by admin | Oct 11, 2010 | benchmarks, GIPS, Global Investment Performance Standards
We conduct a lot of GIPS(R) (Global Investment Performance Standards) verifications, and often see managers use the S&P 500 as the benchmark for their composite. But this is often the wrong one to use. For GIPS purposes the index should tie into the...
by admin | Oct 5, 2010 | currency, GIPS, Global Investment Performance Standards, multicurrency
During last week’s GIPS(R) (Global Investment Performance Standards) conference in San Francisco, I had a conversation with a client who posed an interesting question. They have a US Equity mutual fund that until recently only had U.S. investors. However, a...
by admin | Oct 4, 2010 | GIPS, Global Investment Performance Standards
Well, you’ll have a bit longer of a wait than I had anticipated. I thought the book would be available by year-end, but it now appears that it won’t be ready until late 2011 and perhaps not until early 2012. No doubt the massive changes to the GIPS(R)...
by admin | Oct 1, 2010 | GIPS, Global Investment Performance Standards
At yesterday’s GIPS(R) (Global Investment Performance Standards) conference in San Francisco, someone asked a question about the legitimacy or appropriateness of GIPS verifiers who don’t bother to show up at their clients’ offices to conduct...
by admin | Sep 29, 2010 | GIPS, Global Investment Performance Standards
I learned that some folks feel that there’s a perception in the industry that GIPS(R) (Global Investment Performance Standards) only applies to institutional managers, and that retail need not apply. I found this somewhat fascinating, bewildering, surprising,...
by admin | Sep 27, 2010 | GIPS, Global Investment Performance Standards
This week sees the GIPS(R) (Global Investment Performance Standards) Executive Committee (EC) meeting in one of my favorite cities: San Francisco. In addition, the USIPC (United States Investment Performance Committee) will hold its annual “in-person”...
