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Discretion … a definition

Discretion … a definition

by admin | May 15, 2012 | discretion, GIPS, Global Investment Performance Standards, nondiscretion

Recall that GIPS(R) (Global Investment Performance Standards) has a fundamental rule that states “all actual, fee paying, discretionary portfolios must be included in at least one composite.” Much of this is pretty simple:”actual”: a real...
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