GIPS Compliance

The GIPS Technical Committee is seeking comments on a newly proposed Guidance Statement. The purpose of the Guidance Statement is to address applying the GIPS Standards® to broadly-distributed pooled funds, as the existing standards do not directly address these funds.

Broadly distributed pooled funds (BDPFs) are funds which…more

We often discuss calculating and presenting investment performance with clients, prospects, and colleagues.

These conversations normally lead to a discussion about the Global Investment Performance Standards and what is allowed or is not allowed.

We are also occasionally asked about calculating and presenting hypothetical, back-tested performance.

Using hypothetical, back…more

The CFA Institute recently released its Guidance Statement on the Application of the GIPS Standards to Asset Owners. The Guidance Statement becomes effective on January 1, 2015. Overall, this Guidance Statement clarifies how the Global Investment Performance Standards (GIPS) can be applied by asset owners looking to claim compliance with…more

The GIPS Executive Committee recently implemented a requirement for firms that claim compliance with the GIPS Standards. All firms claiming GIPS compliance must now notify the CFA Institute of their claim of the compliance on an annual basis.

The notification will be done utilizing an online form. Firm name, contact…more

The Global Investment Performance Standards (GIPS) provide a voluntary framework for investment managers to use in presenting their investment performance. GIPS compliance has become increasingly important, particularly when dealing with institutional investors who often insist upon it.

GIPS verifications test whether a firm has complied with the GIPS composite construction…more

The Global Investment Performance Standards (GIPS) were created and funded by the CFA Institute to provide an ethical framework for the calculation and presentation of the investment performance history of an investment firm. Many investment firms understand that GIPS verifications are the primary key to gaining access to institutional assets…more