Philadelphia West
Gulph Mills, PA
23rd Annual CFA Institute GIPS Standards Conference
September 11-12, 2019
Fairmont Scottsdale Princess
Scottsdale, AZ
The 2020 edition of the Global Investment Performance Standards (GIPS) was issued on 30 June 2019. Subject experts will address the key points you need to know to comply with, or continue to comply with, the GIPS standards. Asset allocators, regulatory experts, and compliance consultants will also address critical issues and major developments in their fields. This conference is essential for any performance or compliance professional.
Kreischer Miller will once again be exhibiting at this year’s GIPS Standards Conference. Stop by and see us!
More details about the CFA Institute GIPS Standards Conference.
The Journal of Performance Measurement’s 17th Annual Performance Measurement, Attribution & Risk Conference
PMAR XVII
May 14-15, 2019
Westin Philadelphia
Philadelphia, PA
Each year, the PMAR conference provides an opportunity for performance measurement professionals to learn about recent developments in performance, attribution, risk, and GIPS, as well as network with peers and gain new insights and solutions.
Kreischer Miller will once again be exhibiting at this year’s PMAR Conference. Stop by and see us!
CFA Society Boston
The 2020 Edition of the GIPS Standards Workshop/Roundtable
October 23, 2018
Wells Fargo Meeting Center
Boston, MA
Kreischer Miller’s Thomas Peters, who is a member of the GIPS Executive Committee, will be a speaker at this event.
More details about the conference.
Texas Alternative Investments Association
2018 Annual Austin Institutional Investor Workshop
October 4, 2018
Hilton Austin Downtown
Austin, TX
Kreischer Miller’s Thomas Peters will be a panelist for a session on Operational Due Diligence – The Added Complexity of Bespoke Structures.
More details about the conference.
22nd Annual CFA Institute GIPS Standards Conference
September 13-14, 2018
Renaissance Austin Hotel
Austin, TX
As the finance industry grows ever more interconnected, investors need standards of investment performance measurement and reporting that are reliable and comparable across markets – and professionals who can apply them. The GIPS Standards Annual Conference is focused on the implementation and application of the GIPS standards.
Kreischer Miller will once again be exhibiting at this year’s GIPS Standards Annual Conference. Stop by and see us!
More details about the CFA Institute GIPS Standards Annual Conference.
The release of the GIPS 2020 Exposure Draft is an exciting milestone in the development of the Global Investment Performance Standards (GIPS). The volunteers and CFA Institute staff worked hard to assemble performance presentation standards that reflect industry best-practices and that are useful and practical.
The GIPS 2020 Exposure Draft can be found at www.gipsstandards.org. Check out the website for full details.
At a high level, the GIPS 2020 Draft reflects changes to make it more relevant for many firms in the investment industry, including:
The GIPS 2020 Draft is proposing several changes that would impact all firms claiming compliance, including:
Public comment is a critical element of the standard-setting process. After reading the Draft, check out this document containing questions for public comment. Although you are free to comment on anything relating to the GIPS 2020 Draft, this document raises key questions that the GIPS Executive and Technical Committees have relating to the draft. The questions in the document can be found here. The comment period runs until December 31, 2018.
We will be issuing additional alerts with more details about the provisions in the Draft. If you have any questions in the interim, or would like to discuss how these new provisions may impact your business, please don’t hesitate to contact us.
We would be pleased to provide further information related to this subject. For more information, contact Thomas A. Peters, Director, Audit & Accounting at tpeters@kmco.com.
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The next version of GIPS is coming. A draft is expected to be released by the end of August with a comment deadline of December 31, 2018. After comments and feedback are received, the target issue date for the final version is June 30, 2019 with a planned effective date of January 1, 2020.
GIPS 2020 will introduce many changes to improve the standards and to ease the burden of compliance for asset owners, alternatives managers, and firms that manage funds. There are also many changes which should improve the standards for everybody.
New versions of GIPS are always released in a preliminary draft before being finalized. This is a good thing because it allows managers, owners, regulators, industry groups, and others to weigh in with their opinions. It is an important element of the standard setting process as it allows everybody in the investment industry to have a say.
Comment letters are read by the GIPS committees and are factored into crafting the final version. Please consider sending a comment letter in response to the draft, even if you only want to address particular topics. You can request confidential treatment if you do not want to have your comment letter posted online.
Be alert for the draft, which will be available soon on www.gipsstandards.org. Please feel free to contact us with any questions.
We would be pleased to provide further information related to this subject. For more information, contact Thomas A. Peters, Director, Audit & Accounting at tpeters@kmco.com.
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This seminar discussed the latest on regulatory and cyber security issues impacting your firm.