by admin | Jan 7, 2011 | GIPS, Global Investment Performance Standards
It is becoming increasingly obvious that there is still confusion regarding GIPS(R) 2010, which went into effect on January 1, 2011; just yesterday I got a call from a verification client who wanted to make sure she was fully prepared for my upcoming visit. Any firm...
by admin | Dec 31, 2010 | GIPS, Global Investment Performance Standards
Funny what we can do with Google: type in just about anything and you’ll be whisked away to one or more potential sites to provide you with information related to your inquiry. I entered the title for this post and was sent to a Yahoo site that addresses this...
by admin | Dec 21, 2010 | GIPS, Global Investment Performance Standards
You may recall that the only major controversy regarding the AIMR Performance Presentation Standards (AIMR-PPS(R)) was the use of asset-weighted returns, rather than equal-weighted. Two groups in particular, the Investment Management Consultant’s Association...
by admin | Dec 20, 2010 | CFA Institute, CIPM, CIPM expert, CIPM Principles, GIPS
Well, I’m not sure if it got harder… but certainly there is quite a bit more content? I am in the process of updating the materials I use to teach TSG’s CIPM Prep Classes (Principles and Expert Levels), and in reviewing the 2011 curriculum, I see...
by admin | Dec 20, 2010 | GIPS, Global Investment Performance Standards
A client of ours asked us the following: Is their a distinction between being a GIPS® compliant firm and claiming that our performance is GIPS verified? In other words, is the industry standard to have all advertisements and websites GIPS verified if your performance...
by admin | Dec 14, 2010 | GIPS, Global Investment Performance Standards
Many firms provide their clients or prospective clients with net-of-fee returns. I happen not to generally like these in a GIPS(R) (Global Investment Performance Standards) presentation, as their value is questionable. If you use actual fees, these fees typically...
