by admin | Feb 4, 2010 | GIPS, Global Investment Performance Standards
Within the Global Investment Performance Standards (GIPS(R)), recommendations are to be considered “best practice.” But what exactly IS “best practice?” I did a quick Google search and found some interesting definitions: The practice that...
by admin | Feb 4, 2010 | GIPS, Global Investment Performance Standards
“I’m late! For a very important date! No time to say hello, goodbye! I’m late, I’m late, I’m late!” Thus, spoke the White Rabbit from Alice in Wonderland. But you probably knew that. When it comes to adopting the new requirements for the Global Investment...
by admin | Jan 30, 2010 | GIPS, Global Investment Performance Standards
Yesterday, the GIPS(R) (Global Investment Performance Standards) Executive Committee voted on the final version of GIPS 2010, which go into effect January 1, 2011. I will cover some of the key points shortly, both here and in our newsletter. Stay tuned! Congrats to...
by admin | Jan 29, 2010 | GIPS, Global Investment Performance Standards
The Global Investment Performance Standards (GIPS(R)) Nominations Committee is seeking volunteers to serve on the GIPS Executive Committee. The GIPS Executive Committee is a nine-member committee that serves as the decision-making authority for the development,...
by admin | Jan 28, 2010 | examinations, GIPS, Global Investment Performance Standards, verification
No doubt you recall a time when we wouldn’t tear off those tags on our mattresses, because to do so would violate the law! We were convinced that there was a special agency (the Mattress Police) who, unannounced, would appear at your bedroom door to inspect your...
by admin | Jan 27, 2010 | GIPS, Global Investment Performance Standards
One of the most difficult and confusing aspects of the Global Investment Performance Standards (GIPS(R)) is “discretion.” As we know, “discretion” has multiple meanings. First, we have “legal” discretion and then “GIPS”...