by admin | Feb 9, 2010 | After-tax, GIPS, Global Investment Performance Standards
You may have heard that the after-tax rules that are in the current version of the Global Investment Performance Standards (GIPS(R)) will be no more, as-of 1 January 2011. And so, what do you do if (a) your firm currently provides after-tax composites that conform to...
by admin | Feb 9, 2010 | GIPS, Global Investment Performance Standards
We learned that one cannot necessarily be an early adopter of the new edition of GIPS. If you want to add items (e.g., the soon-to-be-requirement to have a 3-year annualized standard deviation or the statement about your status vis-à-vis verification), that’s...
by admin | Feb 8, 2010 | GIPS, Global Investment Performance Standards
We’re in discussions with a new GIPS (R) (Global Investment Performance Standards) verification client, which is a “lift out” from a prior firm. In reviewing their organizational makeup, some staffing questions arose for which there don’t...
by admin | Feb 7, 2010 | GIPS, Global Investment Performance Standards
Today marks the 99th anniversary of Ronald Reagan’s birth. And so it’s fitting to recall one of his signature lines: “trust, but verify” (the Russian version is in this entry’s title). Perhaps it’s a coincidence that Jason Zweig...
by admin | Feb 4, 2010 | GIPS, Global Investment Performance Standards
Within the Global Investment Performance Standards (GIPS(R)), recommendations are to be considered “best practice.” But what exactly IS “best practice?” I did a quick Google search and found some interesting definitions: The practice that...
by admin | Feb 4, 2010 | GIPS, Global Investment Performance Standards
“I’m late! For a very important date! No time to say hello, goodbye! I’m late, I’m late, I’m late!” Thus, spoke the White Rabbit from Alice in Wonderland. But you probably knew that. When it comes to adopting the new requirements for the Global Investment...
