• About
  Us
• News and
  Events
• Standards and
  Interpretations
• Becoming
  Compliant
• Investor
  Resources

Newsletter Archive: March 2011

 

GIPS Newsletter

 

Four Additional Updated Guidance Statements Released!
The GIPS Executive Committee has updated the existing Real Estate, Private Equity, Wrap Fee/SMA Portfolios, and Verification Guidance Statements to bring the Guidance Statements current to reflect the 2010 edition of the GIPS standards (PDF). It is important to remember that compliance with the GIPS standards requires that firms comply with all requirements of the GIPS standards, including any updates, Guidance Statements, Questions & Answers (Q&As), and clarifications published by CFA Institute and the GIPS Executive Committee, which are available on the GIPS website (www.gipsstandards.org), as well as in the GIPS Handbook. The Q&As that were previously at the end of each of the Guidance Statements have been relocated to the GIPS Q&A database. In the coming months, the GIPS Q&A database will also be updated to reflect changes in the 2010 edition of the GIPS standards. The GIPS standards website also includes additional resources, including red-line versions of the Guidance Statements showing the changes between the prior and updated Guidance Statements. 

Upcoming GIPS In-Person Meetings
We are pleased to announce that the next in-person meetings of the GIPS Executive Committee, Regional Investment Performance Subcommittees (RIPS), and GIPS Council will be held on 24 and 25 March 2011 at the Crowne Plaza Hotel in Zurich, Switzerland. We encourage you to keep up to date on the latest topics and developments with the GIPS standards by reviewing the materials provided in advance of those meetings. Visit the GIPS website later this week to view the meeting materials.

Volunteer Openings
The GIPS 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, interpretation, and promotion of the GIPS standards. The GIPS Executive Committee is seeking nominees to serve as Chair of the Interpretations Subcommittee that prepares clarifications of the GIPS standards through interpretations that effectively respond to new issues presented by the global investment industry for the GIPS Executive Committee. Volunteers must have investment performance measurement and/or evaluation experience, extensive and thorough knowledge of the GIPS standards, and be able to assist in ensuring the integrity, consistency, and applicability of the GIPS standards. E-mail to volunteer for this important role or to obtain more information. The application deadline is 1 April 2011.

The GIPS Real Estate Working Group (REWG) is also currently seeking volunteers. The purpose of the REWG is to provide  technical guidance for the GIPS standards through the maintenance and development of interpretations and guidance. Candidates will have extensive real estate industry experience and a strong knowledge of investment performance, including the GIPS standards. For more information or to apply for the REWG, please e-mail by 15 April 2011.

Staying Current
Stay up to date by signing up for the GIPS Newsletter and the GIPS RSS feed, and by following us on Twitter. Please visit the GIPS website for additional information and resources, including podcasts from the last year’s GIPS Standards Annual Conference in San Francisco.