GIPS® Standards for Asset Owners

Why Should Asset Owners Comply?

Of the 300 largest pensions funds, 50 largest US-based endowments, and 50 largest US-based foundations, 67.3% require or ask about GIPS compliance when selecting external managers while 89% are familiar with the GIPS standards. Just under 28.7% of these organizations either claim compliance or are in the process of claiming compliance with the GIPS standards.1

With this level of familiarity and appreciation for the value placed on a claim of GIPS compliance when selecting external managers, it’s no surprise there has been an increased demand for asset owner compliance. Also contributing to the increase in adoption is the development of asset-owner specific guidance in 2020 (GIPS Standards for Asset Owners) by CFA Institute as well as additional resources now available:

Asset owners are considering adoption for a variety of reasons, including enhanced regulator and investor trust, improved efficiency and scalability of investment performance processes, comparability of performance reporting across internally and externally managed assets, and furthering a culture of compliance. An asset owner claiming GIPS compliance demonstrates to its oversight body, legislative body, and the general public:

  • A commitment to industry best practices and globally accepted ethical standards
  • A commitment to the performance standards typically required of external investment managers, including adherence to thorough investment performance policies and procedures
  • It’s participants and beneficiaries can rely on decision-making supported by the principles of fair representation and full disclosure of investment results

Interested in hearing more about GIPS compliance from other asset owners?

GIPS for Asset Owners: Why Adopt a Voluntary Standard?

Webinar featuring Rob Patterson, CIPM, FRM, CalPERS

AIA’s Journey to GIPS Compliance

Case study in future-proofing investment operations provided by CFA Institute

5-minute video (CFA Institute)

GIPS STandards for Asset Owners

Request a Proposal

TSG serves asset owners of all types, including many of the largest asset owners claiming GIPS compliance in the United States, Canada, Europe, and the Middle East. Please contact us to discuss how we can assist your organization.

1According to the Survey Report of US Asset Owners on the GIPS® Standards conducted by CFA Institute in 2020. Survey population included the 300 largest pension funds that manage defined benefit assets from the February 2020 Pension & Investments list of Largest Retirement Funds, the 50 largest US-based endowments from the Sovereign Wealth Fund Institute list of the Top 100 Largest Endowment Rankings by Total Assets, and the 50 largest US-based foundations from the April 2020 ARCO list of the World’s 100 Largest Philanthropic Foundations list.
TSG GIPS® Standards for OCIO/Consultants

Get a Customized Proposal

We can provide you with a proposal tailored to your precise needs.

Please answer the questions below, and we will provide you with a detailed proposal for performance verification services.   Or, if you need immediate assistance, please call 732-873-5700.



    GIPS® is a registered trademark owned by CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.