GIPS in the News
News coverage of the Standards from around the world
2007 Highlights
Lifting The Lid
Reuters / 8 September 2007
Excerpt: “I think investors want to see a fair representation of what it is that they own and how those assets and liabilities are performing,” said Jonathan Boersma, director of investment performance standards at the CFA Centre for Financial Market Integrity, which represents financial analysts and portfolio managers. “As more of these kind of vehicles come to light ... I think there are going to be a lot of investors scratching their heads, saying they didn't know the extent of the exposure here.”
Interview With Mohammad Shoaib, CFA, President of
CFA Association of Pakistan
CNBC Pakistan / 11 July 2007
Excerpt: [translation]
Mohammad Shoaib introduced the GIPS standards and how its adoption in
Pakistan can facilitate investors’ comparison of portfolio and fund
managers with them using a uniform set of global standards in investment
performance calculations and reporting. He also mentioned the visit of
Mr. Louis Boulanger, CFA, earlier this year who traveled to Pakistan from
his home country, New Zealand, to hold a series of interactive workshops
to create awareness about GIPS among the investors, fund managers, and
regulators. Shoaib also talked about the discussions being held with the
key regulator in Pakistan, SECP, to implement GIPS in Pakistan.
Meeting Global Standards
Forbes.com / 15 May 2007
Excerpt: Being GIPS-compliant can actually make things easier for firms that are trying to compete in multiple markets, because they have to abide by only one set of standards and they can avoid having to make major changes in their presentation or calculation methods when working in other countries. In other words, GIPS fills a need for standardization across a far-flung industry.
Niche Manager Scores Performance Reporting
First
Financial Alert (New Zealand) / 8 May 2007
Excerpt: "GIPS help to facilitate a dialogue between investment managers and their prospective clients about the critical issues as to how an investment management firm has achieved performance results that can help determine future investment strategies," IFSA chief executive Richard Gilbert told Money Management.
CFA Appoints Ethics Czar
Investment News Daily / 19 March 2007
Excerpt: The CFA Institute Centre for Financial
Market Integrity has appointed Jonathan A. Boersma executive director
overseeing the global investment performance standards, or GIPS, in a
statement released today. Mr. Boersma will serve as a permanent member of
the GIPS executive committee and manager for the GIPS secretariat at CFA
Institute in Charlottesville, Va. GIPS are a set of ethical principals
that establish a standardized, industry-wide approach to how investment
firms should calculate and report their investment results to prospective
clients. Prior to obtaining his new post, Mr. Boersma was director of
standards of practice at the CFA Centre where he directed the
development, circulation, and maintenance