by admin | Sep 28, 2009 | GIPS
One proposed change to the GIPS(r) standards that garnered a great deal of attention was to recommend that compliant firms annually send the appropriate composite presentation(s) to their existing clients. While this was merely a recommendation, many folks opposed it....
by admin | Sep 25, 2009 | GIPS, risk, Sharpe ratio, Standard Deviation
Okay, so the decision has been made: effective January 2011, GIPS compliant firms must report a 36-month annualized standard deviation, on an annual basis (that is, for all years starting with 2011). Further clarity is in order. First, is standard deviation risk?...
by admin | Sep 24, 2009 | GIPS
One great benefit from conferences is the questions that are posed … they sometimes identify things that weren’t previously considered. Effective 1 January 2010, firms must revalue portfolios for large cash flows. Okay, fine. AND, unless you revalue for...
by admin | Sep 24, 2009 | GIPS
During this week’s GIPS(R) conference we learned that the GIPS executive committee was wrestling with the term “verification,” which has been part of these standards since 1999 and part of the prior AIMR-PPS(R) since ’93. The problem is that...
by admin | Sep 23, 2009 | GIPS
The long anticipated announcement of the changes to the GIPS(R) standards is beginning to occur. At yesterday’s opening session of this year’s annual GIPS Conference, we learned of some of what is in store for us: these changes will occur in January 2011....
by admin | Sep 21, 2009 | GIPS
The GIPS Annual Conference is this week in Boston. Today, I’m teaching a class on the GIPS(r) standards for the CFA Institute, and then will attend a meeting of the USIPC, the group that represents the U.S. for GIPS. As for teaching these classes, I’ve...
