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...
by admin | Mar 18, 2010 | GIPS, Global Investment Performance Standards
In today’s webinar on GIPS 2010 one of the attendees (participants?) asked if for the new GIPS(R) 2010 (Global Investment Performance Standards) requirement to report 3-year annualized standard deviation, if an asset weighted version of standard deviation would...
by admin | Mar 16, 2010 | GIPS, Global Investment Performance Standards, verification
How does one go about choosing their GIPS(R) (Global Investment Performance Standards) verifier? There is little guidance provided and it’s very easy to use criteria which is less than ideal. I’ve compiled this list and hope you find it of value (as...
by admin | Mar 15, 2010 | GIPS, Global Investment Performance Standards, risk, risk management
We spend a great deal of time debating the value of various risk measures, arguing, for example, whether it’s appropriate for the Global Investment Performance Standards (GIPS(R)) to require the disclosure of the 3-year annualized standard deviation or whether...
by admin | Mar 10, 2010 | GIPS, Global Investment Performance Standards
I was at a client yesterday conducting a verification, and a colleague, who is quite well versed on the Global Investment Performance Standards (GIPS(R)), pointed out that the planned (1 January 2010) requirement to revalue portfolios for large external cash flows had...
