by admin | Nov 9, 2011 | GIPS, Global Investment Performance Standards
One of our GIPS(R) (Global Investment Performance Standards) verification clients posed the following question: “We have had the question come up here as to whether a potential limited partner in a partnership that we manage (managed in a similar manner to a...
by admin | Nov 7, 2011 | GIPS, Global Investment Performance Standards
I did not attend this year’s annual GIPS(R) (Global Investment Performance Standards) conference in Chicago, though we sponsored it, and four of my colleagues were present. I learned that someone raised a question which I put forward here a few days ago,...
by admin | Nov 1, 2011 | composites, GIPS, Global Investment Performance Standards
One of our GIPS(R) (Global Investment Performance Standards) verification clients called to ask what’s the best practice for composite construction. Interesting question, I think.We first touched on the meaning of “best practice,” as it relates to...
by admin | Oct 25, 2011 | GIPS, Global Investment Performance Standards
The GIPS(R) (Global Investment Performance Standards) Q&A desk appears to have introduced a new rule:Firms may not add new accounts within a month*While I have no problem with this change, it would have been nice if it had been put forward for public comment,...
by admin | Oct 21, 2011 | examinations, GIPS, Global Investment Performance Standards, verification
#4 GIPS Performance ExaminationsWe have always been big supporters of GIPS(R) (Global Investment Performance Standards) verifications: given the Standards’ complexity, it is very easy for firms to make mistakes.At one time it was expected that verifications...
by admin | Oct 19, 2011 | GIPS, Global Investment Performance Standards
#2 Using spreadsheets to maintain your GIPS compositesTSG began surveying the industry on the presentation standards (initially the AIMR-PPS(R); later GIPS(R) (Global Investment Performance Standards)) in 1994, and we’ve done it several times since then. We have...