by admin | Nov 13, 2009 | GIPS
Today at our European Forum meeting we learned that a Q&A has been issued regarding the Error & Correction Guidance Statement. Recall that this GS includes a requirement to report material errors in a presentation for a period of 12 months; this was a major...
by admin | Nov 11, 2009 | GIPS, verification
The GIPS (r) standards allow verifiers to use sampling to conduct their reviews. This makes perfect sense … otherwise, the costs might be prohibitive if every account, for every time period, for every composite had to be checked. Also, sampling has long been an...
by admin | Nov 6, 2009 | GIPS
In explaining GIPS(R) discretion to a client, I hit upon a metaphor: cooking. Let’s say you go out to a fancy restaurant that is serving the “chef’s special” that evening. It sounds quite appealing, except you’d like to alter it in some...
by admin | Nov 3, 2009 | attribution, GIPS, Returns, risk
Through this blog I recently received a question that wasn’t related to a specific post. I opted not to respond because (a) I didn’t know who it was from (it was sent anonymously) and (b) it didn’t fit what it was tied to. I will be happy to respond...
by admin | Nov 2, 2009 | GIPS, risk
Our monthly newsletter went out last week, and we immediately received inquiries and comments about one of the topics: risk. I extended my recent blog remarks on this subject to shed further light on it, but there’s still confusion and a need for greater...
by admin | Oct 29, 2009 | GIPS
For the past year much of the focus regarding the GIPS(R) standards has been on “GIPS 2010,” the next edition of the Global Investment Performance Standards, to be published in early 2010 (thus the “2010” in the name) and to go into effect in...
