Announcements

CFA Institute announces the appointment of new members to the Global Investment Performance Standards (GIPS®) Executive Committee, the decision-making body for the GIPS standards and the GIPS Technical Committee, responsible for technical oversight of the GIPS standards.
CFA Institute announces a new Industry Survey on the treatment of fees across the industry. The goal of the survey is to get perspective from different types of managers (Alternative, Wrap, Institutional, etc.) in various geographical locations on how they handle the different types of fees and also how they are being applied to the different fund structures. The feedback from survey participants can shed light on where the inconsistencies lie. The survey should be completed by an individual familiar with your firm’s standard performance measurement processes and procedures and/or the manner in which performance results are communicated to the investing public. The responses will be kept anonymous. However, all feedback received will be combined and an executive summary will be released in the coming months.

CFA Institute is looking for volunteers to serve as members on the Investment Manager Subcommittee, Asset Owner Subcommittee, Verification Subcommittee, Interpretations Subcommittee, and the Real Estate Working Group for the 2015-2016 term (which begins Tuesday, 1 September 2015). If you are interested in volunteering to serve on a GIPS Subcommittee and/or working group, please fill out the Volunteer Interest Form by 30 June 2015. 

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GIPS In The News

A combined CFAUK and CAIA London event was held on 24 March 2015 to discuss GIPS and alternatives. EY kindly hosted the event. Whilst Chatham House rules will often apply to such events, CFAUK, CAIA London, and the speakers have given permission for an edited transcript of the event to be reproduced in The Hedge Fund Journal.
The Hedge Fund Journal
15 May 2015
The Global Investment Performance Standards (GIPS®) are a set of standardized, industry-wide ethical principles that provide investment management firms with guidance on how to calculate and report their investment results to prospective clients. Investment managers voluntarily choose to abide by the GIPS standards—compliance is not mandated by any law or regulation. For many years, GIPS compliance has been seen as an essential ingredient that can make or break a firm’s marketing efforts in terms of winning new mandates and maintaining institutional clients.
Investment Adviser Association Newsletter - April 2015
15 April 2015
Early this year, Taikang Asset Management Co Ltd (Taikang AMC) became the first insurance-owned asset management firm to claim compliance with the Global Investment Performance Standards (GIPS) in China. The GIPS standards are a set of universally accepted standards that allow investors to compare and evaluate the performance of various asset managers. For a company like Taikang AMC that is looking to expand business with local asset owners such as pension funds and foreign institutional investors, the benefits are clear.
Asia Asset Management
9 April 2015

Current Standards

The 2010 edition of the GIPS standards was adopted on 29 January 2010 and became effective on 1 January 2011.

2010 edition of the GIPS standards (effective 1 January 2011)
Endorsed Translations (2010 edition)

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