by admin | Apr 14, 2010 | GIPS, Global Investment Performance Standards
I received a question from a software vendor: “[can you build] a composite from the security-level holdings of member portfolios met GIPS(R) [Global Investment Performance Standards] rather than asset-weighting the ROR’s? We have a client that wants to do...
by admin | Apr 7, 2010 | GIPS, Global Investment Performance Standards
Defining materiality can be a challenge: but if you thought doing it regarding returns was difficult, think about the other areas where it will be required for firms that claim compliance with the Global Investment Performance Standards (GIPS(R)), as a result of GIPS...
by admin | Apr 3, 2010 | Fair value, GIPS, Global Investment Performance Standards
This past week I spoke at First Rate’s annual user conference in Arlington, Texas. My topic was GIPS(R) 2010, the new edition of the Global Investment Performance Standards, though we touched on other topics, such as the CIPM exam. When queried about the CIPM, I...
by admin | Mar 30, 2010 | GIPS, Global Investment Performance Standards, risk
At a recent presentation on the new version of the Global Investment Performance Standards (GIPS(R) 2010), I was asked if the asset-weighted standard deviation would be permitted for the new requirement to report a three year, annualized standard deviation. Once again...
by admin | Mar 25, 2010 | GIPS, Global Investment Performance Standards
I was at the Advent Users’ Group Conference in Chicago today, delivering a talk on the upcoming changes to the Global Investment Performance Standards (GIPS(R)). While there were several questions posed, a few dealt with the subject of “large cash...
by admin | Mar 23, 2010 | GIPS, Global Investment Performance Standards
The term “material” or “materiality” appears several times within the Global Investment Performance Standards (GIPS(R)). Perhaps the most recent addition that requires attention is its use in the new Error Correction Guidance. It seems odd to...
