by admin | Mar 16, 2010 | GIPS, Global Investment Performance Standards, verification
How does one go about choosing their GIPS(R) (Global Investment Performance Standards) verifier? There is little guidance provided and it’s very easy to use criteria which is less than ideal. I’ve compiled this list and hope you find it of value (as...
by admin | Mar 15, 2010 | GIPS, Global Investment Performance Standards, risk, risk management
We spend a great deal of time debating the value of various risk measures, arguing, for example, whether it’s appropriate for the Global Investment Performance Standards (GIPS(R)) to require the disclosure of the 3-year annualized standard deviation or whether...
by admin | Mar 10, 2010 | GIPS, Global Investment Performance Standards
I was at a client yesterday conducting a verification, and a colleague, who is quite well versed on the Global Investment Performance Standards (GIPS(R)), pointed out that the planned (1 January 2010) requirement to revalue portfolios for large external cash flows had...
by admin | Mar 9, 2010 | GIPS, Global Investment Performance Standards
As a GIPS(R) (Global Investment Performance Standards) verifier, we get to see lots of presentations. Some firms are “lean and mean,” and only show what’s required; others toss in all kinds of verbiage which isn’t necessary. Example: including...
by admin | Mar 8, 2010 | GIPS, Global Investment Performance Standards, risk
Money Management Letter offered the following regarding the revised Global Investment Performance Standards (GIPS(R)) which will go into effect next January: “The CFA Institute has placed a heavy emphasis on risk disclosure in its revised Global Investment...
by admin | Mar 4, 2010 | attribution, GIPS, Global Investment Performance Standards
I just got off the phone with a verification client who wanted to discuss attribution and the requirements of the Global Investment Performance Standards (GIPS(R)). Many firms want to include attribution in their marketing materials, and this is great! It provides the...